636700YQKGLXCPPUYE74 2024-01-01 2024-12-31 636700YQKGLXCPPUYE74 2023-01-01 2023-12-31 636700YQKGLXCPPUYE74 2024-12-31 636700YQKGLXCPPUYE74 2023-12-31 636700YQKGLXCPPUYE74 2022-12-31 636700YQKGLXCPPUYE74 2023-12-31 ifrs-full:IssuedCapitalMember 636700YQKGLXCPPUYE74 2023-12-31 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 636700YQKGLXCPPUYE74 2023-12-31 ifrs-full:RetainedEarningsMember 636700YQKGLXCPPUYE74 2023-12-31 ifrs-full:EquityAttributableToOwnersOfParentMember 636700YQKGLXCPPUYE74 2023-12-31 ifrs-full:NoncontrollingInterestsMember 636700YQKGLXCPPUYE74 2024-01-01 2024-12-31 ifrs-full:IssuedCapitalMember 636700YQKGLXCPPUYE74 2024-01-01 2024-12-31 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 636700YQKGLXCPPUYE74 2024-01-01 2024-12-31 ifrs-full:RetainedEarningsMember 636700YQKGLXCPPUYE74 2024-01-01 2024-12-31 ifrs-full:EquityAttributableToOwnersOfParentMember 636700YQKGLXCPPUYE74 2024-01-01 2024-12-31 ifrs-full:NoncontrollingInterestsMember 636700YQKGLXCPPUYE74 2024-12-31 ifrs-full:IssuedCapitalMember 636700YQKGLXCPPUYE74 2024-12-31 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 636700YQKGLXCPPUYE74 2024-12-31 ifrs-full:RetainedEarningsMember 636700YQKGLXCPPUYE74 2024-12-31 ifrs-full:EquityAttributableToOwnersOfParentMember 636700YQKGLXCPPUYE74 2024-12-31 ifrs-full:NoncontrollingInterestsMember 636700YQKGLXCPPUYE74 2022-12-31 ifrs-full:IssuedCapitalMember 636700YQKGLXCPPUYE74 2022-12-31 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 636700YQKGLXCPPUYE74 2022-12-31 ifrs-full:RetainedEarningsMember 636700YQKGLXCPPUYE74 2022-12-31 ifrs-full:EquityAttributableToOwnersOfParentMember 636700YQKGLXCPPUYE74 2022-12-31 ifrs-full:NoncontrollingInterestsMember 636700YQKGLXCPPUYE74 2023-01-01 2023-12-31 ifrs-full:IssuedCapitalMember 636700YQKGLXCPPUYE74 2023-01-01 2023-12-31 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 636700YQKGLXCPPUYE74 2023-01-01 2023-12-31 ifrs-full:RetainedEarningsMember 636700YQKGLXCPPUYE74 2023-01-01 2023-12-31 ifrs-full:EquityAttributableToOwnersOfParentMember 636700YQKGLXCPPUYE74 2023-01-01 2023-12-31 ifrs-full:NoncontrollingInterestsMember iso4217:EUR xbrli:shares iso4217:EUR xbrli:shares Jernholmen 492650 Hvidovre Denmark As a leading freight forwarder, SGL Group facilitates the global movement of goods on behalf of exporters and importers. We coordinate transportation by securing capacity from ocean carriers,airlines, and road and rail transport operators. 2383000000 1162000000 1867000000 893000000 516000000 269000000 85000000 40000000 236000000 127000000 195000000 102000000 83000000 42000000 112000000 60000000 -41000000 -32000000 71000000 28000000 11000000 16000000 119000000 81000000 -37000000 -37000000 17000000 14000000 -54000000 -51000000 -57000000 -53000000 3000000 2000000 -54000000 -51000000 -54000000 -51000000 16000000 -9000000 16000000 -9000000 -38000000 -60000000 -41000000 -58000000 3000000 -2000000 -38000000 -60000000 1575000000 1424000000 91000000 83000000 11000000 9000000 12000000 7000000 3000000 0 1692000000 1523000000 432000000 265000000 55000000 42000000 1000000 3000000 4000000 4000000 17000000 12000000 29000000 32000000 75000000 142000000 613000000 500000000 2305000000 2023000000 0 0 11000000 -5000000 821000000 880000000 832000000 875000000 0 0 832000000 875000000 892000000 726000000 22000000 41000000 41000000 45000000 62000000 12000000 1017000000 824000000 0 6000000 182000000 139000000 81000000 84000000 26000000 18000000 48000000 22000000 4000000 2000000 115000000 53000000 456000000 324000000 1473000000 1148000000 2305000000 2023000000 -54000000 -51000000 17000000 14000000 83000000 42000000 11000000 16000000 119000000 81000000 125000000 -5000000 0 10000000 86000000 64000000 33000000 19000000 -90000000 2000000 17000000 6000000 12000000 8000000 71000000 78000000 3000000 0 -103000000 -92000000 -193000000 -90000000 0 79000000 2000000 3000000 1000000 0 -2000000 587000000 722000000 0 363000000 494000000 193000000 68000000 0 3000000 0 22000000 13000000 131000000 233000000 -62000000 143000000 136000000 0 1000000 -7000000 -62000000 143000000 75000000 136000000 0 0 -5000000 880000000 875000000 0 875000000 0 0 -57000000 -57000000 3000000 -54000000 0 16000000 0 16000000 0 16000000 0 16000000 -57000000 -41000000 3000000 -38000000 0 0 2000000 2000000 0 2000000 0 0 0 0 3000000 3000000 0 0 -2000000 -2000000 -3000000 -5000000 0 11000000 821000000 832000000 0 832000000 0 0 0 0 0 0 0 0 -53000000 -53000000 2000000 -51000000 0 -5000000 0 -5000000 -4000000 -9000000 0 -5000000 -53000000 -58000000 -2000000 -60000000 0 0 0 0 1000000 1000000 0 0 933000000 933000000 0 933000000 0 0 0 0 3000000 3000000 0 0 933000000 933000000 2000000 935000000 0 -5000000 880000000 875000000 0 875000000 400000 400000 1 1 <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.<span class="_ _182"/>1 MA<span class="_ _2d"/>TERIA<span class="_ _0"/>L A<span class="_ _75"/>CCOUN<span class="_ _0"/>T<span class="_ _0"/>ING P<span class="_ _2"/>OL<span class="_ _0"/>IC<span class="_ _2"/>IE<span class="_ _2"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Basis of presentation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 2024 Annual Repor<span class="_ _2"/>t of SGL Gr<span class="_ _0"/>oup has been prepared in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with the IFRS Accounting Standards as adopted by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">European Union and additional disclosure r<span class="_ _0"/>equirements applicable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to enterprises in accounting class D under the Danish Financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Statements Act.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Repor<span class="_ _2"/>t of SGL Gr<span class="_ _0"/>oup comprises the consolidated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements of SGL Gr<span class="_ _0"/>oup ApS and its subsidiaries. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements were authorised for issue by the Board o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Directors on 28 March 2025. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The accounting policies in the Annual Repor<span class="_ _2"/>t for 2024 follow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the same accounting policies as for the Annual Repor<span class="_ _2"/>t for 2023 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">except for any new<span class="_ _0"/>, amended or revised accounting standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations (IFRS) as described below<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Functional currency</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s consolidated financial statements are presented in Euro </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rounded to millions (EURm). For each entity<span class="_ _75"/>, SGL Group determines </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the functional currency and items included in the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements of each entity ar<span class="_ _0"/>e measured using that functional </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">currency<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Materiality in financial reporting</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Our focus is to present information that is consider<span class="_ _0"/>ed of material </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impor<span class="_ _2"/>tance for our stakeholders in a simple and structured</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">way<span class="_ _75"/>. Disclosures that IFRS requires ar<span class="_ _0"/>e included in the annual report,<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unless the information is considered o<span class="_ _0"/>f immaterial impor<span class="_ _2"/>tance to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">users of the annual report.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Consolidation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated financial statements comprise the parent, SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group ApS, and entities controlled by the par<span class="_ _0"/>ent. Control is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presumed to exist when SGL Group is exposed to or has rights to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">variable returns fr<span class="_ _0"/>om its involvement with the entity SGL Group can </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">affect those returns thr<span class="_ _0"/>ough its power to direct the entity’<span class="_ _75"/>s activities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Consolidated Annual Repor<span class="_ _2"/>t is prepar<span class="_ _0"/>ed based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial Statements of all gr<span class="_ _0"/>oup enterprises under SGL Group<span class="_ _75"/>’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accounting policies by combining accounting items of a uniform </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">nature. Elimination comprises intercompany income and expenses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unrealised intercompany pr<span class="_ _0"/>ofits and losses, balances and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shareholdings.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Comparative figures are not adjusted for newly acquir<span class="_ _0"/>ed, sold or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wound-up enterprises. Recently acquired or sold subsidiaries are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the consolidated income statement for the period the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">parent controls such entities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting items attributable to group companies are r<span class="_ _0"/>ecognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in full in the consolidated annual report. Non-controlling interests’ </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share o<span class="_ _0"/>f group companies’ pro<span class="_ _0"/>fit or loss for the year and equity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is recognised as separate items in the income statement and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of changes in equity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign currency translation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ransactions denominated in foreign currencies are translated into </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the functional currency using the exchange rate on the transaction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date. Receivables, payables and other monetar<span class="_ _2"/>y items denominated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in foreign currencies ar<span class="_ _0"/>e translated into the functional currency at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exchange rate at the balance sheet date realised and unrealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange gains and losses are recognised in the income statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as financial income and expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow statement</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flows from operating activities are pr<span class="_ _0"/>esented using the indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method and are made up o<span class="_ _0"/>f the result for the year<span class="_ _75"/>, adjusted for non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash operating items, changes in working capital, paid and</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received interests and paid income taxes.<span class="ffa ls5 ws6e"> C<span class="_ _0"/><span class="ff5 ls1 ws1">ash flows from investing </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities comprise cash flows from investments in group companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as well as intangible and tangible assets.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flows from financing activities comprise the changes in SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s debt and equity composition mainly related to bond debt, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">credit facilities and repayment o<span class="_ _0"/>f lease debt.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">iXBRL reporting<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL is required to pr<span class="_ _0"/>epare and file the annual report in the European </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Single Electronic Format (ESEF). The ESEF r<span class="_ _0"/>egulation entails that the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">annual report is drawn up and disclosed using the XHTML format </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and that primar<span class="_ _2"/>y statements and notes are block tagged using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">inline eXtensible Business Repor<span class="_ _2"/>ting Language (iXBRL). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The iXBRL tags comply with the ESEF taxonomy<span class="_ _75"/>, an extension to<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the taxonomy created. The annual report submitted to the Danish </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial Super<span class="_ _2"/>visor<span class="_ _2"/>y Authority consists of the XHTML, documents </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and specific technical files, all included in a ZIP file named SGL-2024-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">12-31-en.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Alternative Performance Measures (APM)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>o describe our financial performance and position, SGL discloses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">specific financial measures not defined according to IFRS thr<span class="_ _0"/>oughout </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Annual Repor<span class="_ _2"/>t to describe our financial performance and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position. The most commonly used APMs are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span>EBIT<span class="ws1">DA befor<span class="_ _0"/>e special ite<span class="ws4">ms</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">Operating pro<span class="_ _0"/>fit (EBIT) before special items</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">Net interest<span class="_ _75"/>-bearing debt (NIBD)</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">Net working capital</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">We disclose the alternative performance measures (APM) as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">they are essential in managing our business and achieving our </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strategic goals. They ultimately provide valuable information to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our stakeholders and management for evaluating and analysing </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our performance. The financial measures should not be considered </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as a replacement for performance measures defined under IFRS </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">but rather as supplementar<span class="_ _2"/>y information. The APMs are non-IFRS </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial measures defined and calculated by SGL Group and thus </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">may not be comparable with measures provided by peers or other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">companies. Refer to note 2.5 for fur<span class="_ _2"/>ther disclosure o<span class="_ _0"/>f Special Items. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Our definitions of the financial measur<span class="_ _0"/>es are included in note 6.5. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In Management’<span class="_ _75"/>s review<span class="_ _0"/>, we disclose figures referr<span class="_ _0"/>ed to as pro </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forma numbers. Pro forma numbers include performance prior to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group ApS’ acquisition o<span class="_ _0"/>f the combined group of companies in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Scan Global Logistics Group formerly r<span class="_ _0"/>epor<span class="_ _2"/>ted under the SGL<span class="_ _0"/>T </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Holding parent company<span class="_ _75"/>. The pro forma numbers will be used to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">compare our performance and show the development on a like-for<span class="_ _75"/>-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">like basis.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">New accounting regulations adopted in 2024</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has implemented the latest IFRS Accounting Standards </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and amendments effective as of 1 J<span class="_ _0"/>anuar<span class="_ _2"/>y 2024 as adopted by<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the European Union. All amendments to the IFRS Accounting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Standards effective for the financial period have been implemented </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">where relevant as a basis for pr<span class="_ _0"/>eparing the consolidated financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements and notes to the statements. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The implementation of the amendments to IAS 1 for pr<span class="_ _0"/>esentation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of non-curr<span class="_ _0"/>ent liabilities with covenants have been applied as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of 1 J<span class="_ _0"/>anuar<span class="_ _2"/>y 2024. The impact from the implementation of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amendment did not have any material impact on the recognition or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presentation o<span class="_ _0"/>f the Group<span class="_ _75"/>’<span class="_ _0"/>s financial liabilities subject to covenants. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group<span class="_ _75"/>’<span class="_ _75"/>s covenants are described in note 4.2 in the section on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">how SGL Group manage liquidity risk.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">New accounting regulations not yet adopted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The IASB has issued a number of new standar<span class="_ _0"/>ds and amendments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not yet in effect or endorsed by the EU and therefore not r<span class="_ _0"/>elevant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for the preparation o<span class="_ _0"/>f the Annual Repor<span class="_ _2"/>t in 2024. SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">intends to adopt these new and amended accounting standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations if applicable, when they become mandatory<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The new or amended standards and interpretations ar<span class="_ _0"/>e currently </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not expected to carr<span class="_ _2"/>y any significant impact on the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements of the SGL Gr<span class="_ _0"/>oup when implemented.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is currently working to identify all impacts from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">implementing IFRS 18 will have on the primar<span class="_ _2"/>y financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and notes to the financial statements.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business segments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The operations are organised into thr<span class="_ _0"/>ee reportable segments (Air &amp;<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ocean, Road and Solutions) which form the segment reporting.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The core business o<span class="_ _0"/>f SGL Group is within the Air &amp; Ocean segment. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In contrast, the Road and Solutions activities are smaller in a Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">context and are primarily within a limited geographic area (Eur<span class="_ _0"/>ope </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Nor<span class="_ _2"/>th America). The specific project business o<span class="_ _0"/>f SGL Group is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">also reported within the Air &amp; Ocean segment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Segment information</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The segment information is based on SGL Group<span class="_ _75"/>’<span class="_ _75"/>s operational and<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management structure and reflects the types o<span class="_ _0"/>f ser<span class="_ _2"/>vices SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">provides. The segment reporting is prepared in line with the SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s internal management and repor<span class="_ _2"/>ting structure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean ser<span class="_ _2"/>vices comprise air<span class="_ _75"/>- and ocean freight logistics </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">facilitating transpor<span class="_ _2"/>tation of goods globally<span class="_ _4"/>. This includes<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">special projects departments (Aid &amp; Relief transpor<span class="_ _2"/>ts, special </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transpor<span class="_ _2"/>tations of cars, handling on- &amp; o<span class="_ _0"/>ffshore transpor<span class="_ _2"/>tation, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expedited critical moves, vessel- &amp; specialised tonnage char<span class="_ _2"/>ter and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">barge services, heavy lif<span class="_ _2"/>t and crane installation, por<span class="_ _2"/>t ser<span class="_ _2"/>vices, onsite<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">inspection as well as inland- and final mile haulage etc.). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A typical Air or Ocean shipment would include ser<span class="_ _2"/>vices rendered </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at origin, such as pick<span class="_ _75"/>-up and deliver<span class="_ _2"/>y to por<span class="_ _2"/>t, freight ser<span class="_ _2"/>vices from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">origin to destination por<span class="_ _2"/>t and destination ser<span class="_ _2"/>vices, such as customs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">clearance and final deliver<span class="_ _2"/>y<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road ser<span class="_ _2"/>vices comprise road freight logistics facilitating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transpor<span class="_ _2"/>tation of goods by r<span class="_ _0"/>oad networks within Europe and Nor<span class="_ _2"/>th </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">America.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For Solutions, the ser<span class="_ _2"/>vices performed are related to customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts for warehouse and distribution activities, whereby services </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed are storage, handling and distribution.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from freight forwarding ser<span class="_ _2"/>vices is recognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with the over<span class="_ _4"/>-time recognition principle. Most freight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices and related ser<span class="_ _2"/>vices are characterised by short </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">deliver<span class="_ _2"/>y times, except for ocean ser<span class="_ _2"/>vices, which usually take longer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">due to the nature o<span class="_ _0"/>f the transpor<span class="_ _2"/>t ser<span class="_ _2"/>vice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue comprises freight forwarding ser<span class="_ _2"/>vices, contract logistics<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and other related services delivered in the year<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services delivered is recognised in accordance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the over<span class="_ _75"/>-time recognition principles following the satisfaction of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">various milestones as the performance obligation is fulfilled towards </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customer<span class="_ _4"/>. The primar<span class="_ _1"/>y services comprise Air<span class="_ _75"/>, Ocean, Road and<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions ser<span class="_ _2"/>vices, described in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue generated within the Air &amp; Ocean and Road activities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">typically comprises ser<span class="_ _2"/>vices such as pick<span class="_ _75"/>-up, deliver<span class="_ _2"/>y to por<span class="_ _2"/>t, freight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and destination ser<span class="_ _2"/>vices e.g., customs clearance. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These ser<span class="_ _2"/>vices are considered to r<span class="_ _0"/>epresent one single performance<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation satisfied over time. Measurement o<span class="_ _0"/>f the fulfillment of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the performance obligation is based on the status of the shipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by carriers. Revenue from Solutions activities is mainly related to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts comprising warehousing and distribution services. These<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices represent a series o<span class="_ _0"/>f distinct ser<span class="_ _2"/>vices, considered to be one </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">single performance obligation. Revenue is recognised as the ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are render<span class="_ _0"/>ed.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets are recor<span class="_ _0"/>ded for unbilled work in progress, wher<span class="_ _0"/>eas </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts received for not yet completed services are presented as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contract liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services delivered is measured at fair value net of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">V<span class="_ _75"/>A<span class="_ _75"/>T<span class="_ _0"/>, all types of discounts/rebates granted, and net o<span class="_ _0"/>f other indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">taxes charged on behalf o<span class="_ _0"/>f third par<span class="_ _2"/>ties.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cost of operation comprises costs incurr<span class="_ _0"/>ed to generate the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue for the year<span class="_ _4"/>. The cost of operations includes the settlement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with shipping companies, airlines and haulage contractors, etc., </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and wages and salaries relating to own staff used to fulfill customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries, wages, pensions, social security costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and cash bonuses, except staff costs recognised under costs o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operation and special items. Staff costs are recognised in the year </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s employees per<span class="_ _2"/>formed the related work.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ermination benefits are expensed when an agr<span class="_ _0"/>eement has been<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reached between the Group and the employee and when no further </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vice is performed by the employee.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Special items are recognised in connection with pr<span class="_ _0"/>esenting the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated income statement for the year to separate items by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">their nature, which are not attributable to SGL Gr<span class="_ _0"/>oup<span class="_ _75"/>’<span class="_ _0"/>s primar<span class="_ _2"/>y<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business activity<span class="_ _75"/>. A separation of these items improves the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">understanding of the performance for the year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The use of special items entails management judgement in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">separation from ordinary items. Management carefully considers </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">individual items and projects (including restructurings) to ensur<span class="_ _0"/>e <span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the correct distinction between operating activities and income/</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenses of a special natur<span class="_ _0"/>e. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Special items comprise of:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Restructuring costs, impairment costs, etc., relating to </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fundamental structural, procedural and managerial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reorganisations as well as any r<span class="_ _0"/>elated gains or losses on disposals </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">T<span class="_ _4"/>ransaction and restructuring costs relating to the acquisition and </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">divestment of enterprises.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arising from business combinations is recognised and is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stated as the difference between the consideration paid and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value of the identified net assets. Goodwill is not amortised but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment if there ar<span class="_ _0"/>e indications of impairment, or at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">least once a year<span class="_ _4"/>.</span></span><span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations arising from business combinations ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised at fair value at acquisition. After commissioning, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are amortised on a straight<span class="_ _75"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life. When indications of impairment ar<span class="_ _0"/>e identified, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are tested for impair<span class="_ _0"/>ment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets arising from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations are recognised at fair value at acquisition. After </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, trademarks and other intangible assets are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised on a straight<span class="_ _75"/>-line basis over the expected useful life. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When indications of impairment ar<span class="_ _0"/>e identified, trademarks and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other intangible assets are tested for impairment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software includes acquired intangible rights and is measur<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at initial recognition at cost. So<span class="_ _0"/>f<span class="_ _2"/>tware acquired separately or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">developed for internal use is subsequently measured at cost less any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated amor<span class="_ _2"/>tisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Costs related to the development o<span class="_ _0"/>f software are calculated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as external costs, staff costs, amortisation and depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly attributable to the development o<span class="_ _0"/>f the software. After<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, software is amortised on a straight<span class="_ _0"/>-line basis over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the expected useful life.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses arising from the derecognition o<span class="_ _0"/>f an intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset are measured as the differ<span class="_ _0"/>ence between the net disposal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds and the asset’<span class="_ _75"/>s carr<span class="_ _2"/>ying amount. Gains or losses are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the income statement when the asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other non-current intangible assets, pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of other non-current assets is tested for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment when an indication of impairment is identified. Such </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets are further tested as par<span class="_ _2"/>t of the C<span class="_ _0"/>GU which the asset forms </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t of<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher o<span class="_ _0"/>f the fair value of the assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">less the expected costs of sale and the value in use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Where an impairment loss is r<span class="_ _0"/>ecognised on a group of assets, a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loss must first be allocated to goodwill and then to the other assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proportionally<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Items of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment are measured at cost less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses. Cost includes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition price and costs directly related to the acquisition until the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time at which the asset is ready for use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When significant par<span class="_ _2"/>ts of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment must be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">replaced at intervals, SGL Group depreciates them separately based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on their specific useful lives. Likewise, when a major inspection is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed, its cost is recognised in the carr<span class="_ _2"/>ying amount of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment as a replacement if the recognition criteria ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">satisfied. All other repair and maintenance costs are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement as incurred.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The depreciation basis is the cost minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight<span class="_ _4"/>-line basis over each asset’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life on cost price minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An item of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment, and any significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t initially recognised is der<span class="_ _0"/>ecognised upon disposal, or when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no future economic benefits are expected fr<span class="_ _0"/>om its use or disposal. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Any gain or loss arising on derecognition o<span class="_ _0"/>f the asset, calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the net disposal proceeds and the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of the asset, is included in the income statement when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use Assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Whether a contract contains a lease is assessed at contract inception. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For identified leases, a right<span class="_ _75"/>-of<span class="_ _75"/>-use asset and corresponding lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability are recognised on the lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon initial recognition, the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset is measured at a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost corresponding to the lease liability recognised, adjusted for any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease prepayments or directly r<span class="_ _0"/>elated costs, including dismantling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and restoration costs. The lease liability is measured at the pr<span class="_ _0"/>esent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value of lease payments o<span class="_ _0"/>f the leasing period discounted using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate implicit in the lease contract. In cases where the implicit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate cannot be determined, an appr<span class="_ _0"/>opriate incremental </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate is used. Extension options are only included in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determining the lease period if reasonably certain they will be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At subsequent measurement, the right<span class="_ _4"/>-of<span class="_ _0"/>-use-asset is measured less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses and adjusted for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">any remeasurements o<span class="_ _0"/>f the lease liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is carried out following the straight<span class="_ _75"/>-line method over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the lease term or the useful life of the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset, whichever </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is shor<span class="_ _2"/>test. The lease liability is measured at amortised cost using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effective interest method and adjusted for any remeasur<span class="_ _0"/>ements or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">modifications made to the contract.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension options are only included in the lease term if a lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extension is reasonably certain. The majority of extension and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">termination options held are exer<span class="_ _0"/>cisable only by SGL Group and not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by the respective lessor<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use assets and lease liabilities are not recognised for low-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value lease assets or leases with a lease term of 12 months or less. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These are recognised as an expense on a straight<span class="_ _4"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease term. Any ser<span class="_ _2"/>vice elements separable from the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are also accounted for following the same principle.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use-assets classified as land and buildings, mainly relate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to leases of o<span class="_ _0"/>ffices and warehouses. In contrast, assets recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as other assets mainly relate to trailers, trucks, company cars and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forklift leases.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are amounts due from customers for services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed in the ordinar<span class="_ _2"/>y course of business. Settlements are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generally due within 30-90 days and are therefor<span class="_ _0"/>e classified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as current receivables. Recognition is initially at the amount o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration that is unconditional. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are recognised as services delivered are invoiced </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the customer and not adjusted for any financing components </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as credit terms ar<span class="_ _0"/>e shor<span class="_ _2"/>t, and the financing component, therefore </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant. SGL Group holds the trade receivables to collect the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contractual cash flows and, therefore, measur<span class="_ _0"/>es them subsequently </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at amor<span class="_ _2"/>tised cost using the effective interest method. Wher<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices delivered have yet to be invoiced, and invoices on ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received from hauliers have still to be r<span class="_ _0"/>eceived, contract assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accrued cost of services are recognised at the reporting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the IFRS 9 simplified approach to measuring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses which also include recognised contract assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>o measure the expected credit losses, trade r<span class="_ _0"/>eceivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on the days past due, whereas contract assets ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">classified as not overdue due to its nature.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include accrued revenue and accrued expenses from fr<span class="_ _0"/>eight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices, contract logistics and other related ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in progress as o<span class="_ _0"/>f 31 December<span class="_ _4"/>. Amounts received for ser<span class="_ _2"/>vices that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are not yet completed are pr<span class="_ _0"/>esented as deferred income. Deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income is recognised in the income statement within 12 months, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as the conditional right to consideration from contract assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">becomes unconditional within 12 months of r<span class="_ _0"/>ecognition.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables are measur<span class="_ _0"/>ed at amor<span class="_ _2"/>tised cost or net realisable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value equivalent to nominal value less allowances for doubtful </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables, whichever is lower<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management makes allowance for doubtful receivables in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">anticipation of estimated futur<span class="_ _0"/>e receipt of payments. If certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">circumstances result in lack o<span class="_ _0"/>f receipt o<span class="_ _0"/>f payments, an additional<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance could be required.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables are measured at amortised cost.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earn-outs are based on futur<span class="_ _0"/>e expected per<span class="_ _2"/>formances in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earlier acquired companies. Budget, investing plans and realised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performances are some of the parameters that form the base of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial income and expenses are recognised in the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement at the amounts that relate to the financial reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The items comprise interest income and expenses, bank fees, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unwinding of discounting, financial expenses r<span class="_ _0"/>elating to finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, unrealised and realised exchange gains and losses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tisation of financial assets and liabilities and fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment of financial contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond interest expenses relate to bonds issued by SGL Gr<span class="_ _0"/>oup ApS, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">both existing bonds issued in 2023 and new bonds issued in March </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, financial expenses have been significantly impacted by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-off costs incurr<span class="_ _0"/>ed and premium paid as par<span class="_ _2"/>t of the r<span class="_ _0"/>edemption </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds, which also trigger<span class="_ _0"/>ed recognition of capitalised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loan costs and exchange rate loss on bonds redeemed.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ax for the year<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ax for the year consists of curr<span class="_ _0"/>ent tax and changes in deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for the year<span class="_ _4"/>, including adjustments to previous years. The tax for the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">year is recognised in the income statement unless the tax relates </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly to items included in other comprehensive income or equity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Current income tax receivable and payable is measur<span class="_ _0"/>ed at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount expected to be recovered fr<span class="_ _0"/>om or paid to the taxation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">authorities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Income taxes payable</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Current tax payable and receivable is r<span class="_ _0"/>ecognised in the balance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sheet at the estimated tax charge regar<span class="_ _0"/>ding the taxable income for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the year<span class="_ _4"/>, adjusted for tax on prior year<span class="_ _2"/>s’ taxable income and tax paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on account.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is measured using the balance sheet liability method </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on temporar<span class="_ _2"/>y differences between the carr<span class="_ _2"/>ying amount and the tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">base of assets and liabilities at the r<span class="_ _0"/>epor<span class="_ _2"/>ting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _4"/>, deferred tax is not recognised on temporar<span class="_ _2"/>y differences </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relating to goodwill, which is not deductible for tax purposes and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on other items where temporary differences, apar<span class="_ _2"/>t from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations, arise at the date of acquisition without affecting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">either pro<span class="_ _0"/>fit/loss for the year or taxable income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is measured accor<span class="_ _0"/>ding to the taxation rules and rates </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the respective countries applicable at the balance sheet date when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the deferred tax is expected to crystallise as the current tax. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets are r<span class="_ _0"/>ecognised at the value at which they are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be utilised, either through elimination against tax on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future earnings or set<span class="_ _75"/>-off against deferred tax liabilities within the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">same jurisdiction.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets and deferred tax liabilities ar<span class="_ _0"/>e offset if a legally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enforceable right exists to set o<span class="_ _0"/>ff current tax assets against current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax liabilities. The deferred taxes relate to the same taxable entity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and taxation authority<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is adjusted for the elimination o<span class="_ _0"/>f unrealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">intercompany gains and losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">OECD Pillar T<span class="_ _0"/>wo model rules</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is within the scope o<span class="_ _0"/>f the OECD Pillar T<span class="_ _0"/>wo model rules </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">also known as the Global Anti-Base Erosion (GloBE) Rules.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pillar T<span class="_ _75"/>wo legislation has been enacted in Denmark, the jurisdiction<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in which SGL Group is incorporated and came into effect on 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">January 2024. SGL Group applies the exception to recognising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and disclosing information about deferred tax assets and liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to Pillar T<span class="_ _75"/>wo income taxes, as provided in the amendments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to IAS 12 issued by IASB in May 2023.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Under the legislation, SGL Group is liable to pay a top-up tax for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the GloBE effective tax rate per jurisdiction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the 15% minimum rate. All SGL Group entities, besides our </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating companies in the UAE, which will be 9%, have an effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax rate that exceeds 15% in a normalised commercial cycle. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _4"/>, based on historical data analysis shows that individual<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entities can drop below the threshold in individual years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The calculated theoretical historic top-up tax, adjusted for one-o<span class="_ _0"/>ff </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">events, impact on the SGL Group effective tax rate is immaterial. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group management has assessed SGL<span class="_ _4"/>’<span class="_ _0"/>s exposure to the Pillar </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>wo legislation when it comes into effect. Combined with the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">complexities of applying the legislation and calculation o<span class="_ _0"/>f GloBE </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income, the quantitative impact of the enacted or substantively </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enacted legislation is not reasonably estimable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Therefore, even for those entities with an accounting effective tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate above 15%, there may still be Pillar T<span class="_ _75"/>wo tax implications. SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s tax specialists are working with colleagues across the value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">chain to define with application of the legislation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In accordance with IFRS 3, the acquisition method is applied when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accounting for business combinations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Acquirees are r<span class="_ _0"/>ecognised in the consolidated financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from the date o<span class="_ _0"/>f acquisition. The date of acquisition is the date when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL obtains control o<span class="_ _0"/>f the acquired activity<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assets, liabilities and contingent liabilities of the acquir<span class="_ _0"/>ee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measured at fair value at the acquisition date by applying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">appropriate valuation methods. Identifiable intangibles are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised if they are separable or arise fr<span class="_ _0"/>om a contractual right. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is recognised for identifiable tax benefits existing at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent considerations dep <span class="_ _2d"/>end <span class="_ _2d"/>ent on future events or the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of contractual obligations (earn-outs) are r<span class="_ _0"/>ecognised at<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value based on expected total future payments and form part of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the total consideration transferred. F<span class="_ _75"/>air value changes in contingent<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">considerations are recognised in the income statement until final </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">settlement. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The excess of the total consideration transferr<span class="_ _0"/>ed, the value of non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling interests and the fair value o<span class="_ _0"/>f any equity investments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">previously held in the acquiree over the total identifiable net assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at fair value are r<span class="_ _0"/>ecognised as goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ransaction costs inherent from the acquisition are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement when incurred.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.<span class="_ _182"/>1 MA<span class="_ _2d"/>TERIA<span class="_ _0"/>L A<span class="_ _75"/>CCOUN<span class="_ _0"/>T<span class="_ _0"/>ING P<span class="_ _2"/>OL<span class="_ _0"/>IC<span class="_ _2"/>IE<span class="_ _2"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Basis of presentation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 2024 Annual Repor<span class="_ _2"/>t of SGL Gr<span class="_ _0"/>oup has been prepared in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with the IFRS Accounting Standards as adopted by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">European Union and additional disclosure r<span class="_ _0"/>equirements applicable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to enterprises in accounting class D under the Danish Financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Statements Act.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Repor<span class="_ _2"/>t of SGL Gr<span class="_ _0"/>oup comprises the consolidated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements of SGL Gr<span class="_ _0"/>oup ApS and its subsidiaries. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements were authorised for issue by the Board o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Directors on 28 March 2025. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The accounting policies in the Annual Repor<span class="_ _2"/>t for 2024 follow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the same accounting policies as for the Annual Repor<span class="_ _2"/>t for 2023 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">except for any new<span class="_ _0"/>, amended or revised accounting standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations (IFRS) as described below<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Functional currency</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s consolidated financial statements are presented in Euro </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rounded to millions (EURm). For each entity<span class="_ _75"/>, SGL Group determines </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the functional currency and items included in the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements of each entity ar<span class="_ _0"/>e measured using that functional </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">currency<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Materiality in financial reporting</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Our focus is to present information that is consider<span class="_ _0"/>ed of material </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impor<span class="_ _2"/>tance for our stakeholders in a simple and structured</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">way<span class="_ _75"/>. Disclosures that IFRS requires ar<span class="_ _0"/>e included in the annual report,<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unless the information is considered o<span class="_ _0"/>f immaterial impor<span class="_ _2"/>tance to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">users of the annual report.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Consolidation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated financial statements comprise the parent, SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group ApS, and entities controlled by the par<span class="_ _0"/>ent. Control is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presumed to exist when SGL Group is exposed to or has rights to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">variable returns fr<span class="_ _0"/>om its involvement with the entity SGL Group can </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">affect those returns thr<span class="_ _0"/>ough its power to direct the entity’<span class="_ _75"/>s activities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Consolidated Annual Repor<span class="_ _2"/>t is prepar<span class="_ _0"/>ed based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial Statements of all gr<span class="_ _0"/>oup enterprises under SGL Group<span class="_ _75"/>’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accounting policies by combining accounting items of a uniform </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">nature. Elimination comprises intercompany income and expenses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unrealised intercompany pr<span class="_ _0"/>ofits and losses, balances and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shareholdings.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Comparative figures are not adjusted for newly acquir<span class="_ _0"/>ed, sold or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wound-up enterprises. Recently acquired or sold subsidiaries are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the consolidated income statement for the period the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">parent controls such entities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting items attributable to group companies are r<span class="_ _0"/>ecognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in full in the consolidated annual report. Non-controlling interests’ </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share o<span class="_ _0"/>f group companies’ pro<span class="_ _0"/>fit or loss for the year and equity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is recognised as separate items in the income statement and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of changes in equity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign currency translation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ransactions denominated in foreign currencies are translated into </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the functional currency using the exchange rate on the transaction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date. Receivables, payables and other monetar<span class="_ _2"/>y items denominated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in foreign currencies ar<span class="_ _0"/>e translated into the functional currency at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exchange rate at the balance sheet date realised and unrealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange gains and losses are recognised in the income statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as financial income and expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow statement</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flows from operating activities are pr<span class="_ _0"/>esented using the indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method and are made up o<span class="_ _0"/>f the result for the year<span class="_ _75"/>, adjusted for non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash operating items, changes in working capital, paid and</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received interests and paid income taxes.<span class="ffa ls5 ws6e"> C<span class="_ _0"/><span class="ff5 ls1 ws1">ash flows from investing </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities comprise cash flows from investments in group companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as well as intangible and tangible assets.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flows from financing activities comprise the changes in SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s debt and equity composition mainly related to bond debt, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">credit facilities and repayment o<span class="_ _0"/>f lease debt.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">iXBRL reporting<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL is required to pr<span class="_ _0"/>epare and file the annual report in the European </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Single Electronic Format (ESEF). The ESEF r<span class="_ _0"/>egulation entails that the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">annual report is drawn up and disclosed using the XHTML format </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and that primar<span class="_ _2"/>y statements and notes are block tagged using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">inline eXtensible Business Repor<span class="_ _2"/>ting Language (iXBRL). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The iXBRL tags comply with the ESEF taxonomy<span class="_ _75"/>, an extension to<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the taxonomy created. The annual report submitted to the Danish </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial Super<span class="_ _2"/>visor<span class="_ _2"/>y Authority consists of the XHTML, documents </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and specific technical files, all included in a ZIP file named SGL-2024-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">12-31-en.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">New accounting regulations adopted in 2024</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has implemented the latest IFRS Accounting Standards </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and amendments effective as of 1 J<span class="_ _0"/>anuar<span class="_ _2"/>y 2024 as adopted by<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the European Union. All amendments to the IFRS Accounting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Standards effective for the financial period have been implemented </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">where relevant as a basis for pr<span class="_ _0"/>eparing the consolidated financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements and notes to the statements. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The implementation of the amendments to IAS 1 for pr<span class="_ _0"/>esentation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of non-curr<span class="_ _0"/>ent liabilities with covenants have been applied as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of 1 J<span class="_ _0"/>anuar<span class="_ _2"/>y 2024. The impact from the implementation of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amendment did not have any material impact on the recognition or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presentation o<span class="_ _0"/>f the Group<span class="_ _75"/>’<span class="_ _0"/>s financial liabilities subject to covenants. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group<span class="_ _75"/>’<span class="_ _75"/>s covenants are described in note 4.2 in the section on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">how SGL Group manage liquidity risk.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">New accounting regulations not yet adopted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The IASB has issued a number of new standar<span class="_ _0"/>ds and amendments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not yet in effect or endorsed by the EU and therefore not r<span class="_ _0"/>elevant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for the preparation o<span class="_ _0"/>f the Annual Repor<span class="_ _2"/>t in 2024. SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">intends to adopt these new and amended accounting standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations if applicable, when they become mandatory<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The new or amended standards and interpretations ar<span class="_ _0"/>e currently </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not expected to carr<span class="_ _2"/>y any significant impact on the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements of the SGL Gr<span class="_ _0"/>oup when implemented.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is currently working to identify all impacts from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">implementing IFRS 18 will have on the primar<span class="_ _2"/>y financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and notes to the financial statements.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Basis of presentation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 2024 Annual Repor<span class="_ _2"/>t of SGL Gr<span class="_ _0"/>oup has been prepared in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with the IFRS Accounting Standards as adopted by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">European Union and additional disclosure r<span class="_ _0"/>equirements applicable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to enterprises in accounting class D under the Danish Financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Statements Act.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Repor<span class="_ _2"/>t of SGL Gr<span class="_ _0"/>oup comprises the consolidated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements of SGL Gr<span class="_ _0"/>oup ApS and its subsidiaries. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements were authorised for issue by the Board o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Directors on 28 March 2025. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The accounting policies in the Annual Repor<span class="_ _2"/>t for 2024 follow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the same accounting policies as for the Annual Repor<span class="_ _2"/>t for 2023 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">except for any new<span class="_ _0"/>, amended or revised accounting standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations (IFRS) as described below<span class="_ _75"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Basis of presentation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 2024 Annual Repor<span class="_ _2"/>t of SGL Gr<span class="_ _0"/>oup has been prepared in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with the IFRS Accounting Standards as adopted by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">European Union and additional disclosure r<span class="_ _0"/>equirements applicable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to enterprises in accounting class D under the Danish Financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Statements Act.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Repor<span class="_ _2"/>t of SGL Gr<span class="_ _0"/>oup comprises the consolidated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements of SGL Gr<span class="_ _0"/>oup ApS and its subsidiaries. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements were authorised for issue by the Board o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Directors on 28 March 2025. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The accounting policies in the Annual Repor<span class="_ _2"/>t for 2024 follow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the same accounting policies as for the Annual Repor<span class="_ _2"/>t for 2023 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">except for any new<span class="_ _0"/>, amended or revised accounting standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations (IFRS) as described below<span class="_ _75"/>.</span> ApS <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Functional currency</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s consolidated financial statements are presented in Euro </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rounded to millions (EURm). For each entity<span class="_ _75"/>, SGL Group determines </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the functional currency and items included in the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements of each entity ar<span class="_ _0"/>e measured using that functional </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">currency<span class="_ _75"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Consolidation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated financial statements comprise the parent, SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group ApS, and entities controlled by the par<span class="_ _0"/>ent. Control is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presumed to exist when SGL Group is exposed to or has rights to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">variable returns fr<span class="_ _0"/>om its involvement with the entity SGL Group can </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">affect those returns thr<span class="_ _0"/>ough its power to direct the entity’<span class="_ _75"/>s activities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Consolidated Annual Repor<span class="_ _2"/>t is prepar<span class="_ _0"/>ed based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial Statements of all gr<span class="_ _0"/>oup enterprises under SGL Group<span class="_ _75"/>’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accounting policies by combining accounting items of a uniform </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">nature. Elimination comprises intercompany income and expenses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unrealised intercompany pr<span class="_ _0"/>ofits and losses, balances and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shareholdings.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Comparative figures are not adjusted for newly acquir<span class="_ _0"/>ed, sold or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wound-up enterprises. Recently acquired or sold subsidiaries are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the consolidated income statement for the period the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">parent controls such entities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting items attributable to group companies are r<span class="_ _0"/>ecognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in full in the consolidated annual report. Non-controlling interests’ </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share o<span class="_ _0"/>f group companies’ pro<span class="_ _0"/>fit or loss for the year and equity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is recognised as separate items in the income statement and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of changes in equity<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign currency translation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ransactions denominated in foreign currencies are translated into </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the functional currency using the exchange rate on the transaction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date. Receivables, payables and other monetar<span class="_ _2"/>y items denominated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in foreign currencies ar<span class="_ _0"/>e translated into the functional currency at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exchange rate at the balance sheet date realised and unrealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange gains and losses are recognised in the income statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as financial income and expenses.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow statement</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flows from operating activities are pr<span class="_ _0"/>esented using the indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method and are made up o<span class="_ _0"/>f the result for the year<span class="_ _75"/>, adjusted for non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash operating items, changes in working capital, paid and</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received interests and paid income taxes.<span class="ffa ls5 ws6e"> C<span class="_ _0"/><span class="ff5 ls1 ws1">ash flows from investing </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities comprise cash flows from investments in group companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as well as intangible and tangible assets.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flows from financing activities comprise the changes in SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s debt and equity composition mainly related to bond debt, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">credit facilities and repayment o<span class="_ _0"/>f lease debt.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Alternative Performance Measures (APM)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>o describe our financial performance and position, SGL discloses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">specific financial measures not defined according to IFRS thr<span class="_ _0"/>oughout </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Annual Repor<span class="_ _2"/>t to describe our financial performance and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position. The most commonly used APMs are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span>EBIT<span class="ws1">DA befor<span class="_ _0"/>e special ite<span class="ws4">ms</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">Operating pro<span class="_ _0"/>fit (EBIT) before special items</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">Net interest<span class="_ _75"/>-bearing debt (NIBD)</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">Net working capital</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">We disclose the alternative performance measures (APM) as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">they are essential in managing our business and achieving our </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strategic goals. They ultimately provide valuable information to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our stakeholders and management for evaluating and analysing </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our performance. The financial measures should not be considered </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as a replacement for performance measures defined under IFRS </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">but rather as supplementar<span class="_ _2"/>y information. The APMs are non-IFRS </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial measures defined and calculated by SGL Group and thus </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">may not be comparable with measures provided by peers or other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">companies. Refer to note 2.5 for fur<span class="_ _2"/>ther disclosure o<span class="_ _0"/>f Special Items. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Our definitions of the financial measur<span class="_ _0"/>es are included in note 6.5. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In Management’<span class="_ _75"/>s review<span class="_ _0"/>, we disclose figures referr<span class="_ _0"/>ed to as pro </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forma numbers. Pro forma numbers include performance prior to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group ApS’ acquisition o<span class="_ _0"/>f the combined group of companies in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Scan Global Logistics Group formerly r<span class="_ _0"/>epor<span class="_ _2"/>ted under the SGL<span class="_ _0"/>T </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Holding parent company<span class="_ _75"/>. The pro forma numbers will be used to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">compare our performance and show the development on a like-for<span class="_ _75"/>-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">like basis.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.<span class="_ _2"/>2<span class="_ _2"/> S<span class="_ _2"/>IGNIF<span class="_ _2"/>ICAN<span class="_ _75"/>T<span class="_ _2"/> A<span class="_ _4"/>CCOUNT<span class="_ _75"/>ING<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">E<span class="_ _1"/>STI<span class="_ _2"/>M<span class="_ _2"/>A<span class="_ _182"/>TE<span class="_ _1"/>S<span class="_ _1"/> AND<span class="_ _1"/> J<span class="_ _2"/>U<span class="_ _2"/>D<span class="_ _2"/>G<span class="_ _1"/>E<span class="_ _1"/>M<span class="_ _2"/>E<span class="_ _1"/>NT<span class="_ _2"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The preparation o<span class="_ _0"/>f SGL Group<span class="_ _75"/>’<span class="_ _0"/>s consolidated financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">requires Management to make judgements, estimates and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions that affect the reported revenues, expenses, assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and liabilities, the accompanying disclosures, and the disclosure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of contingent liabilities. Uncertainty about these assumptions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and estimates could result in outcomes that requir<span class="_ _0"/>e a material </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment to the carr<span class="_ _2"/>ying amount of assets or liabilities affected in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future periods.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The accounting estimates and judgements deemed significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by Management for the preparation and understanding of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated financial statements are listed below<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue recognition</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from service is recognised with reference to the stage </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of completion, determined as the time elapsed at the r<span class="_ _0"/>epor<span class="_ _2"/>ting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date and the total expected time to render the service contracts.<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Consequently<span class="_ _75"/>, judgement is applied when determining the stage of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">completion for shipments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Although Management believes the assumptions made to measure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue and contract assets are appr<span class="_ _0"/>opriate, possible unforeseeable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">changes in these assumptions may result in revenue and contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets changes in subsequent periods. Refer to note 2.2 for more </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">details.<span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">V<span class="_ _75"/>aluation of goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill is not subject to amor<span class="_ _2"/>tisation but is tested annually for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment. Assessing expected future cash flows and setting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discount rates involves estimating based on approved forecasts and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">market data. Estimates are applied when estimating the value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill. Refer to note 3.1 for more details.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon acquisition of companies, the acquir<span class="_ _0"/>ed company’<span class="_ _0"/>s identifiable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets, liabilities and contingent liabilities must be recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">using the acquisition method at fair value. Estimates are applied </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when estimating the fair value of the goodwill, customer r<span class="_ _0"/>elations, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">trademarks, other intangibles and receivables for the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">companies. Contingent consideration is measured at fair value and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">any subsequent changes to contingent consideration are recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement within operating pro<span class="_ _0"/>fit. Refer to note 6.1 for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">more details.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Climate-related risks </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management continuously monitors climate-related risks. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">climate-related risks have been assessed where deemed that they </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">may impact the reported amounts in preparing the consolidated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements. Management has assessed that climate-related </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">risks did not significantly impact our estimates and judgements. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Fur<span class="_ _2"/>ther<span class="_ _4"/>, SGL is an asset<span class="_ _0"/>-light business, so Management assesses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that climate changes have no significant impact on impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of assets, and neither ar<span class="_ _0"/>e climate changes expected to have a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significant impact on the Group<span class="_ _75"/>’<span class="_ _75"/>s going concern assessment. Refer<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the description of climate-r<span class="_ _0"/>elated risks and oppor<span class="_ _2"/>tunities in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sustainability section on page 38.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services is recognised with reference to the stage o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">completion determined as the time elapsed at the reporting date </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the total expected time to render the service contracts.<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Consequently<span class="_ _75"/>, judgements are applied when determining the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stage of completion for shipments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Although Management believes the assumptions made to measure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue and contract assets are appr<span class="_ _0"/>opriate, possible unforeseeable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">changes in these assumptions may result in revenue and contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets changes in subsequent periods.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of goodwill is tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The tests are conducted for each cash-generating unit (C<span class="_ _0"/>GU) to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which the goodwill is allocated. As goodwill is allocated to SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s activity, it follows the structur<span class="_ _0"/>e of the segment information </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment is determined for goodwill by assessing the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount o<span class="_ _0"/>f each CGU to which the goodwill relates. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When the recoverable amount o<span class="_ _0"/>f the CGU is less than its carr<span class="_ _2"/>ying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, an impairment loss is recognised. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In assessing the recoverable amount, the estimated future cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows are discounted to their present value using a pr<span class="_ _0"/>e-tax discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate. The discount rate used in the impairment test is the weighted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">average cost of capital (W<span class="_ _75"/>ACC), which comprises curr<span class="_ _0"/>ent market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions for the cost of equity and cost o<span class="_ _0"/>f debt. The discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate is calculated for each CGU and r<span class="_ _0"/>eflects the related risks, such as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">geographical and financial exposure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In connection with the impairment tests, Management estimates, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">e.g., revenue development, gross pr<span class="_ _0"/>ofit, operating margin, W<span class="_ _75"/>ACC </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and growth rate in the terminal period. The estimates ar<span class="_ _0"/>e made<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per business segment and are determined based on historical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">experience and assumptions about the future development within </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">each segment, including the expected long-term average market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Estimates are made in assessing the useful lives o<span class="_ _0"/>f items of property<span class="_ _0"/>, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment that determine the period over which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the depreciable amount o<span class="_ _0"/>f the asset is expensed to the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement. The depreciable amount o<span class="_ _0"/>f an item of property<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment is a function of the asset’<span class="_ _75"/>s cost or carr<span class="_ _2"/>ying amount and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">its residual value. Estimates are made to assess the amount that SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group can recover at the end o<span class="_ _0"/>f the useful life of an asset. An annual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">review is performed to assess the appropriateness o<span class="_ _0"/>f the depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method, useful life and residual values o<span class="_ _0"/>f items of property<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets are r<span class="_ _0"/>ecognised for unused tax losses to the extent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that it is probable that taxable pro<span class="_ _0"/>fit will be available against which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the losses can be utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Significant Management judgement is required to deter<span class="_ _0"/>mine the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of deferr<span class="_ _0"/>ed tax assets that can be recognised, based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the likely timing and level of futur<span class="_ _0"/>e taxable profits and futur<span class="_ _0"/>e tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">planning strategies.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of deferred tax assets is r<span class="_ _0"/>eviewed at each </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date. Subsequently<span class="_ _0"/>, it is reduced to the extent that it is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no longer probable that sufficient taxable pro<span class="_ _0"/>fit will be available to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allow all or par<span class="_ _2"/>t of the deferr<span class="_ _0"/>ed tax asset to be utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Unrecognised deferred tax assets ar<span class="_ _0"/>e reassessed at each reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date and recognised to the extent that it has become probable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that future taxable pro<span class="_ _0"/>fits will allow the deferred tax assets to be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recovered.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets, recognition and measurement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">uncer<span class="_ _2"/>tainties<span class="ff4 fc2d ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Recognition of deferr<span class="_ _0"/>ed tax assets is dependent on whether such </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets can be utilised against future earnings within a period o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3-5 years. Therefore, the uncertainty about the recognition and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measurement o<span class="_ _0"/>f the deferred tax asset depends on whether the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future earnings can be r<span class="_ _0"/>ealised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets have been recognised to the extent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management expects to utilise these within a period of 5 years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The majority of deferr<span class="_ _0"/>ed tax assets related to tax losses for foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entities have not been recognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _75"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When applying the acquisition method of accounting, management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">judgements and estimates are an integral part of assessing fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">values of several assets and liabilities, as observable market prices<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are typically unavailable. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">It typically relates to determining the pr<span class="_ _0"/>esent value of future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">uncer<span class="_ _2"/>tain cash flows or assessing other events in which the outcome </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is uncer<span class="_ _2"/>tain at the date of acquisition. Management judgements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and estimates are typically applied in the valuation techniques </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for customer relationships and trademarks in determining the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">present value o<span class="_ _0"/>f future uncer<span class="_ _2"/>tain cash flows as well as the applied </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounting rate.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent liabilities comprise a possible obligation arising from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">past events. The obligation will be confirmed only by the occurrence </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or non-occurrence o<span class="_ _0"/>f one or more uncer<span class="_ _2"/>tain future events not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wholly within the entity’<span class="_ _75"/>s control. Or by a present obligation that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">arises from past events but is not recognised because it is not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable that an outflow o<span class="_ _0"/>f resources embodying economic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits will be required to settle the obligation or the amount o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation cannot be measured with sufficient reliability<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.<span class="_ _37"/>1 SE<span class="_ _2"/>GME<span class="_ _2"/>N<span class="_ _0"/>T INFORM<span class="_ _75"/>A<span class="_ _2d"/>TION</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:283.5625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 42.123px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 452.594px; top: 8.74805px; width: 353.977px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AIR &amp; OCEAN</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 66.504px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROAD</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOL</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">UTIONS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">O</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span></span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 18.0078px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 47.7734px; width: 799.453px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net revenue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 402.229px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,133</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">230</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,383</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 70.6387px; width: 799.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost of operation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 372.762px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1,675)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(180)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.633px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1,867)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 93.5859px; width: 799.107px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross profit</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 414.353px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">458 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">50 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">516</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 116.451px; width: 799.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other external expenses and staff cost</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(268)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(47)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(321)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 139.398px; width: 277.471px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earnings before Interest, T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax, Depreciation, </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 495.594px; top: 147.648px; width: 308.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">190</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">195</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 155.898px; width: 255.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation (EBITDA) and special items</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 178.764px; width: 799.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 597.604px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(83)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 201.711px; width: 799.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating result (EBIT) before special items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 506.591px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">112</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 224.592px; width: 802.529px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Special items, net</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 677.231px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(41) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 247.498px; width: 799.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial Items, net</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 659.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(108)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 270.445px; width: 799.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Result before tax </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 663.825px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:283.5625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 42.123px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 451.5px; top: 8.74805px; width: 353.977px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AIR &amp; OCEAN</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 66.504px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROAD</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOL</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">UTIONS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">O</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span></span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 18.0078px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 47.7734px; width: 799.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net revenue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 412.001px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">967</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">175</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,162</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 70.6387px; width: 799.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost of operation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 382.665px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(741)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(141)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(11)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(893)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 93.5859px; width: 802.494px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross profit</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 414.353px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">226 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">269 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 116.451px; width: 799.383px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other external expenses and staff cost</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 263.121px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(133)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(27)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2031px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(167)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 139.398px; width: 277.471px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earnings before Interest, T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax, Depreciation, </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 501.453px; top: 147.648px; width: 302.379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">93</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">102</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 155.898px; width: 255.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation (EBITDA) and special items</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 178.764px; width: 799.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 597.604px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(42)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 201.711px; width: 799.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating result (EBIT) before special items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 510.544px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">60</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 224.592px; width: 802.523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Special items, net</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 675.51px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 247.498px; width: 799.365px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial Items, net</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 664.774px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(65)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 270.445px; width: 799.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Result before tax </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 663.825px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s repor<span class="_ _2"/>table segments are determined based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operational and management structure o<span class="_ _0"/>f the group and reflect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the types of services SGL Group provides. The segment reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is prepared in line with the SGL Gr<span class="_ _0"/>oup<span class="_ _75"/>’<span class="_ _0"/>s internal management and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting structure and comprise the 3 segments: Air &amp; Ocean, Road </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Solutions.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The business segments are measured and r<span class="_ _0"/>epor<span class="_ _2"/>ted down to EBITDA </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">before special items, which aligns with reporting to management. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Segment performance is measured consistently with the profit or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loss in the consolidated income statement.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Geographical information on significant countries</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The geographical information of SGL Gr<span class="_ _0"/>oups’ net revenue and non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">current assets is disclosed for countries that individually constitute </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">more than 5% o<span class="_ _0"/>f the Group<span class="_ _75"/>’<span class="_ _0"/>s net revenue. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The split of r<span class="_ _0"/>evenue and non-current assets is based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">geographical location from which the sales transaction originates </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the physical location of the assets.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, Denmark is the countr<span class="_ _2"/>y where the Par<span class="_ _0"/>ent company of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group is register<span class="_ _0"/>ed and where SGL<span class="_ _75"/>’<span class="_ _75"/>s headquar<span class="_ _2"/>ter is located.<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to CVC’<span class="_ _4"/>s acquisition of SGL Group in May 2023, intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets were not allocated on country level by the time of the Annual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Repor<span class="_ _2"/>t 2023. Subsequently<span class="_ _75"/>, the allocation of intangible assets has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been made, and therefore non-curr<span class="_ _0"/>ent assets less deferred tax assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for 2023 have been updated. Previously<span class="_ _75"/>, intangible assets were </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allocated under ‘Other countries’<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:218.103515625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 258.859px; top: 0.0136718px; width: 115.26px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NON-CURRENT ASSETS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 141.156px; top: 10.5137px; width: 67.6758px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NET REVENUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 266.375px; top: 10.5137px; width: 98.584px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LESS DEFERRED T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 13.3359px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 297.266px; top: 21.0137px; width: 35.3848px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 134.312px; top: 49.3359px; width: 244.816px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 36.0469px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 67.5137px; width: 374.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">683</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">374</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">410</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">414</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 90.4199px; width: 374.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">USA</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">299</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0156px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">365</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">333</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 113.326px; width: 374.268px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Greater China</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">203</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">77 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">191</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">184</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 136.232px; width: 373.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 95.6719px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0373px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.633px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">74</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 159.139px; width: 374.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">119</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">49</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">71</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0373px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">72</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 182.045px; width: 373.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other countries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">768</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">288</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">573</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0156px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">439</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 204.992px; width: 374.221px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 95.6719px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,383</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.0723px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,162</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.5625px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,680</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,516</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business segments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The operations are organised into thr<span class="_ _0"/>ee reportable segments (Air &amp;<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ocean, Road and Solutions) which form the segment reporting.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The core business o<span class="_ _0"/>f SGL Group is within the Air &amp; Ocean segment. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In contrast, the Road and Solutions activities are smaller in a Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">context and are primarily within a limited geographic area (Eur<span class="_ _0"/>ope </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Nor<span class="_ _2"/>th America). The specific project business o<span class="_ _0"/>f SGL Group is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">also reported within the Air &amp; Ocean segment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Segment information</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The segment information is based on SGL Group<span class="_ _75"/>’<span class="_ _75"/>s operational and<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management structure and reflects the types o<span class="_ _0"/>f ser<span class="_ _2"/>vices SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">provides. The segment reporting is prepared in line with the SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s internal management and repor<span class="_ _2"/>ting structure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean ser<span class="_ _2"/>vices comprise air<span class="_ _75"/>- and ocean freight logistics </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">facilitating transpor<span class="_ _2"/>tation of goods globally<span class="_ _4"/>. This includes<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">special projects departments (Aid &amp; Relief transpor<span class="_ _2"/>ts, special </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transpor<span class="_ _2"/>tations of cars, handling on- &amp; o<span class="_ _0"/>ffshore transpor<span class="_ _2"/>tation, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expedited critical moves, vessel- &amp; specialised tonnage char<span class="_ _2"/>ter and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">barge services, heavy lif<span class="_ _2"/>t and crane installation, por<span class="_ _2"/>t ser<span class="_ _2"/>vices, onsite<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">inspection as well as inland- and final mile haulage etc.). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A typical Air or Ocean shipment would include ser<span class="_ _2"/>vices rendered </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at origin, such as pick<span class="_ _75"/>-up and deliver<span class="_ _2"/>y to por<span class="_ _2"/>t, freight ser<span class="_ _2"/>vices from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">origin to destination por<span class="_ _2"/>t and destination ser<span class="_ _2"/>vices, such as customs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">clearance and final deliver<span class="_ _2"/>y<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road ser<span class="_ _2"/>vices comprise road freight logistics facilitating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transpor<span class="_ _2"/>tation of goods by r<span class="_ _0"/>oad networks within Europe and Nor<span class="_ _2"/>th </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">America.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For Solutions, the ser<span class="_ _2"/>vices performed are related to customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts for warehouse and distribution activities, whereby services </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed are storage, handling and distribution.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business segments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The operations are organised into thr<span class="_ _0"/>ee reportable segments (Air &amp;<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ocean, Road and Solutions) which form the segment reporting.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The core business o<span class="_ _0"/>f SGL Group is within the Air &amp; Ocean segment. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In contrast, the Road and Solutions activities are smaller in a Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">context and are primarily within a limited geographic area (Eur<span class="_ _0"/>ope </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Nor<span class="_ _2"/>th America). The specific project business o<span class="_ _0"/>f SGL Group is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">also reported within the Air &amp; Ocean segment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Segment information</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The segment information is based on SGL Group<span class="_ _75"/>’<span class="_ _75"/>s operational and<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management structure and reflects the types o<span class="_ _0"/>f ser<span class="_ _2"/>vices SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">provides. The segment reporting is prepared in line with the SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s internal management and repor<span class="_ _2"/>ting structure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean ser<span class="_ _2"/>vices comprise air<span class="_ _75"/>- and ocean freight logistics </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">facilitating transpor<span class="_ _2"/>tation of goods globally<span class="_ _4"/>. This includes<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">special projects departments (Aid &amp; Relief transpor<span class="_ _2"/>ts, special </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transpor<span class="_ _2"/>tations of cars, handling on- &amp; o<span class="_ _0"/>ffshore transpor<span class="_ _2"/>tation, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expedited critical moves, vessel- &amp; specialised tonnage char<span class="_ _2"/>ter and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">barge services, heavy lif<span class="_ _2"/>t and crane installation, por<span class="_ _2"/>t ser<span class="_ _2"/>vices, onsite<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">inspection as well as inland- and final mile haulage etc.). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A typical Air or Ocean shipment would include ser<span class="_ _2"/>vices rendered </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at origin, such as pick<span class="_ _75"/>-up and deliver<span class="_ _2"/>y to por<span class="_ _2"/>t, freight ser<span class="_ _2"/>vices from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">origin to destination por<span class="_ _2"/>t and destination ser<span class="_ _2"/>vices, such as customs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">clearance and final deliver<span class="_ _2"/>y<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road ser<span class="_ _2"/>vices comprise road freight logistics facilitating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transpor<span class="_ _2"/>tation of goods by r<span class="_ _0"/>oad networks within Europe and Nor<span class="_ _2"/>th </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">America.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions ser<span class="_ _2"/>vices</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For Solutions, the ser<span class="_ _2"/>vices performed are related to customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts for warehouse and distribution activities, whereby services </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed are storage, handling and distribution.</span> worldwide. <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.<span class="_ _1"/>2 REVENUE</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:123.140625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 267.344px; top: 0.0078125px; width: 872.941px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EMEA</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 240.627px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-1" style="word-spacing: 0.9045px; letter-spacing: -0.9045px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A</span><span style="word-spacing: 0.9045px; letter-spacing: -0.9045px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">PA</span><span style="word-spacing: 0.9045px; letter-spacing: -0.9045px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 0.9045px; letter-spacing: -0.9045px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span><span style="word-spacing: 0.9045px; letter-spacing: -0.9045px; display: inline-block; margin-left: 0px; width: 221.338px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">AMERICAS</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 221.338px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-1" style="word-spacing: 0.5805px; letter-spacing: -0.5805px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TOTAL</span></span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 18.0078px; width: 1251.57px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 208.477px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 107.162px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 107.162px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 107.162px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.85938px; top: 46.2012px; width: 1245.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.98px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,326</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">613</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">401</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">158</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">406</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">196</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,133</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.398px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">967</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.85938px; top: 67.4512px; width: 1245.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 230.215px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.588px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">58</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.553px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.553px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">149</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">117</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">230</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">175</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.85938px; top: 88.7168px; width: 1245.38px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 204.522px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.553px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.553px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 131.69px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 131.016px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.588px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.207px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 110.023px; width: 1247.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.523px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,427</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">683</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.398px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">401</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.398px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">158</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">555</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.398px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">321</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,383</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,162</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Primar<span class="_ _2"/>y Geographical markets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has operations in more than 55 countries worldwide. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operations are divided into three primary geographical regions:<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">EMEA: Europe, Middle East and Africa</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">AP<span class="_ _4"/>AC: Asia and the Pacific </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">Americas: Nor<span class="_ _2"/>th- and South America</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue is allocated to the geographical areas based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">geographical location of the individual entity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s revenue solely comprises the sale of freight forwarding </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices. The revenue from the services provided is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as the ser<span class="_ _2"/>vice is delivered, as the customers are considered to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">simultaneously receive and consume the freight forwarding ser<span class="_ _2"/>vice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Major customers</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">No single customer represents mor<span class="_ _0"/>e than 10% of SGL Group<span class="_ _4"/>’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">total revenue, hence, SGL<span class="_ _4"/>’<span class="_ _0"/>s business does not rely on any major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customers.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services is recognised with reference to the stage o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">completion determined as the time elapsed at the reporting date </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the total expected time to render the service contracts.<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Consequently<span class="_ _75"/>, judgements are applied when determining the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stage of completion for shipments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Although Management believes the assumptions made to measure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue and contract assets are appr<span class="_ _0"/>opriate, possible unforeseeable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">changes in these assumptions may result in revenue and contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets changes in subsequent periods.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from freight forwarding ser<span class="_ _2"/>vices is recognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with the over<span class="_ _4"/>-time recognition principle. Most freight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices and related ser<span class="_ _2"/>vices are characterised by short </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">deliver<span class="_ _2"/>y times, except for ocean ser<span class="_ _2"/>vices, which usually take longer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">due to the nature o<span class="_ _0"/>f the transpor<span class="_ _2"/>t ser<span class="_ _2"/>vice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue comprises freight forwarding ser<span class="_ _2"/>vices, contract logistics<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and other related services delivered in the year<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services delivered is recognised in accordance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the over<span class="_ _75"/>-time recognition principles following the satisfaction of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">various milestones as the performance obligation is fulfilled towards </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customer<span class="_ _4"/>. The primar<span class="_ _1"/>y services comprise Air<span class="_ _75"/>, Ocean, Road and<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions ser<span class="_ _2"/>vices, described in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue generated within the Air &amp; Ocean and Road activities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">typically comprises ser<span class="_ _2"/>vices such as pick<span class="_ _75"/>-up, deliver<span class="_ _2"/>y to por<span class="_ _2"/>t, freight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and destination ser<span class="_ _2"/>vices e.g., customs clearance. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These ser<span class="_ _2"/>vices are considered to r<span class="_ _0"/>epresent one single performance<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation satisfied over time. Measurement o<span class="_ _0"/>f the fulfillment of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the performance obligation is based on the status of the shipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by carriers. Revenue from Solutions activities is mainly related to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts comprising warehousing and distribution services. These<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices represent a series o<span class="_ _0"/>f distinct ser<span class="_ _2"/>vices, considered to be one </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">single performance obligation. Revenue is recognised as the ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are render<span class="_ _0"/>ed.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets are recor<span class="_ _0"/>ded for unbilled work in progress, wher<span class="_ _0"/>eas </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts received for not yet completed services are presented as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contract liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services delivered is measured at fair value net of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">V<span class="_ _75"/>A<span class="_ _75"/>T<span class="_ _0"/>, all types of discounts/rebates granted, and net o<span class="_ _0"/>f other indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">taxes charged on behalf o<span class="_ _0"/>f third par<span class="_ _2"/>ties.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from freight forwarding ser<span class="_ _2"/>vices is recognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with the over<span class="_ _4"/>-time recognition principle. Most freight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices and related ser<span class="_ _2"/>vices are characterised by short </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">deliver<span class="_ _2"/>y times, except for ocean ser<span class="_ _2"/>vices, which usually take longer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">due to the nature o<span class="_ _0"/>f the transpor<span class="_ _2"/>t ser<span class="_ _2"/>vice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue comprises freight forwarding ser<span class="_ _2"/>vices, contract logistics<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and other related services delivered in the year<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services delivered is recognised in accordance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the over<span class="_ _75"/>-time recognition principles following the satisfaction of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">various milestones as the performance obligation is fulfilled towards </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customer<span class="_ _4"/>. The primar<span class="_ _1"/>y services comprise Air<span class="_ _75"/>, Ocean, Road and<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions ser<span class="_ _2"/>vices, described in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue generated within the Air &amp; Ocean and Road activities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">typically comprises ser<span class="_ _2"/>vices such as pick<span class="_ _75"/>-up, deliver<span class="_ _2"/>y to por<span class="_ _2"/>t, freight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and destination ser<span class="_ _2"/>vices e.g., customs clearance. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These ser<span class="_ _2"/>vices are considered to r<span class="_ _0"/>epresent one single performance<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation satisfied over time. Measurement o<span class="_ _0"/>f the fulfillment of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the performance obligation is based on the status of the shipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by carriers. Revenue from Solutions activities is mainly related to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts comprising warehousing and distribution services. These<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices represent a series o<span class="_ _0"/>f distinct ser<span class="_ _2"/>vices, considered to be one </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">single performance obligation. Revenue is recognised as the ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are render<span class="_ _0"/>ed.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets are recor<span class="_ _0"/>ded for unbilled work in progress, wher<span class="_ _0"/>eas </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts received for not yet completed services are presented as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contract liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services delivered is measured at fair value net of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">V<span class="_ _75"/>A<span class="_ _75"/>T<span class="_ _0"/>, all types of discounts/rebates granted, and net o<span class="_ _0"/>f other indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">taxes charged on behalf o<span class="_ _0"/>f third par<span class="_ _2"/>ties.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from freight forwarding ser<span class="_ _2"/>vices is recognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with the over<span class="_ _4"/>-time recognition principle. Most freight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices and related ser<span class="_ _2"/>vices are characterised by short </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">deliver<span class="_ _2"/>y times, except for ocean ser<span class="_ _2"/>vices, which usually take longer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">due to the nature o<span class="_ _0"/>f the transpor<span class="_ _2"/>t ser<span class="_ _2"/>vice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue comprises freight forwarding ser<span class="_ _2"/>vices, contract logistics<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and other related services delivered in the year<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services delivered is recognised in accordance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the over<span class="_ _75"/>-time recognition principles following the satisfaction of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">various milestones as the performance obligation is fulfilled towards </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customer<span class="_ _4"/>. The primar<span class="_ _1"/>y services comprise Air<span class="_ _75"/>, Ocean, Road and<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions ser<span class="_ _2"/>vices, described in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue generated within the Air &amp; Ocean and Road activities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">typically comprises ser<span class="_ _2"/>vices such as pick<span class="_ _75"/>-up, deliver<span class="_ _2"/>y to por<span class="_ _2"/>t, freight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and destination ser<span class="_ _2"/>vices e.g., customs clearance. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These ser<span class="_ _2"/>vices are considered to r<span class="_ _0"/>epresent one single performance<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation satisfied over time. Measurement o<span class="_ _0"/>f the fulfillment of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the performance obligation is based on the status of the shipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by carriers. Revenue from Solutions activities is mainly related to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts comprising warehousing and distribution services. These<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices represent a series o<span class="_ _0"/>f distinct ser<span class="_ _2"/>vices, considered to be one </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">single performance obligation. Revenue is recognised as the ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are render<span class="_ _0"/>ed.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets are recor<span class="_ _0"/>ded for unbilled work in progress, wher<span class="_ _0"/>eas </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts received for not yet completed services are presented as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contract liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from services delivered is measured at fair value net of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">V<span class="_ _75"/>A<span class="_ _75"/>T<span class="_ _0"/>, all types of discounts/rebates granted, and net o<span class="_ _0"/>f other indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">taxes charged on behalf o<span class="_ _0"/>f third par<span class="_ _2"/>ties.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.3<span class="_ _2"/> COS<span class="_ _0"/>T OF<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">OP<span class="_ _0"/>E<span class="_ _2"/>R<span class="_ _1"/>A<span class="_ _2d"/>T<span class="_ _75"/>ION</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:121.25px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.574px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 38.2852px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 22.873px; width: 203.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost related to provision o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f freight </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 39.373px; width: 374.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,831</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">874</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 62.2793px; width: 374.045px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 85.1855px; width: 374.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other operation costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 108.133px; width: 373.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal cost of operation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,867</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">893</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cost of operation comprises costs incurr<span class="_ _0"/>ed to generate the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue for the year<span class="_ _4"/>. The cost of operations includes the settlement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with shipping companies, airlines and haulage contractors, etc., </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and wages and salaries relating to own staff used to fulfill customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2<span class="_ _2"/>.<span class="_ _1"/>4 ST<span class="_ _182"/>AFF C<span class="_ _2"/>OST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries and related costs to employees o<span class="_ _0"/>f SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group. Expenses related to temporary staff are generally included as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wages and salaries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in both staff costs and average number o<span class="_ _0"/>f full-time </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">employees is primarily due to the acquisition of SGL Gr<span class="_ _0"/>oup in May </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2023, resulting in the comparative figures for 2023 only comprising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">7 months of operational activity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:225.630859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.135px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 36.0469px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 53.5254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Staff cost</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 373.893px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.891px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">227</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">123</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.83px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other social security costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.205px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.5409px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.539px; width: 374.045px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal gross staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.645px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">268</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">143</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransferred to cost of operation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 99.5685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(20)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(9)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 373.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransferred to special items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">236</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">127</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 212.514px; width: 374.215px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average number o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f full-time employees</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4,097</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,072*</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">* 2023 Average number o<span class="_ _0"/>f FTEs is restated, previously reported as 3,075. The average calculation only included 7 months, due to the acquisition of the SGL Group. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _75"/>, the acquirer was established in November 2022, therefor<span class="_ _0"/>e, a new average has been calculated with 0 FTEs from Januar<span class="_ _2"/>y to May and reported figures from June to December<span class="_ _4"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The key management personnel of SGL Group comprise members </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the GL<span class="_ _75"/>T<span class="_ _75"/>, including Executive Management. Members of the GL<span class="_ _75"/>T<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have the authority and responsibility for planning, directing and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling the activities o<span class="_ _0"/>f SGL Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The members of the GL<span class="_ _75"/>T are included in an annual cash bonus </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">scheme. Bonuses are determined on the basis o<span class="_ _0"/>f financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of SGL Group and recognised as wages and salaries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:224.625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 246.547px; top: 0.0136718px; width: 64.0259px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GL</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.935169px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T MEMBERS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 22.1641px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 178.922px; top: 21.7793px; width: 49.5638px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BOARD OF </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 242.531px; top: 21.7793px; width: 51.3156px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EXECUTIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.375px; top: 21.7793px; width: 51.5528px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER GL</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 178.922px; top: 32.2793px; width: 50.3616px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DIRECT</span><span style="word-spacing: 0.0965941px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 242.531px; top: 32.2793px; width: 69.1791px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MANAGEMENT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.375px; top: 32.2793px; width: 45.6127px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEMBERS</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 52.8887px; width: 373.787px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.3029px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 75.7949px; width: 373.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.17188px; top: 98.7422px; width: 375.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.9</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 142.789px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 165.654px; width: 373.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 188.561px; width: 373.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.17188px; top: 211.508px; width: 375.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.895px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.5741px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3.0</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries, wages, pensions, social security costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and cash bonuses, except staff costs recognised under costs o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operation and special items. Staff costs are recognised in the year </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s employees per<span class="_ _2"/>formed the related work.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ermination benefits are expensed when an agr<span class="_ _0"/>eement has been<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reached between the Group and the employee and when no further </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vice is performed by the employee.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.<span class="_ _2"/>5 SPECIA<span class="_ _75"/>L I<span class="_ _75"/>TEMS, NET</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, the M&amp;A costs primarily relate to the acquisitions o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foppiani Shipping &amp; Logistics Group and the acquisition o<span class="_ _0"/>f Blu </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Logistics Brasil T<span class="_ _4"/>ranspor<span class="_ _2"/>tes Internacionais L<span class="_ _0"/>TDA. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Greenfield activities during the year primarily relate to establishing </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Saudi Arabia, Colombia and Slovakia.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restructuring costs are driven by restructuring initiatives mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">within Nor<span class="_ _2"/>th America.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:99.65625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 379.002px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 235.676px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 24.1855px; width: 232.629px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">M&amp;A activities, greenfield activities and </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.93865px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 40.6855px; width: 374.572px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">other transaction-specific costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(17)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(27)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 63.5918px; width: 374.883px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Restructuring and other costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(24)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 86.5391px; width: 377.01px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.768px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(41)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:364.1875px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 510.547px; top: 0.0078125px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 776.719px; top: 0.0078125px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.969px; top: 17.6699px; width: 43.5996px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOME </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 406.766px; top: 17.6699px; width: 39.5625px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SPECIAL</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 492.375px; top: 17.6699px; width: 54.1113px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ADJUSTED </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.656px; top: 17.6699px; width: 43.5996px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOME </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 674.562px; top: 17.6699px; width: 42.0176px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SPECIAL </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 756.922px; top: 17.6699px; width: 54.1113px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ADJUSTED </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 304.406px; top: 28.1699px; width: 58.418px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TEMENT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 416.078px; top: 28.1699px; width: 30.2227px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ITEMS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 501.453px; top: 28.1699px; width: 43.5996px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOME </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 573.094px; top: 28.1699px; width: 58.418px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TEMENT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 683.109px; top: 28.1699px; width: 30.3281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">I</span><span class="pp-font-color-override-2" style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TEMS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 767.656px; top: 28.1699px; width: 43.5996px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOME </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 484.688px; top: 38.6699px; width: 58.418px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TEMENT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 749.984px; top: 38.6699px; width: 58.418px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TEMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 59.6543px; width: 538.523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Revenue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,383</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,383</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 604.641px; top: 59.6543px; width: 203.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,162</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,162</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 82.5605px; width: 538.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost of operation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.859px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1,867)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1,867)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 603px; top: 82.5605px; width: 205.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(893)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(894)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 105.508px; width: 542.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross profit</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 262.565px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">516 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.7188px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">516 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 606.422px; top: 105.508px; width: 205.611px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> 269 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">268 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 128.373px; width: 538.559px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other external expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 195.188px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(85)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(29)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(114) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 609.641px; top: 128.482px; width: 198.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(40)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.633px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(24)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 151.279px; width: 538.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 269.818px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(236)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(248)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 604.641px; top: 151.498px; width: 203.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(127)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.504px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(134)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 174.227px; width: 274.312px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earnings before Interest, T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax, Depreciation, </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 190.727px; width: 538.541px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation (EBITDA) and special items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">195</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(41)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">154</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 611.25px; top: 190.523px; width: 197.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">102</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 213.592px; width: 538.5px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.844px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(83)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(83)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 609.641px; top: 213.389px; width: 199.189px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(42)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(42)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 236.539px; width: 538.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating profit (EBIT) before special items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">112</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(41)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">71</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 617.109px; top: 236.336px; width: 191.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">60</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 259.404px; width: 538.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Special items, net</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.391px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(41) </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.7404px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 609.641px; top: 259.201px; width: 198.668px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(32)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 282.352px; width: 538.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating profit (EBIT)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.584px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">71</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">71</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 617.109px; top: 282.148px; width: 191.455px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">28</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 305.217px; width: 541.887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.768px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.7188px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.3846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 619.562px; top: 305.014px; width: 191.695px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 328.123px; width: 541.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial expenses </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 221.338px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(119)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.2031px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(119) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 611.25px; top: 327.92px; width: 199.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(81)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.7188px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 351.07px; width: 538.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Result before tax </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.82px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> (37)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 606.422px; top: 350.867px; width: 201.211px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> (37)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Special items are recognised in connection with pr<span class="_ _0"/>esenting the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated income statement for the year to separate items by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">their nature, which are not attributable to SGL Gr<span class="_ _0"/>oup<span class="_ _75"/>’<span class="_ _0"/>s primar<span class="_ _2"/>y<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business activity<span class="_ _75"/>. A separation of these items improves the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">understanding of the performance for the year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The use of special items entails management judgement in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">separation from ordinary items. Management carefully considers </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">individual items and projects (including restructurings) to ensur<span class="_ _0"/>e <span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the correct distinction between operating activities and income/</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenses of a special natur<span class="_ _0"/>e. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Special items comprise of:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Restructuring costs, impairment costs, etc., relating to </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fundamental structural, procedural and managerial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reorganisations as well as any r<span class="_ _0"/>elated gains or losses on disposals </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">T<span class="_ _4"/>ransaction and restructuring costs relating to the acquisition and </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">divestment of enterprises.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.3<span class="_ _2"/> COS<span class="_ _0"/>T OF<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">OP<span class="_ _0"/>E<span class="_ _2"/>R<span class="_ _1"/>A<span class="_ _2d"/>T<span class="_ _75"/>ION</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:121.25px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.574px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 38.2852px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 22.873px; width: 203.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost related to provision o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f freight </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 39.373px; width: 374.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,831</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">874</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 62.2793px; width: 374.045px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 85.1855px; width: 374.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other operation costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 108.133px; width: 373.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal cost of operation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,867</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.9904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">893</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cost of operation comprises costs incurr<span class="_ _0"/>ed to generate the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue for the year<span class="_ _4"/>. The cost of operations includes the settlement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with shipping companies, airlines and haulage contractors, etc., </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and wages and salaries relating to own staff used to fulfill customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cost of operation comprises costs incurr<span class="_ _0"/>ed to generate the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue for the year<span class="_ _4"/>. The cost of operations includes the settlement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with shipping companies, airlines and haulage contractors, etc., </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and wages and salaries relating to own staff used to fulfill customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries, wages, pensions, social security costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and cash bonuses, except staff costs recognised under costs o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operation and special items. Staff costs are recognised in the year </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s employees per<span class="_ _2"/>formed the related work.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ermination benefits are expensed when an agr<span class="_ _0"/>eement has been<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reached between the Group and the employee and when no further </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vice is performed by the employee.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Special items are recognised in connection with pr<span class="_ _0"/>esenting the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated income statement for the year to separate items by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">their nature, which are not attributable to SGL Gr<span class="_ _0"/>oup<span class="_ _75"/>’<span class="_ _0"/>s primar<span class="_ _2"/>y<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business activity<span class="_ _75"/>. A separation of these items improves the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">understanding of the performance for the year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The use of special items entails management judgement in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">separation from ordinary items. Management carefully considers </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">individual items and projects (including restructurings) to ensur<span class="_ _0"/>e <span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the correct distinction between operating activities and income/</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenses of a special natur<span class="_ _0"/>e. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Special items comprise of:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Restructuring costs, impairment costs, etc., relating to </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fundamental structural, procedural and managerial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reorganisations as well as any r<span class="_ _0"/>elated gains or losses on disposals </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">T<span class="_ _4"/>ransaction and restructuring costs relating to the acquisition and </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">divestment of enterprises.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries, wages, pensions, social security costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and cash bonuses, except staff costs recognised under costs o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operation and special items. Staff costs are recognised in the year </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s employees per<span class="_ _2"/>formed the related work.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ermination benefits are expensed when an agr<span class="_ _0"/>eement has been<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reached between the Group and the employee and when no further </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vice is performed by the employee.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The key management personnel of SGL Group comprise members </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the GL<span class="_ _75"/>T<span class="_ _75"/>, including Executive Management. Members of the GL<span class="_ _75"/>T<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have the authority and responsibility for planning, directing and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling the activities o<span class="_ _0"/>f SGL Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The members of the GL<span class="_ _75"/>T are included in an annual cash bonus </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">scheme. Bonuses are determined on the basis o<span class="_ _0"/>f financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of SGL Group and recognised as wages and salaries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:224.625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 246.547px; top: 0.0136718px; width: 64.0259px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GL</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.935169px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T MEMBERS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 22.1641px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 178.922px; top: 21.7793px; width: 49.5638px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BOARD OF </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 242.531px; top: 21.7793px; width: 51.3156px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EXECUTIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.375px; top: 21.7793px; width: 51.5528px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER GL</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 178.922px; top: 32.2793px; width: 50.3616px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DIRECT</span><span style="word-spacing: 0.0965941px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 242.531px; top: 32.2793px; width: 69.1791px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MANAGEMENT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.375px; top: 32.2793px; width: 45.6127px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEMBERS</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 52.8887px; width: 373.787px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.3029px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 75.7949px; width: 373.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.17188px; top: 98.7422px; width: 375.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.9</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 142.789px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 165.654px; width: 373.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 188.561px; width: 373.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.17188px; top: 211.508px; width: 375.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.895px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.5741px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3.0</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2<span class="_ _2"/>.<span class="_ _1"/>4 ST<span class="_ _182"/>AFF C<span class="_ _2"/>OST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries and related costs to employees o<span class="_ _0"/>f SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group. Expenses related to temporary staff are generally included as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wages and salaries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in both staff costs and average number o<span class="_ _0"/>f full-time </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">employees is primarily due to the acquisition of SGL Gr<span class="_ _0"/>oup in May </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2023, resulting in the comparative figures for 2023 only comprising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">7 months of operational activity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:225.630859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.135px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 36.0469px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 53.5254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Staff cost</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 373.893px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.891px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">227</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">123</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.83px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other social security costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.205px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.5409px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.539px; width: 374.045px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal gross staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.645px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">268</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">143</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransferred to cost of operation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 99.5685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(20)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(9)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 373.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransferred to special items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">236</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">127</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 212.514px; width: 374.215px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average number o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f full-time employees</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4,097</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,072*</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">* 2023 Average number o<span class="_ _0"/>f FTEs is restated, previously reported as 3,075. The average calculation only included 7 months, due to the acquisition of the SGL Group. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _75"/>, the acquirer was established in November 2022, therefor<span class="_ _0"/>e, a new average has been calculated with 0 FTEs from Januar<span class="_ _2"/>y to May and reported figures from June to December<span class="_ _4"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The key management personnel of SGL Group comprise members </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the GL<span class="_ _75"/>T<span class="_ _75"/>, including Executive Management. Members of the GL<span class="_ _75"/>T<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have the authority and responsibility for planning, directing and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling the activities o<span class="_ _0"/>f SGL Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The members of the GL<span class="_ _75"/>T are included in an annual cash bonus </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">scheme. Bonuses are determined on the basis o<span class="_ _0"/>f financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of SGL Group and recognised as wages and salaries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:224.625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 246.547px; top: 0.0136718px; width: 64.0259px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GL</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.935169px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T MEMBERS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 22.1641px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 178.922px; top: 21.7793px; width: 49.5638px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BOARD OF </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 242.531px; top: 21.7793px; width: 51.3156px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EXECUTIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.375px; top: 21.7793px; width: 51.5528px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER GL</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 178.922px; top: 32.2793px; width: 50.3616px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DIRECT</span><span style="word-spacing: 0.0965941px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 242.531px; top: 32.2793px; width: 69.1791px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MANAGEMENT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.375px; top: 32.2793px; width: 45.6127px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEMBERS</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 52.8887px; width: 373.787px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.3029px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 75.7949px; width: 373.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.17188px; top: 98.7422px; width: 375.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.9</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 142.789px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 165.654px; width: 373.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 188.561px; width: 373.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.17188px; top: 211.508px; width: 375.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.895px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.5741px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3.0</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries, wages, pensions, social security costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and cash bonuses, except staff costs recognised under costs o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operation and special items. Staff costs are recognised in the year </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s employees per<span class="_ _2"/>formed the related work.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ermination benefits are expensed when an agr<span class="_ _0"/>eement has been<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reached between the Group and the employee and when no further </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vice is performed by the employee.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2<span class="_ _2"/>.<span class="_ _1"/>4 ST<span class="_ _182"/>AFF C<span class="_ _2"/>OST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries and related costs to employees o<span class="_ _0"/>f SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group. Expenses related to temporary staff are generally included as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wages and salaries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in both staff costs and average number o<span class="_ _0"/>f full-time </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">employees is primarily due to the acquisition of SGL Gr<span class="_ _0"/>oup in May </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2023, resulting in the comparative figures for 2023 only comprising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">7 months of operational activity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:225.630859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.135px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 36.0469px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 53.5254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Staff cost</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 373.893px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.891px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">227</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">123</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.83px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other social security costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.205px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.5409px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.539px; width: 374.045px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal gross staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.645px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">268</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">143</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransferred to cost of operation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 99.5685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(20)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(9)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 373.869px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransferred to special items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal staff costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">236</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">127</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 212.514px; width: 374.215px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average number o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f full-time employees</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4,097</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,072*</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">* 2023 Average number o<span class="_ _0"/>f FTEs is restated, previously reported as 3,075. The average calculation only included 7 months, due to the acquisition of the SGL Group. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _75"/>, the acquirer was established in November 2022, therefor<span class="_ _0"/>e, a new average has been calculated with 0 FTEs from Januar<span class="_ _2"/>y to May and reported figures from June to December<span class="_ _4"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The key management personnel of SGL Group comprise members </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the GL<span class="_ _75"/>T<span class="_ _75"/>, including Executive Management. Members of the GL<span class="_ _75"/>T<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have the authority and responsibility for planning, directing and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling the activities o<span class="_ _0"/>f SGL Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The members of the GL<span class="_ _75"/>T are included in an annual cash bonus </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">scheme. Bonuses are determined on the basis o<span class="_ _0"/>f financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of SGL Group and recognised as wages and salaries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:224.625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 246.547px; top: 0.0136718px; width: 64.0259px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GL</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.935169px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T MEMBERS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 22.1641px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 178.922px; top: 21.7793px; width: 49.5638px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BOARD OF </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 242.531px; top: 21.7793px; width: 51.3156px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EXECUTIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.375px; top: 21.7793px; width: 51.5528px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER GL</span><span style="word-spacing: 0px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 178.922px; top: 32.2793px; width: 50.3616px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DIRECT</span><span style="word-spacing: 0.0965941px; letter-spacing: -0.0965941px; display: inline-block; margin-left: -0.575701px; width: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 242.531px; top: 32.2793px; width: 69.1791px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MANAGEMENT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.375px; top: 32.2793px; width: 45.6127px; white-space: pre; word-spacing: 0.0965941px; letter-spacing: -0.0965941px; margin-left: 0px; font-size: 9.65941px; font-family: ff6; -webkit-text-stroke: 0.144891px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEMBERS</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 52.8887px; width: 373.787px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.3029px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 75.7949px; width: 373.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.17188px; top: 98.7422px; width: 375.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.9</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 142.789px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 165.654px; width: 373.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ages and salaries</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.51562px; top: 188.561px; width: 373.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.2268px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.17188px; top: 211.508px; width: 375.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.895px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.5741px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3.0</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Staff costs comprise salaries, wages, pensions, social security costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and cash bonuses, except staff costs recognised under costs o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operation and special items. Staff costs are recognised in the year </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s employees per<span class="_ _2"/>formed the related work.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ermination benefits are expensed when an agr<span class="_ _0"/>eement has been<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reached between the Group and the employee and when no further </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vice is performed by the employee.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Special items are recognised in connection with pr<span class="_ _0"/>esenting the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated income statement for the year to separate items by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">their nature, which are not attributable to SGL Gr<span class="_ _0"/>oup<span class="_ _75"/>’<span class="_ _0"/>s primar<span class="_ _2"/>y<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business activity<span class="_ _75"/>. A separation of these items improves the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">understanding of the performance for the year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The use of special items entails management judgement in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">separation from ordinary items. Management carefully considers </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">individual items and projects (including restructurings) to ensur<span class="_ _0"/>e <span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the correct distinction between operating activities and income/</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenses of a special natur<span class="_ _0"/>e. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Special items comprise of:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Restructuring costs, impairment costs, etc., relating to </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fundamental structural, procedural and managerial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reorganisations as well as any r<span class="_ _0"/>elated gains or losses on disposals </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">T<span class="_ _4"/>ransaction and restructuring costs relating to the acquisition and </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">divestment of enterprises.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.<span class="_ _182"/>1 INT<span class="_ _2d"/>A<span class="_ _75"/>NG<span class="_ _2"/>IB<span class="_ _2"/>L<span class="_ _0"/>E AS<span class="_ _2"/>S<span class="_ _2"/>ETS &amp;<span class="_ _2"/> IMP<span class="_ _37"/>A<span class="_ _0"/>IRME<span class="_ _2"/>NT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">INT<span class="_ _75"/>ANGIBLE ASSETS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:472.453125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 794.994px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 723.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 252.234px; top: 22.5449px; width: 152.561px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GOODWILL </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CUST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMER</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.359px; top: 22.5449px; width: 267.211px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRADEMARKS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 43.2716px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOFTWARE</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOF</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TWARE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 763.828px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.359px; top: 33.0449px; width: 54.8203px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RELA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 662.219px; top: 33.0449px; width: 37.8281px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 623.234px; top: 43.5449px; width: 74.6191px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DEVELOPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 64.5293px; width: 794.033px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,217 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 196 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,448 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 87.4355px; width: 790.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 22</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 110.342px; width: 790.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 250.506px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 133.248px; width: 790.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 156.154px; width: 790.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">161</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 179.061px; width: 790.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 202.008px; width: 790.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.793px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,381 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">215 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,645</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 257.436px; width: 793.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 280.342px; width: 793.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.615px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 303.248px; width: 790.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 51</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 326.17px; width: 790.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfers</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.244px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 349.076px; width: 790.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 372.023px; width: 790.559px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisations at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">58</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 394.93px; width: 110.273px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 275px; top: 403.18px; width: 519.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,381</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">157</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,575</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 411.43px; width: 96.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 459.336px; width: 597.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-7 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:472.453125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 794.701px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 723.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 251.391px; top: 22.5449px; width: 152.561px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GOODWILL </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CUST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMER</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.344px; top: 22.5449px; width: 267.211px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRADEMARKS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 43.2716px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOFTWARE</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOF</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TWARE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 764.828px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.359px; top: 33.0449px; width: 54.8203px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RELA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 661.938px; top: 33.0449px; width: 37.8281px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 623.625px; top: 43.5449px; width: 74.6191px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DEVELOPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 64.5293px; width: 793.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.277px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 87.4355px; width: 790.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 3.36328px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 110.342px; width: 790.641px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 250.506px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 133.248px; width: 790.898px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 156.154px; width: 790.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">198</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,457</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 179.061px; width: 790.939px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 202.008px; width: 790.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.42px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,217 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">196 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 1,448</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 257.436px; width: 793.605px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 280.357px; width: 793.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.615px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 303.264px; width: 790.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 326.17px; width: 790.641px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfers</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.244px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 349.076px; width: 790.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 372.023px; width: 790.529px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisations at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 394.93px; width: 110.273px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 276px; top: 403.18px; width: 519.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,217</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">178</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,424</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 411.43px; width: 96.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.78125px; top: 459.336px; width: 597.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-7 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets have increased due to the acquisitions o<span class="_ _0"/>f Foppiani </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Shipping &amp; Logistics Group and Blu Logistics Brasil T<span class="_ _4"/>ranspor<span class="_ _2"/>tes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Internacionais L<span class="_ _75"/>TDA. For fur<span class="_ _2"/>ther description, refer to note 6.1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations. Moreover<span class="_ _4"/>, the continuing and significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investments in IT projects to secure the infrastructur<span class="_ _0"/>e necessar<span class="_ _2"/>y for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">continued long-term growth and scalability ar<span class="_ _0"/>e in alignment with<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our strategy<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">GOODWILL, CUST<span class="_ _0"/>OMER REL<span class="_ _2"/>A<span class="_ _75"/>TIONS AND<span class="_ _2"/> <span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">TRADEMARKS SPLIT BY C<span class="_ _0"/>GU</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:102.421875px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 377.408px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 18.8574px; width: 372.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,467</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,325</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 40.123px; width: 30.2871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 269.844px; top: 42.4824px; width: 107.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">65</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">69</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 61.3887px; width: 373.172px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 89.3047px; width: 373.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,546</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,409</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment test</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill, customer relations, trademarks and other intangible assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">were tested for impairment on 31 December 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A discounted cash flow model (DCF) has been used to determine </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the recoverable amount per business segment on a value-in-use </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 2-year strategy plan covers each focus area, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions have been applied related to growth in expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes and the expectation of the market development. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Fur<span class="_ _2"/>thermore, new and potential contract wins have been factor<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into the plan affecting several business segments and companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">within SGL Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment test did not result in any impairment o<span class="_ _0"/>f the carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of goodwill allocated to each business segment. In that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">connection, a sensitivity analysis was performed to assess whether </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">changes in key assumptions would have led to any impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses being recognised. The analysis showed that potential </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable changes in the future cash flow would not indicate a need </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for an impairment of goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, Management estimated that likely changes to the key </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions would not result in the carrying amount of goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exceeding the recoverable amount.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most significant assumptions for the impairment are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">The following W<span class="_ _0"/>AC<span class="_ _0"/>C has been applied in the calculation of the </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">different segments: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Air &amp; Ocean: 11.7%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Road: 10.8%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Solutions: 11.2%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">The basis for the calculation is the 2025 budget, the 2026-2027 </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strategy plan and the 2028 projection year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An expectation has been applied to the projection year and in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">terminal period, in which SGL Group is anticipated to gr<span class="_ _0"/>ow with the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected annual market growth o<span class="_ _0"/>f 2%.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assumptions applied are further subject to the development of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">global economy<span class="_ _75"/>, of which management considers the outlook for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significant regions, in particularly Nor<span class="_ _2"/>th America and Europe, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ongoing volatility is anticipated to remain constant in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Significant factors relevant to the future net cash flow for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">segments:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Air &amp; Ocean segment operates globally<span class="_ _75"/>, which means that the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">global economic and world trade impact the future cash flow<span class="_ _75"/>. Gross </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pro<span class="_ _0"/>fit per consignment, including utilisation, cost management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">initiatives and development in internal productivity<span class="_ _75"/>, will also affect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the cash flow<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Road segment mainly operates in Europe and North America, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">so the future cash flow is affected primarily by the growth rates in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">America and the European countries. Gross pr<span class="_ _0"/>ofit per consignment, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including utilisation, cost management initiatives and development </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in internal productivity<span class="_ _75"/>, will also affect the cash flow<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Solutions segment mainly operates in Denmark, so the future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash flow is affected primarily by the growth rates in Denmark. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The development in lease cost and other costs related to services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">provided, including utilisation o<span class="_ _0"/>f warehouse facilities, cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management initiatives and development in internal productivity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">will also affect the cash flow<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sensitivity analysis</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Based on the key assumptions listed, we see no indications of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment. The assumptions applied in the impairment test are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not sensitive to probable fluctuations, which would result in an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment loss, neither combined nor individually<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IMP<span class="_ _75"/>AIRMENT TEST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:329.25px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 178.203px; top: 0.0078125px; width: 126.744px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">KEY ASSUMPTIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 148.75px; top: 22.5449px; width: 48.1113px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">VERAGE </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 230.234px; top: 22.5449px; width: 54.4629px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TERMINAL </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.859px; top: 22.5449px; width: 44.5078px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PRE-T</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 124.234px; top: 33.0449px; width: 72.9316px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROSS PROFIT </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 244.484px; top: 33.0449px; width: 39.4746px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PERIOD </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.531px; top: 33.0449px; width: 54.7734px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DISCOUNT </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 116.859px; top: 43.5449px; width: 78.0117px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROWTH RA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE*</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 235.984px; top: 43.5449px; width: 46.2246px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROWTH</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 352.703px; top: 43.5449px; width: 24.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 72.0078px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 94.873px; width: 373.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11.7%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 117.779px; width: 373.283px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10.8%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 140.686px; width: 373.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11.2%</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 198.008px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 220.873px; width: 373.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.6%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 243.779px; width: 373.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.4px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.1%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 266.686px; width: 373.418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.5%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 299.258px; width: 372.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"><span style="display: inline-block;">* The average gross pro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit growth rate comprises the full budget, strategy </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 317.258px; width: 135.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"><span style="display: inline-block;">period and projection year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of goodwill is tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The tests are conducted for each cash-generating unit (C<span class="_ _0"/>GU) to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which the goodwill is allocated. As goodwill is allocated to SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s activity, it follows the structur<span class="_ _0"/>e of the segment information </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment is determined for goodwill by assessing the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount o<span class="_ _0"/>f each CGU to which the goodwill relates. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When the recoverable amount o<span class="_ _0"/>f the CGU is less than its carr<span class="_ _2"/>ying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, an impairment loss is recognised. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In assessing the recoverable amount, the estimated future cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows are discounted to their present value using a pr<span class="_ _0"/>e-tax discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate. The discount rate used in the impairment test is the weighted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">average cost of capital (W<span class="_ _75"/>ACC), which comprises curr<span class="_ _0"/>ent market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions for the cost of equity and cost o<span class="_ _0"/>f debt. The discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate is calculated for each CGU and r<span class="_ _0"/>eflects the related risks, such as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">geographical and financial exposure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In connection with the impairment tests, Management estimates, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">e.g., revenue development, gross pr<span class="_ _0"/>ofit, operating margin, W<span class="_ _75"/>ACC </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and growth rate in the terminal period. The estimates ar<span class="_ _0"/>e made<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per business segment and are determined based on historical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">experience and assumptions about the future development within </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">each segment, including the expected long-term average market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arising from business combinations is recognised and is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stated as the difference between the consideration paid and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value of the identified net assets. Goodwill is not amortised but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment if there ar<span class="_ _0"/>e indications of impairment, or at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">least once a year<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.<span class="_ _182"/>1 INT<span class="_ _2d"/>A<span class="_ _75"/>NG<span class="_ _2"/>IB<span class="_ _2"/>L<span class="_ _0"/>E AS<span class="_ _2"/>S<span class="_ _2"/>ETS &amp;<span class="_ _2"/> IMP<span class="_ _37"/>A<span class="_ _0"/>IRME<span class="_ _2"/>NT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">INT<span class="_ _75"/>ANGIBLE ASSETS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:472.453125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 794.994px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 723.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 252.234px; top: 22.5449px; width: 152.561px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GOODWILL </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CUST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMER</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.359px; top: 22.5449px; width: 267.211px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRADEMARKS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 43.2716px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOFTWARE</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOF</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TWARE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 763.828px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.359px; top: 33.0449px; width: 54.8203px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RELA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 662.219px; top: 33.0449px; width: 37.8281px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 623.234px; top: 43.5449px; width: 74.6191px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DEVELOPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 64.5293px; width: 794.033px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,217 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 196 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,448 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 87.4355px; width: 790.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 22</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 110.342px; width: 790.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 250.506px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 133.248px; width: 790.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 156.154px; width: 790.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">161</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 179.061px; width: 790.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 202.008px; width: 790.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.793px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,381 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">215 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,645</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 257.436px; width: 793.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 280.342px; width: 793.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.615px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 303.248px; width: 790.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 51</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 326.17px; width: 790.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfers</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.244px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 349.076px; width: 790.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 372.023px; width: 790.559px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisations at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">58</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 394.93px; width: 110.273px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 275px; top: 403.18px; width: 519.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,381</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">157</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,575</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 411.43px; width: 96.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 459.336px; width: 597.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-7 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:472.453125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 794.701px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 723.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 251.391px; top: 22.5449px; width: 152.561px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GOODWILL </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CUST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMER</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.344px; top: 22.5449px; width: 267.211px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRADEMARKS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 43.2716px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOFTWARE</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOF</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TWARE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 764.828px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.359px; top: 33.0449px; width: 54.8203px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RELA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 661.938px; top: 33.0449px; width: 37.8281px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 623.625px; top: 43.5449px; width: 74.6191px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DEVELOPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 64.5293px; width: 793.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.277px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 87.4355px; width: 790.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 3.36328px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 110.342px; width: 790.641px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 250.506px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 133.248px; width: 790.898px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 156.154px; width: 790.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">198</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,457</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 179.061px; width: 790.939px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 202.008px; width: 790.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.42px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,217 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">196 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 1,448</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 257.436px; width: 793.605px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 280.357px; width: 793.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.615px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 303.264px; width: 790.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 326.17px; width: 790.641px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfers</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.244px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 349.076px; width: 790.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 372.023px; width: 790.529px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisations at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 394.93px; width: 110.273px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 276px; top: 403.18px; width: 519.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,217</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">178</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,424</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 411.43px; width: 96.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.78125px; top: 459.336px; width: 597.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-7 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets have increased due to the acquisitions o<span class="_ _0"/>f Foppiani </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Shipping &amp; Logistics Group and Blu Logistics Brasil T<span class="_ _4"/>ranspor<span class="_ _2"/>tes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Internacionais L<span class="_ _75"/>TDA. For fur<span class="_ _2"/>ther description, refer to note 6.1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations. Moreover<span class="_ _4"/>, the continuing and significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investments in IT projects to secure the infrastructur<span class="_ _0"/>e necessar<span class="_ _2"/>y for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">continued long-term growth and scalability ar<span class="_ _0"/>e in alignment with<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our strategy<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">GOODWILL, CUST<span class="_ _0"/>OMER REL<span class="_ _2"/>A<span class="_ _75"/>TIONS AND<span class="_ _2"/> <span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">TRADEMARKS SPLIT BY C<span class="_ _0"/>GU</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:102.421875px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 377.408px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 18.8574px; width: 372.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,467</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,325</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 40.123px; width: 30.2871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 269.844px; top: 42.4824px; width: 107.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">65</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">69</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 61.3887px; width: 373.172px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 89.3047px; width: 373.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,546</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,409</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment test</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill, customer relations, trademarks and other intangible assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">were tested for impairment on 31 December 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A discounted cash flow model (DCF) has been used to determine </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the recoverable amount per business segment on a value-in-use </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 2-year strategy plan covers each focus area, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions have been applied related to growth in expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes and the expectation of the market development. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Fur<span class="_ _2"/>thermore, new and potential contract wins have been factor<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into the plan affecting several business segments and companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">within SGL Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment test did not result in any impairment o<span class="_ _0"/>f the carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of goodwill allocated to each business segment. In that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">connection, a sensitivity analysis was performed to assess whether </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">changes in key assumptions would have led to any impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses being recognised. The analysis showed that potential </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable changes in the future cash flow would not indicate a need </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for an impairment of goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, Management estimated that likely changes to the key </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions would not result in the carrying amount of goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exceeding the recoverable amount.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most significant assumptions for the impairment are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">The following W<span class="_ _0"/>AC<span class="_ _0"/>C has been applied in the calculation of the </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">different segments: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Air &amp; Ocean: 11.7%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Road: 10.8%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Solutions: 11.2%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">The basis for the calculation is the 2025 budget, the 2026-2027 </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strategy plan and the 2028 projection year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An expectation has been applied to the projection year and in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">terminal period, in which SGL Group is anticipated to gr<span class="_ _0"/>ow with the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected annual market growth o<span class="_ _0"/>f 2%.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assumptions applied are further subject to the development of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">global economy<span class="_ _75"/>, of which management considers the outlook for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significant regions, in particularly Nor<span class="_ _2"/>th America and Europe, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ongoing volatility is anticipated to remain constant in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Significant factors relevant to the future net cash flow for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">segments:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Air &amp; Ocean segment operates globally<span class="_ _75"/>, which means that the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">global economic and world trade impact the future cash flow<span class="_ _75"/>. Gross </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pro<span class="_ _0"/>fit per consignment, including utilisation, cost management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">initiatives and development in internal productivity<span class="_ _75"/>, will also affect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the cash flow<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Road segment mainly operates in Europe and North America, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">so the future cash flow is affected primarily by the growth rates in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">America and the European countries. Gross pr<span class="_ _0"/>ofit per consignment, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including utilisation, cost management initiatives and development </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in internal productivity<span class="_ _75"/>, will also affect the cash flow<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Solutions segment mainly operates in Denmark, so the future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash flow is affected primarily by the growth rates in Denmark. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The development in lease cost and other costs related to services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">provided, including utilisation o<span class="_ _0"/>f warehouse facilities, cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management initiatives and development in internal productivity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">will also affect the cash flow<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sensitivity analysis</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Based on the key assumptions listed, we see no indications of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment. The assumptions applied in the impairment test are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not sensitive to probable fluctuations, which would result in an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment loss, neither combined nor individually<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IMP<span class="_ _75"/>AIRMENT TEST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:329.25px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 178.203px; top: 0.0078125px; width: 126.744px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">KEY ASSUMPTIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 148.75px; top: 22.5449px; width: 48.1113px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">VERAGE </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 230.234px; top: 22.5449px; width: 54.4629px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TERMINAL </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.859px; top: 22.5449px; width: 44.5078px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PRE-T</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 124.234px; top: 33.0449px; width: 72.9316px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROSS PROFIT </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 244.484px; top: 33.0449px; width: 39.4746px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PERIOD </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.531px; top: 33.0449px; width: 54.7734px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DISCOUNT </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 116.859px; top: 43.5449px; width: 78.0117px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROWTH RA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE*</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 235.984px; top: 43.5449px; width: 46.2246px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROWTH</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 352.703px; top: 43.5449px; width: 24.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 72.0078px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 94.873px; width: 373.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11.7%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 117.779px; width: 373.283px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10.8%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 140.686px; width: 373.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11.2%</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 198.008px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 220.873px; width: 373.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.6%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 243.779px; width: 373.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.4px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.1%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 266.686px; width: 373.418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.5%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 299.258px; width: 372.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"><span style="display: inline-block;">* The average gross pro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit growth rate comprises the full budget, strategy </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 317.258px; width: 135.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"><span style="display: inline-block;">period and projection year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of goodwill is tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The tests are conducted for each cash-generating unit (C<span class="_ _0"/>GU) to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which the goodwill is allocated. As goodwill is allocated to SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s activity, it follows the structur<span class="_ _0"/>e of the segment information </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment is determined for goodwill by assessing the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount o<span class="_ _0"/>f each CGU to which the goodwill relates. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When the recoverable amount o<span class="_ _0"/>f the CGU is less than its carr<span class="_ _2"/>ying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, an impairment loss is recognised. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In assessing the recoverable amount, the estimated future cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows are discounted to their present value using a pr<span class="_ _0"/>e-tax discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate. The discount rate used in the impairment test is the weighted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">average cost of capital (W<span class="_ _75"/>ACC), which comprises curr<span class="_ _0"/>ent market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions for the cost of equity and cost o<span class="_ _0"/>f debt. The discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate is calculated for each CGU and r<span class="_ _0"/>eflects the related risks, such as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">geographical and financial exposure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In connection with the impairment tests, Management estimates, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">e.g., revenue development, gross pr<span class="_ _0"/>ofit, operating margin, W<span class="_ _75"/>ACC </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and growth rate in the terminal period. The estimates ar<span class="_ _0"/>e made<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per business segment and are determined based on historical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">experience and assumptions about the future development within </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">each segment, including the expected long-term average market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arising from business combinations is recognised and is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stated as the difference between the consideration paid and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value of the identified net assets. Goodwill is not amortised but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment if there ar<span class="_ _0"/>e indications of impairment, or at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">least once a year<span class="_ _4"/>.</span></span><span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations arising from business combinations ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised at fair value at acquisition. After commissioning, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are amortised on a straight<span class="_ _75"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life. When indications of impairment ar<span class="_ _0"/>e identified, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are tested for impair<span class="_ _0"/>ment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets arising from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations are recognised at fair value at acquisition. After </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, trademarks and other intangible assets are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised on a straight<span class="_ _75"/>-line basis over the expected useful life. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When indications of impairment ar<span class="_ _0"/>e identified, trademarks and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other intangible assets are tested for impairment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software includes acquired intangible rights and is measur<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at initial recognition at cost. So<span class="_ _0"/>f<span class="_ _2"/>tware acquired separately or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">developed for internal use is subsequently measured at cost less any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated amor<span class="_ _2"/>tisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Costs related to the development o<span class="_ _0"/>f software are calculated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as external costs, staff costs, amortisation and depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly attributable to the development o<span class="_ _0"/>f the software. After<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, software is amortised on a straight<span class="_ _0"/>-line basis over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the expected useful life.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses arising from the derecognition o<span class="_ _0"/>f an intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset are measured as the differ<span class="_ _0"/>ence between the net disposal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds and the asset’<span class="_ _75"/>s carr<span class="_ _2"/>ying amount. Gains or losses are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the income statement when the asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other non-current intangible assets, pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of other non-current assets is tested for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment when an indication of impairment is identified. Such </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets are further tested as par<span class="_ _2"/>t of the C<span class="_ _0"/>GU which the asset forms </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t of<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher o<span class="_ _0"/>f the fair value of the assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">less the expected costs of sale and the value in use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Where an impairment loss is r<span class="_ _0"/>ecognised on a group of assets, a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loss must first be allocated to goodwill and then to the other assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proportionally<span class="_ _0"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.<span class="_ _182"/>1 INT<span class="_ _2d"/>A<span class="_ _75"/>NG<span class="_ _2"/>IB<span class="_ _2"/>L<span class="_ _0"/>E AS<span class="_ _2"/>S<span class="_ _2"/>ETS &amp;<span class="_ _2"/> IMP<span class="_ _37"/>A<span class="_ _0"/>IRME<span class="_ _2"/>NT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">INT<span class="_ _75"/>ANGIBLE ASSETS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:472.453125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 794.994px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 723.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 252.234px; top: 22.5449px; width: 152.561px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GOODWILL </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CUST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMER</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.359px; top: 22.5449px; width: 267.211px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRADEMARKS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 43.2716px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOFTWARE</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOF</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TWARE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 763.828px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.359px; top: 33.0449px; width: 54.8203px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RELA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 662.219px; top: 33.0449px; width: 37.8281px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 623.234px; top: 43.5449px; width: 74.6191px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DEVELOPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 64.5293px; width: 794.033px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,217 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 196 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,448 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 87.4355px; width: 790.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 22</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 110.342px; width: 790.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 250.506px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 133.248px; width: 790.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 156.154px; width: 790.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">161</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 179.061px; width: 790.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 202.008px; width: 790.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.793px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,381 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">215 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,645</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 257.436px; width: 793.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 280.342px; width: 793.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.615px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 303.248px; width: 790.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 51</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 326.17px; width: 790.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfers</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.244px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 349.076px; width: 790.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 372.023px; width: 790.559px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisations at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">58</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 394.93px; width: 110.273px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 275px; top: 403.18px; width: 519.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,381</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">157</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,575</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 411.43px; width: 96.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 459.336px; width: 597.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-7 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:472.453125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 794.701px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 723.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 251.391px; top: 22.5449px; width: 152.561px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GOODWILL </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CUST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMER</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.344px; top: 22.5449px; width: 267.211px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRADEMARKS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 43.2716px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOFTWARE</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOF</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TWARE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 764.828px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.359px; top: 33.0449px; width: 54.8203px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RELA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 661.938px; top: 33.0449px; width: 37.8281px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 623.625px; top: 43.5449px; width: 74.6191px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DEVELOPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 64.5293px; width: 793.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.277px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 87.4355px; width: 790.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 3.36328px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 110.342px; width: 790.641px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 250.506px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 133.248px; width: 790.898px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 156.154px; width: 790.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">198</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,457</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 179.061px; width: 790.939px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 202.008px; width: 790.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.42px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,217 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">196 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 1,448</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 257.436px; width: 793.605px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 280.357px; width: 793.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.615px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 303.264px; width: 790.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 326.17px; width: 790.641px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfers</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.244px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 349.076px; width: 790.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 372.023px; width: 790.529px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisations at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 394.93px; width: 110.273px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 276px; top: 403.18px; width: 519.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,217</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">178</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,424</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 411.43px; width: 96.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.78125px; top: 459.336px; width: 597.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-7 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets have increased due to the acquisitions o<span class="_ _0"/>f Foppiani </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Shipping &amp; Logistics Group and Blu Logistics Brasil T<span class="_ _4"/>ranspor<span class="_ _2"/>tes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Internacionais L<span class="_ _75"/>TDA. For fur<span class="_ _2"/>ther description, refer to note 6.1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations. Moreover<span class="_ _4"/>, the continuing and significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investments in IT projects to secure the infrastructur<span class="_ _0"/>e necessar<span class="_ _2"/>y for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">continued long-term growth and scalability ar<span class="_ _0"/>e in alignment with<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our strategy<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">GOODWILL, CUST<span class="_ _0"/>OMER REL<span class="_ _2"/>A<span class="_ _75"/>TIONS AND<span class="_ _2"/> <span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">TRADEMARKS SPLIT BY C<span class="_ _0"/>GU</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:102.421875px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 377.408px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 18.8574px; width: 372.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,467</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,325</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 40.123px; width: 30.2871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 269.844px; top: 42.4824px; width: 107.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">65</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">69</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 61.3887px; width: 373.172px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 89.3047px; width: 373.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,546</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,409</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment test</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill, customer relations, trademarks and other intangible assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">were tested for impairment on 31 December 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A discounted cash flow model (DCF) has been used to determine </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the recoverable amount per business segment on a value-in-use </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 2-year strategy plan covers each focus area, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions have been applied related to growth in expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes and the expectation of the market development. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Fur<span class="_ _2"/>thermore, new and potential contract wins have been factor<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into the plan affecting several business segments and companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">within SGL Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment test did not result in any impairment o<span class="_ _0"/>f the carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of goodwill allocated to each business segment. In that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">connection, a sensitivity analysis was performed to assess whether </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">changes in key assumptions would have led to any impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses being recognised. The analysis showed that potential </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable changes in the future cash flow would not indicate a need </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for an impairment of goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, Management estimated that likely changes to the key </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions would not result in the carrying amount of goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exceeding the recoverable amount.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most significant assumptions for the impairment are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">The following W<span class="_ _0"/>AC<span class="_ _0"/>C has been applied in the calculation of the </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">different segments: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Air &amp; Ocean: 11.7%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Road: 10.8%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Solutions: 11.2%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">The basis for the calculation is the 2025 budget, the 2026-2027 </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strategy plan and the 2028 projection year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An expectation has been applied to the projection year and in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">terminal period, in which SGL Group is anticipated to gr<span class="_ _0"/>ow with the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected annual market growth o<span class="_ _0"/>f 2%.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assumptions applied are further subject to the development of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">global economy<span class="_ _75"/>, of which management considers the outlook for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significant regions, in particularly Nor<span class="_ _2"/>th America and Europe, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ongoing volatility is anticipated to remain constant in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Significant factors relevant to the future net cash flow for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">segments:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Air &amp; Ocean segment operates globally<span class="_ _75"/>, which means that the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">global economic and world trade impact the future cash flow<span class="_ _75"/>. Gross </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pro<span class="_ _0"/>fit per consignment, including utilisation, cost management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">initiatives and development in internal productivity<span class="_ _75"/>, will also affect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the cash flow<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Road segment mainly operates in Europe and North America, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">so the future cash flow is affected primarily by the growth rates in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">America and the European countries. Gross pr<span class="_ _0"/>ofit per consignment, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including utilisation, cost management initiatives and development </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in internal productivity<span class="_ _75"/>, will also affect the cash flow<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Solutions segment mainly operates in Denmark, so the future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash flow is affected primarily by the growth rates in Denmark. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The development in lease cost and other costs related to services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">provided, including utilisation o<span class="_ _0"/>f warehouse facilities, cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management initiatives and development in internal productivity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">will also affect the cash flow<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sensitivity analysis</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Based on the key assumptions listed, we see no indications of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment. The assumptions applied in the impairment test are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not sensitive to probable fluctuations, which would result in an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment loss, neither combined nor individually<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IMP<span class="_ _75"/>AIRMENT TEST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:329.25px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 178.203px; top: 0.0078125px; width: 126.744px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">KEY ASSUMPTIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 148.75px; top: 22.5449px; width: 48.1113px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">VERAGE </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 230.234px; top: 22.5449px; width: 54.4629px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TERMINAL </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.859px; top: 22.5449px; width: 44.5078px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PRE-T</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 124.234px; top: 33.0449px; width: 72.9316px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROSS PROFIT </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 244.484px; top: 33.0449px; width: 39.4746px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PERIOD </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.531px; top: 33.0449px; width: 54.7734px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DISCOUNT </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 116.859px; top: 43.5449px; width: 78.0117px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROWTH RA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE*</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 235.984px; top: 43.5449px; width: 46.2246px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROWTH</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 352.703px; top: 43.5449px; width: 24.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 72.0078px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 94.873px; width: 373.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11.7%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 117.779px; width: 373.283px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10.8%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 140.686px; width: 373.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11.2%</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 198.008px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 220.873px; width: 373.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.6%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 243.779px; width: 373.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.4px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.1%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 266.686px; width: 373.418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.5%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 299.258px; width: 372.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"><span style="display: inline-block;">* The average gross pro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit growth rate comprises the full budget, strategy </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 317.258px; width: 135.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"><span style="display: inline-block;">period and projection year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of goodwill is tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The tests are conducted for each cash-generating unit (C<span class="_ _0"/>GU) to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which the goodwill is allocated. As goodwill is allocated to SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s activity, it follows the structur<span class="_ _0"/>e of the segment information </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment is determined for goodwill by assessing the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount o<span class="_ _0"/>f each CGU to which the goodwill relates. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When the recoverable amount o<span class="_ _0"/>f the CGU is less than its carr<span class="_ _2"/>ying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, an impairment loss is recognised. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In assessing the recoverable amount, the estimated future cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows are discounted to their present value using a pr<span class="_ _0"/>e-tax discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate. The discount rate used in the impairment test is the weighted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">average cost of capital (W<span class="_ _75"/>ACC), which comprises curr<span class="_ _0"/>ent market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions for the cost of equity and cost o<span class="_ _0"/>f debt. The discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate is calculated for each CGU and r<span class="_ _0"/>eflects the related risks, such as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">geographical and financial exposure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In connection with the impairment tests, Management estimates, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">e.g., revenue development, gross pr<span class="_ _0"/>ofit, operating margin, W<span class="_ _75"/>ACC </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and growth rate in the terminal period. The estimates ar<span class="_ _0"/>e made<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per business segment and are determined based on historical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">experience and assumptions about the future development within </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">each segment, including the expected long-term average market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arising from business combinations is recognised and is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stated as the difference between the consideration paid and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value of the identified net assets. Goodwill is not amortised but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment if there ar<span class="_ _0"/>e indications of impairment, or at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">least once a year<span class="_ _4"/>.</span></span><span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations arising from business combinations ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised at fair value at acquisition. After commissioning, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are amortised on a straight<span class="_ _75"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life. When indications of impairment ar<span class="_ _0"/>e identified, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are tested for impair<span class="_ _0"/>ment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets arising from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations are recognised at fair value at acquisition. After </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, trademarks and other intangible assets are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised on a straight<span class="_ _75"/>-line basis over the expected useful life. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When indications of impairment ar<span class="_ _0"/>e identified, trademarks and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other intangible assets are tested for impairment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software includes acquired intangible rights and is measur<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at initial recognition at cost. So<span class="_ _0"/>f<span class="_ _2"/>tware acquired separately or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">developed for internal use is subsequently measured at cost less any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated amor<span class="_ _2"/>tisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Costs related to the development o<span class="_ _0"/>f software are calculated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as external costs, staff costs, amortisation and depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly attributable to the development o<span class="_ _0"/>f the software. After<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, software is amortised on a straight<span class="_ _0"/>-line basis over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the expected useful life.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses arising from the derecognition o<span class="_ _0"/>f an intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset are measured as the differ<span class="_ _0"/>ence between the net disposal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds and the asset’<span class="_ _75"/>s carr<span class="_ _2"/>ying amount. Gains or losses are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the income statement when the asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other non-current intangible assets, pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of other non-current assets is tested for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment when an indication of impairment is identified. Such </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets are further tested as par<span class="_ _2"/>t of the C<span class="_ _0"/>GU which the asset forms </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t of<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher o<span class="_ _0"/>f the fair value of the assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">less the expected costs of sale and the value in use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Where an impairment loss is r<span class="_ _0"/>ecognised on a group of assets, a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loss must first be allocated to goodwill and then to the other assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proportionally<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.<span class="_ _182"/>1 BUS<span class="_ _2"/>INE<span class="_ _2"/>S<span class="_ _2"/>S COMBINA<span class="_ _2d"/>T<span class="_ _0"/>IONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _75"/>AIR VALUE A<span class="_ _4"/>T DA<span class="_ _0"/>TE OF ACQUISITION</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:535.125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 812.051px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 655.909px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 22.5449px; width: 811.301px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 388.519px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">FOPPIANI</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BLU</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 52.2832px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">O</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OTA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 43.5293px; width: 811.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other intangible assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 326.754px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 66.4355px; width: 807.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Property</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, plant and equipment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.016px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">92 </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 89.3418px; width: 807.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 350.232px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 112.248px; width: 807.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables and contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.623px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">35</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">35</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">278</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 135.17px; width: 807.621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Corporate tax receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 312.264px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 158.076px; width: 807.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Loans to previous group entities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 275.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 180.982px; width: 807.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables and prepayments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 255px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 203.889px; width: 807.844px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash and cash equivalents</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 300.346px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">316</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 226.836px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 380.524px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7929px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">116</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 785</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 271.889px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 292.873px; width: 810.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Provisions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 401.062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 315.779px; width: 807.826px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.502px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 338.686px; width: 807.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 376.665px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 361.607px; width: 807.586px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 401.062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">193</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 384.514px; width: 807.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.318px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">74</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 407.42px; width: 807.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Loans from previous gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oup entities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.359px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 430.326px; width: 808.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables and accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.584px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">179</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 453.248px; width: 808.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current tax liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 342.955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 476.154px; width: 807.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 362.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.7188px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 499.061px; width: 807.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 371.555px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 522.008px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 360.568px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">52</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">86</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">578</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:512.390625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 811.751px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 634.864px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.29797px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.29797px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 444.703px; top: 19.8887px; width: 367.899px; white-space: pre; word-spacing: 0.108641px; letter-spacing: -0.108641px; margin-left: 0px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FOPPIANI</span><span style="word-spacing: 0.108641px; letter-spacing: -0.108641px; display: inline-block; margin-left: 0px; width: 59.0613px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.325922px; letter-spacing: -0.325922px; display: inline-block; margin-left: 0px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;">B</span><span style="word-spacing: 0.325922px; letter-spacing: -0.325922px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LU</span><span style="word-spacing: 0.325922px; letter-spacing: -0.325922px; display: inline-block; margin-left: 0px; width: 44.7719px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">OTHER</span><span style="word-spacing: 0.108641px; letter-spacing: -0.108641px; display: inline-block; margin-left: 0px; width: 46.554px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">O</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 1.08519px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 46.554px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">O</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 1.08519px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 40.873px; width: 810.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquired net assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 362.683px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.633px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(11) </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">207 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 63.7793px; width: 807.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-controlling interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 341.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 86.6855px; width: 807.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 423.772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,229</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 109.607px; width: 807.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer relations</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 371.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">198</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 132.514px; width: 807.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rademarks</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 416.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 155.42px; width: 808.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 401.062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(51)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 178.367px; width: 807.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value of total net assets acquired</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.627px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">99</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">86</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0373px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">187</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,598</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 201.248px; width: 810.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contingent consideration assumed</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 279.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1154px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1154px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 224.154px; width: 807.322px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price assumed</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 271.183px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(23)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(23)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 247.061px; width: 807.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contingent consideration paid * </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 293.057px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 270.045px; width: 807.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price paid *</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 305.315px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.125px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 293.045px; width: 807.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash and bank balances assumed</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 271.183px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(34)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(38)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(316)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 315.951px; width: 807.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Extinguish of a pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e-existing relationship</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 253.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(359)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 338.857px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contribution from parent</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.502px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(854)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 361.805px; width: 807.504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash flow utilised for acquisition of subsidiaries and activities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">71</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 407.633px; width: 229.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquired goodwill allocated to C</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">GUs</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 430.498px; width: 807.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 405.892px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,156</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 453.404px; width: 807.545px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 453.019px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">59</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 476.311px; width: 807.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 429.54px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 499.273px; width: 809.777px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal goodwill</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 387.982px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.633px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,229</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">*<span class="_"> </span>Relates to previous years’ acquisitions.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _75"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When applying the acquisition method of accounting, management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">judgements and estimates are an integral part of assessing fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">values of several assets and liabilities, as observable market prices<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are typically unavailable. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">It typically relates to determining the pr<span class="_ _0"/>esent value of future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">uncer<span class="_ _2"/>tain cash flows or assessing other events in which the outcome </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is uncer<span class="_ _2"/>tain at the date of acquisition. Management judgements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and estimates are typically applied in the valuation techniques </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for customer relationships and trademarks in determining the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">present value o<span class="_ _0"/>f future uncer<span class="_ _2"/>tain cash flows as well as the applied </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">discounting rate.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In accordance with IFRS 3, the acquisition method is applied when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accounting for business combinations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Acquirees are r<span class="_ _0"/>ecognised in the consolidated financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from the date o<span class="_ _0"/>f acquisition. The date of acquisition is the date when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL obtains control o<span class="_ _0"/>f the acquired activity<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assets, liabilities and contingent liabilities of the acquir<span class="_ _0"/>ee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measured at fair value at the acquisition date by applying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">appropriate valuation methods. Identifiable intangibles are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised if they are separable or arise fr<span class="_ _0"/>om a contractual right. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is recognised for identifiable tax benefits existing at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent considerations dep <span class="_ _2d"/>end <span class="_ _2d"/>ent on future events or the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of contractual obligations (earn-outs) are r<span class="_ _0"/>ecognised at<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value based on expected total future payments and form part of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the total consideration transferred. F<span class="_ _75"/>air value changes in contingent<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">considerations are recognised in the income statement until final </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">settlement. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The excess of the total consideration transferr<span class="_ _0"/>ed, the value of non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling interests and the fair value o<span class="_ _0"/>f any equity investments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">previously held in the acquiree over the total identifiable net assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at fair value are r<span class="_ _0"/>ecognised as goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ransaction costs inherent from the acquisition are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">the income statement when incurred.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITION OF ENK LOGISTICS CO<span class="_ _75"/>., LTD</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 19 October 2023, SGL Group signed the acquisition o<span class="_ _0"/>f 100% of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the shares in the South Kor<span class="_ _0"/>ea-based freight for<span class="_ _2"/>warding company </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ENK Logistics Co., Ltd. through the wholly owned subsidiary Scan </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Global Logistics Korea Co., L<span class="_ _0"/>td. With the acquisition, SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strengthens its position within the Asian region. Closing o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transaction was on 12 January 2024. The acquisition price for the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities was EUR 2m, financed through the cash position.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITION OF FOPPIANI SHIPPING &amp; LOGISTICS GROUP</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 24 April 2024, SGL Group ApS through its wholly-owned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiar<span class="_ _2"/>y Scan Global Logistics A/S, signed an agreement to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquire 100% o<span class="_ _0"/>f the shares in Foppiani Shipping &amp; Logistics. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foppiani Shipping &amp; Logistics is a leading Italian freight forwarder </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">headquar<span class="_ _2"/>tered in Prato, specialising in air and ocean fr<span class="_ _0"/>eight ser<span class="_ _2"/>vices<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for fashion, furniture, high-end Italian pr<span class="_ _0"/>oducts and automotive<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sectors. Foppiani Shipping &amp; Logistics generates a yearly revenue of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR 115m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquisition of Foppiani Shipping &amp; Logistics pr<span class="_ _0"/>ovides SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group with an operational platform in Italy<span class="_ _75"/>, enabling SGL Group to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">establish a strategic presence in Italy and giving a strategic platform </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to scale the business and expand its global presence to the benefit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of customers. Most importantly<span class="_ _0"/>, Foppiani Shipping &amp; Logistics </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">will bring additional human capital with comprehensive industry<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">knowledge and niche experience; people with a perfect match to<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s DNA and culture.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Closing of the transaction was on 3 June 2024. The acquisition </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">price for the activities was EUR 99m, financed through the issue </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of new senior secur<span class="_ _0"/>ed bonds. Fees and expenses linked to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition were EUR 1m and recognised as special items in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income statement.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of acquired net assets and recognised goodwill<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of acquired net assets has been identified, and goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised. Net assets and contingent liabilities recognised at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date are, to some extent, still provisional. Adjustments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">may be applied to these amounts for a period of up to twelve </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">months from the acquisition date in accordance with IFRS 3. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill primarily relates to synergy effects fr<span class="_ _0"/>om integration with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group and, over time, from leveraging the business model’<span class="_ _4"/>s<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strength and utilising the network effect, including synergies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">through the scale o<span class="_ _0"/>f operations and M&amp;A. Goodwill is non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">deductible for tax purposes. Goodwill amounts to EUR 51m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earnings impact</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During the seven months after the acquisition date, Foppiani Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contributed with EUR 103m to the Group<span class="_ _75"/>’<span class="_ _75"/>s revenue and EUR 6m </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the Group<span class="_ _75"/>’<span class="_ _75"/>s result after tax. If the acquisition had occurred on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1 January 2024, the Group<span class="_ _0"/>’<span class="_ _75"/>s consolidated pro forma revenue and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pro<span class="_ _0"/>fit af<span class="_ _2"/>ter tax would have amounted to approx. EUR 2,435m and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR (49)m, respectively<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value measurement</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Material net assets acquired for which significant estimates have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been applied in the fair value assessment have been recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">using the following valuation techniques:<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships have been measured using a multi-period </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">excess earnings model (MEEM), by which the present value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future cash flows from r<span class="_ _0"/>ecurring contract customers expected to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be retained after the date of acquisition has been valuated using a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">W<span class="_ _0"/>AC<span class="_ _0"/>C of 14.71% as discount rate. In total, customer relationships </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounting to EUR 9m have been included in the opening balance. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The main input value drivers in the MEEM model used are the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimated future retention rate and net cash flow o<span class="_ _0"/>f the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contract customer base. These inputs have been estimated based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on Management’<span class="_ _75"/>s professional judgement from analysis o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquired customer base, historical data, and general business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insight.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>rade receivables and payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of trade receivables and trade payables has been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at the contractual amount expected to be received or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">paid. In addition, collectability has been taken into consideration </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on trade receivables. The amounts have not been discounted, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maturity on trade receivables- and payables are generally very shor<span class="_ _2"/>t </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the discounted effect therefore immaterial.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities have been measured at the present value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the repayable amounts discounted using a repr<span class="_ _0"/>esentative SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate unless the discount effect is insignificant. An SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate has been applied as SGL vouches for the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt, hence the credit enhancement o<span class="_ _0"/>f the Group has been applied </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the valuation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITION OF BLU LOGISTICS BRASIL TRANSPORTES </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">INTERNACIONAIS L<span class="_ _75"/>TDA.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 11 July 2024, SGL Group ApS through its wholly-owned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiar<span class="_ _2"/>y Scan Global Logistics A/S, signed an agreement to acquire </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">100% of the shar<span class="_ _0"/>es in Blu Logistics Brasil T<span class="_ _75"/>ranspor<span class="_ _2"/>tes Internacionais </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">L<span class="_ _75"/>TDA.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Blu Logistics is a leading Brazilian freight forwarder headquar<span class="_ _2"/>tered </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Sao P<span class="_ _0"/>aulo, specialising in air and ocean freight ser<span class="_ _2"/>vices with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjacent offerings including custom clearance, truckload and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cabotage. In 2023, Blu Logistics generated yearly revenue o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">approximately BRL 570m, equivalent to EUR 106m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquisition provides SGL Group with a significant operational </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">platform in Brazil, enabling the establishment of a strategic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presence and scalability<span class="_ _75"/>. This platform supports global expansion<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and enhances customer ser<span class="_ _2"/>vice capabilities. Most impor<span class="_ _2"/>tantly<span class="_ _0"/>, Blu </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Logistics will bring additional human capital with comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">industr<span class="_ _2"/>y knowledge and niche experience; people who are a perfect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">match to SGL Group<span class="_ _75"/>’<span class="_ _75"/>s DNA and culture.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Closing of the transaction was on 2 September 2024. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition price for the activities was EUR 86m, including the fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value of contingent consideration o<span class="_ _0"/>f EUR 64m (discounted using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the DCF method), contingent upon Blu Logistics’ future financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance and other uncer<span class="_ _2"/>tain positions. The contingent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration has a maximum payment value of EUR 94m. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition was financed through the cash position.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Fees and expenses linked to the acquisition were EUR 1m and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as special items in the income statement. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of acquired net assets and recognised goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of acquired net assets has been identified and goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised. Net assets and contingent liabilities recognised at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date are to some extent still provisional. Adjustments may </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be applied to these amounts for a period of up to twelve months </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from the acquisition date in accordance with IFRS 3.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill primarily relates to synergy effects fr<span class="_ _0"/>om integration with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group and, over time, from leveraging the business model’<span class="_ _4"/>s<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strength and utilising the network effect including synergies thr<span class="_ _0"/>ough </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the scale of operations and M&amp;A. Goodwill is non-deductible for tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purposes. Goodwill amounts to EUR 94m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earnings impact </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During the four months after the acquisition date, Blu Logistics<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contributed with EUR 73m to the Group<span class="_ _75"/>’<span class="_ _75"/>s revenue and EUR 4m </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the Group<span class="_ _75"/>’<span class="_ _75"/>s result after tax. If the acquisition had occurred on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1 January 2024, the Group<span class="_ _0"/>’<span class="_ _75"/>s consolidated pro forma revenue and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pro<span class="_ _0"/>fit af<span class="_ _2"/>ter tax would have amounted to approx. EUR 2,502m and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR (49)m, respectively<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value measurement</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Material net assets acquired for which significant estimates have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been applied in the fair value assessment have been recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">using the following valuation techniques: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships have been measured using a multi-period </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">excess earnings model (MEEM), by which the present value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future cash flows from r<span class="_ _0"/>ecurring contract customers expected to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be retained after the date of acquisition has been valuated using a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">W<span class="_ _0"/>AC<span class="_ _0"/>C of 17.20% as discount rate. In total, customer relationships </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounting to EUR 5m have been included in the opening balance.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The main input value drivers in the MEEM model used are the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimated future retention rate and net cash flow o<span class="_ _0"/>f the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contract customer base. These inputs have been estimated based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management’<span class="_ _75"/>s professional judgement from analysis o<span class="_ _0"/>f the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer base, historical data, and general business insight.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>rade receivables and payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of trade receivables and trade payables has been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at the contractual amount expected to be received or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">paid. In addition, collectability has been taken into consideration </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on trade receivables. The amounts have not been discounted, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maturity on trade receivables- and payables are generally very shor<span class="_ _2"/>t </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the discounted effect therefore immaterial.<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities have been measured at the present value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the repayable amounts discounted using a repr<span class="_ _0"/>esentative SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate unless the discount effect is insignificant. An SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate has been applied as SGL vouches for the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt, hence the credit enhancement o<span class="_ _0"/>f the Group has been applied </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the valuation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITIONS IN 2023<span class="_ _2"/><span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 23 May 2023, SGL Group ApS acquired 100% o<span class="_ _0"/>f the shares in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Scan Global Logistics Group. SGL Group ApS was established by Skill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Luxembourg Holding S.á.r<span class="_ _4"/>.l., and for the sole purpose of acquiring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the shares in the group. The acquisition price for the gr<span class="_ _0"/>oup was EUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1,548m, of which EUR 359m was r<span class="_ _0"/>elated to a pre-existing relationship </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to bonds issued by the acquired gr<span class="_ _0"/>oup. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financing of the activities was partly provided by the issue of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">senior secured bonds o<span class="_ _0"/>f EUR 750m and through capital injection </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from its parent company<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The goodwill arising from the acquisition amounted to EUR 1,205m </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and customer relations o<span class="_ _0"/>f EUR 182m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 4 July 2023, we acquired 100% o<span class="_ _0"/>f the shares in the Germany-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based freight forwarding company ETS Group for the purchase price </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of EUR 28m, r<span class="_ _0"/>esulting in fair value of acquired net assets o<span class="_ _0"/>f EUR 6m, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill of EUR 16m and customer r<span class="_ _0"/>elations net of deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of EUR 6m. The acquisition o<span class="_ _0"/>f ETS Group has strengthened SGL<span class="_ _4"/>’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position within the EMEA region. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The purchase price allocation was finalised during 2024 and did not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lead to any adjustments to the provisional purchase price.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During 2023 we acquired Sand Road Freight A/S, Beglobe Sàrl, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">FLS - Freight &amp; Logistics Solutions, Lda., 3PL, Global Cargo, Inc., IP<span class="_ _4"/>AC </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">International P<span class="_ _0"/>acking &amp; Crate LLC and Gar<span class="_ _0"/>dermoen Par<span class="_ _0"/>cel Xpress </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">DA. All these acquisitions str<span class="_ _0"/>engthened our global presence in both </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">new- and existing markets.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These acquisitions resulted in fair value o<span class="_ _0"/>f acquired net assets of EUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">8m, goodwill of EUR 8m and customer r<span class="_ _0"/>elations net of deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of EUR 6m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The purchase price allocations were finalised during 2024 and did </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not lead to any significant adjustments to the provisional purchase </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">price.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Please refer to the Annual Report for 2023 for fur<span class="_ _2"/>ther details of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">INT<span class="_ _75"/>ANGIBLE ASSETS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:472.453125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 794.994px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 723.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 252.234px; top: 22.5449px; width: 152.561px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GOODWILL </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CUST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMER</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.359px; top: 22.5449px; width: 267.211px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRADEMARKS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 43.2716px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOFTWARE</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOF</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TWARE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 763.828px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.359px; top: 33.0449px; width: 54.8203px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RELA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 662.219px; top: 33.0449px; width: 37.8281px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 623.234px; top: 43.5449px; width: 74.6191px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DEVELOPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 64.5293px; width: 794.033px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,217 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 196 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,448 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 87.4355px; width: 790.576px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 22</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 110.342px; width: 790.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 250.506px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 133.248px; width: 790.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 156.154px; width: 790.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">161</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 179.061px; width: 790.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 202.008px; width: 790.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.793px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,381 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">215 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,645</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 257.436px; width: 793.676px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> 2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 280.342px; width: 793.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.615px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 303.248px; width: 790.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 51</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 326.17px; width: 790.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfers</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.244px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 349.076px; width: 790.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 372.023px; width: 790.559px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisations at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">58</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 394.93px; width: 110.273px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 275px; top: 403.18px; width: 519.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,381</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">157</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,575</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 411.43px; width: 96.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 459.336px; width: 597.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-7 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:472.453125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 794.701px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 723.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 251.391px; top: 22.5449px; width: 152.561px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GOODWILL </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CUST</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMER</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.344px; top: 22.5449px; width: 267.211px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRADEMARKS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 43.2716px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOFTWARE</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">SOF</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TWARE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 764.828px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.359px; top: 33.0449px; width: 54.8203px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RELA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 661.938px; top: 33.0449px; width: 37.8281px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 623.625px; top: 43.5449px; width: 74.6191px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DEVELOPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 64.5293px; width: 793.77px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.277px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 87.4355px; width: 790.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 3.36328px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 110.342px; width: 790.641px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 250.506px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 133.248px; width: 790.898px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 156.154px; width: 790.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">198</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,457</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 179.061px; width: 790.939px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 202.008px; width: 790.646px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.42px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,217 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">196 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 1,448</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 257.436px; width: 793.605px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 280.357px; width: 793.764px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.615px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 303.264px; width: 790.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 326.17px; width: 790.641px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfers</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.244px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 349.076px; width: 790.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 241.992px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 372.023px; width: 790.529px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisations at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 394.93px; width: 110.273px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 276px; top: 403.18px; width: 519.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,217</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">178</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.6991px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,424</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.4375px; top: 411.43px; width: 96.9082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.78125px; top: 459.336px; width: 597.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-7 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations arising from business combinations ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised at fair value at acquisition. After commissioning, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are amortised on a straight<span class="_ _75"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life. When indications of impairment ar<span class="_ _0"/>e identified, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are tested for impair<span class="_ _0"/>ment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets arising from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations are recognised at fair value at acquisition. After </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, trademarks and other intangible assets are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised on a straight<span class="_ _75"/>-line basis over the expected useful life. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When indications of impairment ar<span class="_ _0"/>e identified, trademarks and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other intangible assets are tested for impairment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software includes acquired intangible rights and is measur<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at initial recognition at cost. So<span class="_ _0"/>f<span class="_ _2"/>tware acquired separately or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">developed for internal use is subsequently measured at cost less any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated amor<span class="_ _2"/>tisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Costs related to the development o<span class="_ _0"/>f software are calculated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as external costs, staff costs, amortisation and depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly attributable to the development o<span class="_ _0"/>f the software. After<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, software is amortised on a straight<span class="_ _0"/>-line basis over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the expected useful life.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses arising from the derecognition o<span class="_ _0"/>f an intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset are measured as the differ<span class="_ _0"/>ence between the net disposal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds and the asset’<span class="_ _75"/>s carr<span class="_ _2"/>ying amount. Gains or losses are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the income statement when the asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.<span class="_ _1"/>2<span class="_ _2"/> PR<span class="_ _2"/>O<span class="_ _2"/>PE<span class="_ _1"/>RT<span class="_ _1"/>Y<span class="_ _182"/>,<span class="_ _1"/> PL<span class="_ _1"/>AN<span class="_ _0"/>T<span class="_ _2"/> AN<span class="_ _2"/>D<span class="_ _2"/> E<span class="_ _2"/>Q<span class="_ _2"/>U<span class="_ _2"/>IPM<span class="_ _2"/>E<span class="_ _1"/>NT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">PROPERTY PL<span class="_ _2"/>ANT AND EQUIPMENT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:535.828125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 799.535px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 728.482px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 294.047px; top: 22.5449px; width: 41.1035px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LAND &amp; </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 390.047px; top: 22.5449px; width: 60.9199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PLANT AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 479.125px; top: 22.5449px; width: 89.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FIXTURES, TOOLS, </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 609.609px; top: 22.5449px; width: 75.457px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 768.469px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 277.453px; top: 33.0449px; width: 56.9883px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BUILDINGS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 387.656px; top: 33.0449px; width: 61.3477px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MACHINERY</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 495.594px; top: 33.0449px; width: 72.7734px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FITTINGS AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 603.344px; top: 33.0449px; width: 79.8867px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CONSTRUCTION</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.641px; top: 43.5449px; width: 60.0527px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EQUIPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 64.5293px; width: 798.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">99 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 87.4355px; width: 795.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3 </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 110.342px; width: 795.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 256.523px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.674px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">33</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 133.248px; width: 794.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 156.154px; width: 794.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 179.061px; width: 795.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 202.008px; width: 795.234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 178.225px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">103</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.891px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">133</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 247.779px; width: 798.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 270.686px; width: 798.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 293.592px; width: 795.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 316.498px; width: 795.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 339.42px; width: 795.064px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1) </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.148px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 362.367px; width: 795.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">35</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 385.273px; width: 794.777px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">68</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 431.086px; width: 116.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Right of use assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 453.951px; width: 794.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions (excluding acquisitions)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 476.857px; width: 794.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciations</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 499.764px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.252px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 522.711px; width: 561.094px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3-10 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:535.828125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 799.242px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 728.482px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 292.625px; top: 22.5449px; width: 41.1035px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LAND &amp; </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.125px; top: 22.5449px; width: 60.9199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PLANT AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 479.203px; top: 22.5449px; width: 89.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FIXTURES, TOOLS, </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 609.641px; top: 22.5449px; width: 75.457px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 768.688px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 277.156px; top: 33.0449px; width: 56.9883px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BUILDINGS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 387.656px; top: 33.0449px; width: 61.3477px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MACHINERY</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 494.719px; top: 33.0449px; width: 72.7734px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FITTINGS AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 603px; top: 33.0449px; width: 79.8867px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CONSTRUCTION</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.734px; top: 43.5449px; width: 60.0527px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EQUIPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 64.5293px; width: 797.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 221.789px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 87.4355px; width: 794.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.3029px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 110.342px; width: 795.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 263.502px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 133.248px; width: 795.094px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">73</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">92</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 156.154px; width: 795.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 179.061px; width: 794.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 202.008px; width: 794.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.891px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">99</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 247.779px; width: 798.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.283px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 270.686px; width: 798.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 293.592px; width: 795.393px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">13</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 316.514px; width: 795.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 339.42px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.367px; width: 795.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.434px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.273px; width: 794.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">64</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">13</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">83</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.086px; width: 116.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Right of use assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 453.951px; width: 794.871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions (excluding acquisitions)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 476.857px; width: 794.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciations</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 499.764px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.252px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">59</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 522.711px; width: 561.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-10 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Items of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment are measured at cost less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses. Cost includes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition price and costs directly related to the acquisition until the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time at which the asset is ready for use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When significant par<span class="_ _2"/>ts of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment must be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">replaced at intervals, SGL Group depreciates them separately based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on their specific useful lives. Likewise, when a major inspection is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed, its cost is recognised in the carr<span class="_ _2"/>ying amount of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment as a replacement if the recognition criteria ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">satisfied. All other repair and maintenance costs are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement as incurred.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The depreciation basis is the cost minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight<span class="_ _4"/>-line basis over each asset’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life on cost price minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An item of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment, and any significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t initially recognised is der<span class="_ _0"/>ecognised upon disposal, or when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no future economic benefits are expected fr<span class="_ _0"/>om its use or disposal. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Any gain or loss arising on derecognition o<span class="_ _0"/>f the asset, calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the net disposal proceeds and the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of the asset, is included in the income statement when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use Assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Whether a contract contains a lease is assessed at contract inception. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For identified leases, a right<span class="_ _75"/>-of<span class="_ _75"/>-use asset and corresponding lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability are recognised on the lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon initial recognition, the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset is measured at a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost corresponding to the lease liability recognised, adjusted for any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease prepayments or directly r<span class="_ _0"/>elated costs, including dismantling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and restoration costs. The lease liability is measured at the pr<span class="_ _0"/>esent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value of lease payments o<span class="_ _0"/>f the leasing period discounted using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate implicit in the lease contract. In cases where the implicit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate cannot be determined, an appr<span class="_ _0"/>opriate incremental </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate is used. Extension options are only included in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determining the lease period if reasonably certain they will be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At subsequent measurement, the right<span class="_ _4"/>-of<span class="_ _0"/>-use-asset is measured less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses and adjusted for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">any remeasurements o<span class="_ _0"/>f the lease liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is carried out following the straight<span class="_ _75"/>-line method over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the lease term or the useful life of the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset, whichever </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is shor<span class="_ _2"/>test. The lease liability is measured at amortised cost using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effective interest method and adjusted for any remeasur<span class="_ _0"/>ements or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">modifications made to the contract.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension options are only included in the lease term if a lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extension is reasonably certain. The majority of extension and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">termination options held are exer<span class="_ _0"/>cisable only by SGL Group and not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by the respective lessor<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use assets and lease liabilities are not recognised for low-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value lease assets or leases with a lease term of 12 months or less. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These are recognised as an expense on a straight<span class="_ _4"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease term. Any ser<span class="_ _2"/>vice elements separable from the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are also accounted for following the same principle.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use-assets classified as land and buildings, mainly relate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to leases of o<span class="_ _0"/>ffices and warehouses. In contrast, assets recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as other assets mainly relate to trailers, trucks, company cars and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forklift leases.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment test</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill, customer relations, trademarks and other intangible assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">were tested for impairment on 31 December 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A discounted cash flow model (DCF) has been used to determine </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the recoverable amount per business segment on a value-in-use </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 2-year strategy plan covers each focus area, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions have been applied related to growth in expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes and the expectation of the market development. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Fur<span class="_ _2"/>thermore, new and potential contract wins have been factor<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into the plan affecting several business segments and companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">within SGL Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment test did not result in any impairment o<span class="_ _0"/>f the carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of goodwill allocated to each business segment. In that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">connection, a sensitivity analysis was performed to assess whether </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">changes in key assumptions would have led to any impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses being recognised. The analysis showed that potential </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable changes in the future cash flow would not indicate a need </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for an impairment of goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, Management estimated that likely changes to the key </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions would not result in the carrying amount of goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exceeding the recoverable amount.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most significant assumptions for the impairment are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">The following W<span class="_ _0"/>AC<span class="_ _0"/>C has been applied in the calculation of the </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">different segments: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Air &amp; Ocean: 11.7%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Road: 10.8%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _72"> </span><span class="ws1">Solutions: 11.2%</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">The basis for the calculation is the 2025 budget, the 2026-2027 </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strategy plan and the 2028 projection year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An expectation has been applied to the projection year and in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">terminal period, in which SGL Group is anticipated to gr<span class="_ _0"/>ow with the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected annual market growth o<span class="_ _0"/>f 2%.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assumptions applied are further subject to the development of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">global economy<span class="_ _75"/>, of which management considers the outlook for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significant regions, in particularly Nor<span class="_ _2"/>th America and Europe, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ongoing volatility is anticipated to remain constant in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Significant factors relevant to the future net cash flow for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">segments:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Air &amp; Ocean</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Air &amp; Ocean segment operates globally<span class="_ _75"/>, which means that the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">global economic and world trade impact the future cash flow<span class="_ _75"/>. Gross </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pro<span class="_ _0"/>fit per consignment, including utilisation, cost management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">initiatives and development in internal productivity<span class="_ _75"/>, will also affect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the cash flow<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Road</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Road segment mainly operates in Europe and North America, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">so the future cash flow is affected primarily by the growth rates in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">America and the European countries. Gross pr<span class="_ _0"/>ofit per consignment, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including utilisation, cost management initiatives and development </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in internal productivity<span class="_ _75"/>, will also affect the cash flow<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Solutions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Solutions segment mainly operates in Denmark, so the future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash flow is affected primarily by the growth rates in Denmark. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The development in lease cost and other costs related to services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">provided, including utilisation o<span class="_ _0"/>f warehouse facilities, cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management initiatives and development in internal productivity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">will also affect the cash flow<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sensitivity analysis</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Based on the key assumptions listed, we see no indications of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment. The assumptions applied in the impairment test are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not sensitive to probable fluctuations, which would result in an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment loss, neither combined nor individually<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IMP<span class="_ _75"/>AIRMENT TEST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:329.25px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 178.203px; top: 0.0078125px; width: 126.744px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">KEY ASSUMPTIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 148.75px; top: 22.5449px; width: 48.1113px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">VERAGE </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 230.234px; top: 22.5449px; width: 54.4629px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TERMINAL </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.859px; top: 22.5449px; width: 44.5078px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PRE-T</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 124.234px; top: 33.0449px; width: 72.9316px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROSS PROFIT </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 244.484px; top: 33.0449px; width: 39.4746px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PERIOD </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.531px; top: 33.0449px; width: 54.7734px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">DISCOUNT </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 116.859px; top: 43.5449px; width: 78.0117px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROWTH RA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE*</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 235.984px; top: 43.5449px; width: 46.2246px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROWTH</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 352.703px; top: 43.5449px; width: 24.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 72.0078px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 94.873px; width: 373.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11.7%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 117.779px; width: 373.283px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10.8%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 140.686px; width: 373.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11.2%</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 198.008px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 220.873px; width: 373.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.6%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 243.779px; width: 373.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.4px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.1%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 266.686px; width: 373.418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12.5%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 299.258px; width: 372.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"><span style="display: inline-block;">* The average gross pro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit growth rate comprises the full budget, strategy </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 317.258px; width: 135.199px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"><span style="display: inline-block;">period and projection year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 12px; font-family: ffa; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of goodwill is tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The tests are conducted for each cash-generating unit (C<span class="_ _0"/>GU) to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which the goodwill is allocated. As goodwill is allocated to SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s activity, it follows the structur<span class="_ _0"/>e of the segment information </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in note 2.1.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment is determined for goodwill by assessing the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount o<span class="_ _0"/>f each CGU to which the goodwill relates. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When the recoverable amount o<span class="_ _0"/>f the CGU is less than its carr<span class="_ _2"/>ying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, an impairment loss is recognised. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In assessing the recoverable amount, the estimated future cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows are discounted to their present value using a pr<span class="_ _0"/>e-tax discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate. The discount rate used in the impairment test is the weighted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">average cost of capital (W<span class="_ _75"/>ACC), which comprises curr<span class="_ _0"/>ent market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions for the cost of equity and cost o<span class="_ _0"/>f debt. The discount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate is calculated for each CGU and r<span class="_ _0"/>eflects the related risks, such as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">geographical and financial exposure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In connection with the impairment tests, Management estimates, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">e.g., revenue development, gross pr<span class="_ _0"/>ofit, operating margin, W<span class="_ _75"/>ACC </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and growth rate in the terminal period. The estimates ar<span class="_ _0"/>e made<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per business segment and are determined based on historical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">experience and assumptions about the future development within </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">each segment, including the expected long-term average market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth rates.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arising from business combinations is recognised and is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stated as the difference between the consideration paid and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value of the identified net assets. Goodwill is not amortised but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment if there ar<span class="_ _0"/>e indications of impairment, or at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">least once a year<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arising from business combinations is recognised and is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stated as the difference between the consideration paid and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value of the identified net assets. Goodwill is not amortised but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment if there ar<span class="_ _0"/>e indications of impairment, or at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">least once a year<span class="_ _4"/>.</span></span><span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations arising from business combinations ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised at fair value at acquisition. After commissioning, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are amortised on a straight<span class="_ _75"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life. When indications of impairment ar<span class="_ _0"/>e identified, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are tested for impair<span class="_ _0"/>ment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets arising from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations are recognised at fair value at acquisition. After </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, trademarks and other intangible assets are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised on a straight<span class="_ _75"/>-line basis over the expected useful life. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When indications of impairment ar<span class="_ _0"/>e identified, trademarks and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other intangible assets are tested for impairment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software includes acquired intangible rights and is measur<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at initial recognition at cost. So<span class="_ _0"/>f<span class="_ _2"/>tware acquired separately or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">developed for internal use is subsequently measured at cost less any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated amor<span class="_ _2"/>tisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Costs related to the development o<span class="_ _0"/>f software are calculated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as external costs, staff costs, amortisation and depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly attributable to the development o<span class="_ _0"/>f the software. After<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, software is amortised on a straight<span class="_ _0"/>-line basis over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the expected useful life.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses arising from the derecognition o<span class="_ _0"/>f an intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset are measured as the differ<span class="_ _0"/>ence between the net disposal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds and the asset’<span class="_ _75"/>s carr<span class="_ _2"/>ying amount. Gains or losses are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the income statement when the asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other non-current intangible assets, pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of other non-current assets is tested for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment when an indication of impairment is identified. Such </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets are further tested as par<span class="_ _2"/>t of the C<span class="_ _0"/>GU which the asset forms </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t of<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher o<span class="_ _0"/>f the fair value of the assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">less the expected costs of sale and the value in use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Where an impairment loss is r<span class="_ _0"/>ecognised on a group of assets, a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loss must first be allocated to goodwill and then to the other assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proportionally<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use Assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Whether a contract contains a lease is assessed at contract inception. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For identified leases, a right<span class="_ _75"/>-of<span class="_ _75"/>-use asset and corresponding lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability are recognised on the lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon initial recognition, the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset is measured at a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost corresponding to the lease liability recognised, adjusted for any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease prepayments or directly r<span class="_ _0"/>elated costs, including dismantling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and restoration costs. The lease liability is measured at the pr<span class="_ _0"/>esent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value of lease payments o<span class="_ _0"/>f the leasing period discounted using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate implicit in the lease contract. In cases where the implicit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate cannot be determined, an appr<span class="_ _0"/>opriate incremental </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate is used. Extension options are only included in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determining the lease period if reasonably certain they will be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At subsequent measurement, the right<span class="_ _4"/>-of<span class="_ _0"/>-use-asset is measured less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses and adjusted for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">any remeasurements o<span class="_ _0"/>f the lease liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is carried out following the straight<span class="_ _75"/>-line method over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the lease term or the useful life of the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset, whichever </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is shor<span class="_ _2"/>test. The lease liability is measured at amortised cost using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effective interest method and adjusted for any remeasur<span class="_ _0"/>ements or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">modifications made to the contract.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension options are only included in the lease term if a lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extension is reasonably certain. The majority of extension and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">termination options held are exer<span class="_ _0"/>cisable only by SGL Group and not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by the respective lessor<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use assets and lease liabilities are not recognised for low-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value lease assets or leases with a lease term of 12 months or less. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These are recognised as an expense on a straight<span class="_ _4"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease term. Any ser<span class="_ _2"/>vice elements separable from the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are also accounted for following the same principle.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use-assets classified as land and buildings, mainly relate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to leases of o<span class="_ _0"/>ffices and warehouses. In contrast, assets recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as other assets mainly relate to trailers, trucks, company cars and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forklift leases.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arising from business combinations is recognised and is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">stated as the difference between the consideration paid and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value of the identified net assets. Goodwill is not amortised but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment if there ar<span class="_ _0"/>e indications of impairment, or at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">least once a year<span class="_ _4"/>.</span></span><span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations arising from business combinations ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised at fair value at acquisition. After commissioning, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are amortised on a straight<span class="_ _75"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life. When indications of impairment ar<span class="_ _0"/>e identified, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are tested for impair<span class="_ _0"/>ment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets arising from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations are recognised at fair value at acquisition. After </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, trademarks and other intangible assets are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised on a straight<span class="_ _75"/>-line basis over the expected useful life. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When indications of impairment ar<span class="_ _0"/>e identified, trademarks and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other intangible assets are tested for impairment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software includes acquired intangible rights and is measur<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at initial recognition at cost. So<span class="_ _0"/>f<span class="_ _2"/>tware acquired separately or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">developed for internal use is subsequently measured at cost less any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated amor<span class="_ _2"/>tisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Costs related to the development o<span class="_ _0"/>f software are calculated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as external costs, staff costs, amortisation and depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly attributable to the development o<span class="_ _0"/>f the software. After<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, software is amortised on a straight<span class="_ _0"/>-line basis over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the expected useful life.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses arising from the derecognition o<span class="_ _0"/>f an intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset are measured as the differ<span class="_ _0"/>ence between the net disposal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds and the asset’<span class="_ _75"/>s carr<span class="_ _2"/>ying amount. Gains or losses are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the income statement when the asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other non-current intangible assets, pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of other non-current assets is tested for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment when an indication of impairment is identified. Such </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets are further tested as par<span class="_ _2"/>t of the C<span class="_ _0"/>GU which the asset forms </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t of<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher o<span class="_ _0"/>f the fair value of the assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">less the expected costs of sale and the value in use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Where an impairment loss is r<span class="_ _0"/>ecognised on a group of assets, a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loss must first be allocated to goodwill and then to the other assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proportionally<span class="_ _0"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations arising from business combinations ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised at fair value at acquisition. After commissioning, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are amortised on a straight<span class="_ _75"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life. When indications of impairment ar<span class="_ _0"/>e identified, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are tested for impair<span class="_ _0"/>ment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets arising from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations are recognised at fair value at acquisition. After </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, trademarks and other intangible assets are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised on a straight<span class="_ _75"/>-line basis over the expected useful life. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When indications of impairment ar<span class="_ _0"/>e identified, trademarks and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other intangible assets are tested for impairment.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relations arising from business combinations ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised at fair value at acquisition. After commissioning, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are amortised on a straight<span class="_ _75"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life. When indications of impairment ar<span class="_ _0"/>e identified, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer relations are tested for impair<span class="_ _0"/>ment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rademarks and other intangible assets arising from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations are recognised at fair value at acquisition. After </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, trademarks and other intangible assets are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised on a straight<span class="_ _75"/>-line basis over the expected useful life. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When indications of impairment ar<span class="_ _0"/>e identified, trademarks and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other intangible assets are tested for impairment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software includes acquired intangible rights and is measur<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at initial recognition at cost. So<span class="_ _0"/>f<span class="_ _2"/>tware acquired separately or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">developed for internal use is subsequently measured at cost less any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated amor<span class="_ _2"/>tisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Costs related to the development o<span class="_ _0"/>f software are calculated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as external costs, staff costs, amortisation and depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly attributable to the development o<span class="_ _0"/>f the software. After<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">commissioning, software is amortised on a straight<span class="_ _0"/>-line basis over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the expected useful life.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses arising from the derecognition o<span class="_ _0"/>f an intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset are measured as the differ<span class="_ _0"/>ence between the net disposal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds and the asset’<span class="_ _75"/>s carr<span class="_ _2"/>ying amount. Gains or losses are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the income statement when the asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other non-current intangible assets, pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of other non-current assets is tested for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment when an indication of impairment is identified. Such </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets are further tested as par<span class="_ _2"/>t of the C<span class="_ _0"/>GU which the asset forms </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t of<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher o<span class="_ _0"/>f the fair value of the assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">less the expected costs of sale and the value in use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Where an impairment loss is r<span class="_ _0"/>ecognised on a group of assets, a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loss must first be allocated to goodwill and then to the other assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proportionally<span class="_ _0"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.<span class="_ _1"/>2<span class="_ _2"/> PR<span class="_ _2"/>O<span class="_ _2"/>PE<span class="_ _1"/>RT<span class="_ _1"/>Y<span class="_ _182"/>,<span class="_ _1"/> PL<span class="_ _1"/>AN<span class="_ _0"/>T<span class="_ _2"/> AN<span class="_ _2"/>D<span class="_ _2"/> E<span class="_ _2"/>Q<span class="_ _2"/>U<span class="_ _2"/>IPM<span class="_ _2"/>E<span class="_ _1"/>NT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">PROPERTY PL<span class="_ _2"/>ANT AND EQUIPMENT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:535.828125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 799.535px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 728.482px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 294.047px; top: 22.5449px; width: 41.1035px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LAND &amp; </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 390.047px; top: 22.5449px; width: 60.9199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PLANT AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 479.125px; top: 22.5449px; width: 89.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FIXTURES, TOOLS, </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 609.609px; top: 22.5449px; width: 75.457px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 768.469px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 277.453px; top: 33.0449px; width: 56.9883px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BUILDINGS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 387.656px; top: 33.0449px; width: 61.3477px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MACHINERY</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 495.594px; top: 33.0449px; width: 72.7734px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FITTINGS AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 603.344px; top: 33.0449px; width: 79.8867px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CONSTRUCTION</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.641px; top: 43.5449px; width: 60.0527px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EQUIPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 64.5293px; width: 798.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">99 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 87.4355px; width: 795.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3 </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 110.342px; width: 795.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 256.523px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.674px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">33</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 133.248px; width: 794.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 156.154px; width: 794.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 179.061px; width: 795.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 202.008px; width: 795.234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 178.225px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">103</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.891px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">133</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 247.779px; width: 798.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 270.686px; width: 798.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 293.592px; width: 795.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 316.498px; width: 795.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 339.42px; width: 795.064px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1) </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.148px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 362.367px; width: 795.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">35</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 385.273px; width: 794.777px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">68</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 431.086px; width: 116.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Right of use assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 453.951px; width: 794.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions (excluding acquisitions)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 476.857px; width: 794.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciations</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 499.764px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.252px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 522.711px; width: 561.094px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3-10 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:535.828125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 799.242px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 728.482px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 292.625px; top: 22.5449px; width: 41.1035px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LAND &amp; </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.125px; top: 22.5449px; width: 60.9199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PLANT AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 479.203px; top: 22.5449px; width: 89.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FIXTURES, TOOLS, </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 609.641px; top: 22.5449px; width: 75.457px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 768.688px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 277.156px; top: 33.0449px; width: 56.9883px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BUILDINGS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 387.656px; top: 33.0449px; width: 61.3477px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MACHINERY</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 494.719px; top: 33.0449px; width: 72.7734px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FITTINGS AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 603px; top: 33.0449px; width: 79.8867px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CONSTRUCTION</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.734px; top: 43.5449px; width: 60.0527px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EQUIPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 64.5293px; width: 797.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 221.789px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 87.4355px; width: 794.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.3029px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 110.342px; width: 795.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 263.502px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 133.248px; width: 795.094px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">73</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">92</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 156.154px; width: 795.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 179.061px; width: 794.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 202.008px; width: 794.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.891px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">99</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 247.779px; width: 798.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.283px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 270.686px; width: 798.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 293.592px; width: 795.393px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">13</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 316.514px; width: 795.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 339.42px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.367px; width: 795.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.434px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.273px; width: 794.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">64</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">13</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">83</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.086px; width: 116.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Right of use assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 453.951px; width: 794.871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions (excluding acquisitions)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 476.857px; width: 794.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciations</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 499.764px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.252px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">59</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 522.711px; width: 561.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-10 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to our asset<span class="_ _75"/>-light business model, proper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment within SGL Group<span class="_ _75"/>’<span class="_ _75"/>s control comprise a lesser par<span class="_ _2"/>t of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">total assets. In 2024, property<span class="_ _0"/>, plant and equipment comprised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4% of total assets (2023: 4%). The main part of the physical assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprises leased buildings, leased vehicles and equipment for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">warehouse activities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AMOUNTS RECOGNISED IN THE INCOME ST<span class="_ _4"/>ATEMENT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:98.302734375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 376.846px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 236.391px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 22.873px; width: 209.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest costs relating to lease liabil-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 299.828px; top: 31.123px; width: 76.8398px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 39.373px; width: 23.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ities</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 62.2793px; width: 372.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Shor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-term lease costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 85.1855px; width: 372.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Low-value lease costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.889px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Estimates are made in assessing the useful lives o<span class="_ _0"/>f items of property<span class="_ _0"/>, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment that determine the period over which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the depreciable amount o<span class="_ _0"/>f the asset is expensed to the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement. The depreciable amount o<span class="_ _0"/>f an item of property<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment is a function of the asset’<span class="_ _75"/>s cost or carr<span class="_ _2"/>ying amount and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">its residual value. Estimates are made to assess the amount that SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group can recover at the end o<span class="_ _0"/>f the useful life of an asset. An annual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">review is performed to assess the appropriateness o<span class="_ _0"/>f the depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method, useful life and residual values o<span class="_ _0"/>f items of property<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Items of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment are measured at cost less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses. Cost includes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition price and costs directly related to the acquisition until the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time at which the asset is ready for use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When significant par<span class="_ _2"/>ts of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment must be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">replaced at intervals, SGL Group depreciates them separately based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on their specific useful lives. Likewise, when a major inspection is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed, its cost is recognised in the carr<span class="_ _2"/>ying amount of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment as a replacement if the recognition criteria ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">satisfied. All other repair and maintenance costs are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement as incurred.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The depreciation basis is the cost minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight<span class="_ _4"/>-line basis over each asset’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life on cost price minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An item of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment, and any significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t initially recognised is der<span class="_ _0"/>ecognised upon disposal, or when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no future economic benefits are expected fr<span class="_ _0"/>om its use or disposal. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Any gain or loss arising on derecognition o<span class="_ _0"/>f the asset, calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the net disposal proceeds and the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of the asset, is included in the income statement when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use Assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Whether a contract contains a lease is assessed at contract inception. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For identified leases, a right<span class="_ _75"/>-of<span class="_ _75"/>-use asset and corresponding lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability are recognised on the lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon initial recognition, the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset is measured at a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost corresponding to the lease liability recognised, adjusted for any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease prepayments or directly r<span class="_ _0"/>elated costs, including dismantling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and restoration costs. The lease liability is measured at the pr<span class="_ _0"/>esent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value of lease payments o<span class="_ _0"/>f the leasing period discounted using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate implicit in the lease contract. In cases where the implicit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate cannot be determined, an appr<span class="_ _0"/>opriate incremental </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate is used. Extension options are only included in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determining the lease period if reasonably certain they will be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At subsequent measurement, the right<span class="_ _4"/>-of<span class="_ _0"/>-use-asset is measured less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses and adjusted for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">any remeasurements o<span class="_ _0"/>f the lease liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is carried out following the straight<span class="_ _75"/>-line method over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the lease term or the useful life of the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset, whichever </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is shor<span class="_ _2"/>test. The lease liability is measured at amortised cost using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effective interest method and adjusted for any remeasur<span class="_ _0"/>ements or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">modifications made to the contract.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension options are only included in the lease term if a lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extension is reasonably certain. The majority of extension and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">termination options held are exer<span class="_ _0"/>cisable only by SGL Group and not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by the respective lessor<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use assets and lease liabilities are not recognised for low-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value lease assets or leases with a lease term of 12 months or less. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These are recognised as an expense on a straight<span class="_ _4"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease term. Any ser<span class="_ _2"/>vice elements separable from the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are also accounted for following the same principle.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use-assets classified as land and buildings, mainly relate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to leases of o<span class="_ _0"/>ffices and warehouses. In contrast, assets recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as other assets mainly relate to trailers, trucks, company cars and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forklift leases.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.<span class="_ _1"/>2<span class="_ _2"/> PR<span class="_ _2"/>O<span class="_ _2"/>PE<span class="_ _1"/>RT<span class="_ _1"/>Y<span class="_ _182"/>,<span class="_ _1"/> PL<span class="_ _1"/>AN<span class="_ _0"/>T<span class="_ _2"/> AN<span class="_ _2"/>D<span class="_ _2"/> E<span class="_ _2"/>Q<span class="_ _2"/>U<span class="_ _2"/>IPM<span class="_ _2"/>E<span class="_ _1"/>NT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">PROPERTY PL<span class="_ _2"/>ANT AND EQUIPMENT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:535.828125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 799.535px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 728.482px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 294.047px; top: 22.5449px; width: 41.1035px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LAND &amp; </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 390.047px; top: 22.5449px; width: 60.9199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PLANT AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 479.125px; top: 22.5449px; width: 89.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FIXTURES, TOOLS, </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 609.609px; top: 22.5449px; width: 75.457px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 768.469px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 277.453px; top: 33.0449px; width: 56.9883px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BUILDINGS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 387.656px; top: 33.0449px; width: 61.3477px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MACHINERY</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 495.594px; top: 33.0449px; width: 72.7734px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FITTINGS AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 603.344px; top: 33.0449px; width: 79.8867px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CONSTRUCTION</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.641px; top: 43.5449px; width: 60.0527px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EQUIPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 64.5293px; width: 798.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">99 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 87.4355px; width: 795.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3 </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 110.342px; width: 795.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 256.523px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.674px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">33</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 133.248px; width: 794.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 156.154px; width: 794.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 179.061px; width: 795.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 202.008px; width: 795.234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 178.225px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">103</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">20 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.891px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">133</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 247.779px; width: 798.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.135px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 270.686px; width: 798.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 293.592px; width: 795.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 316.498px; width: 795.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 339.42px; width: 795.064px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1) </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.148px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 362.367px; width: 795.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">35</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 385.273px; width: 794.777px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">68</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 431.086px; width: 116.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Right of use assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 453.951px; width: 794.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions (excluding acquisitions)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 476.857px; width: 794.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciations</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 499.764px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.252px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 522.711px; width: 561.094px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 3-10 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:535.828125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 799.242px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 728.482px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 292.625px; top: 22.5449px; width: 41.1035px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LAND &amp; </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.125px; top: 22.5449px; width: 60.9199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PLANT AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 479.203px; top: 22.5449px; width: 89.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FIXTURES, TOOLS, </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 609.641px; top: 22.5449px; width: 75.457px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS UNDER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 768.688px; top: 22.5449px; width: 33.1875px; white-space: pre; word-spacing: 0.84px; letter-spacing: -0.84px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TO</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 277.156px; top: 33.0449px; width: 56.9883px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BUILDINGS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 387.656px; top: 33.0449px; width: 61.3477px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MACHINERY</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 494.719px; top: 33.0449px; width: 72.7734px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FITTINGS AND </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 603px; top: 33.0449px; width: 79.8867px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CONSTRUCTION</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.734px; top: 43.5449px; width: 60.0527px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EQUIPMENT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 64.5293px; width: 797.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 221.789px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 87.4355px; width: 794.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.3029px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 110.342px; width: 795.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 263.502px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 133.248px; width: 795.094px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">73</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">92</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 156.154px; width: 795.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 179.061px; width: 794.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 202.008px; width: 794.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cost at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.891px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">99</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 247.779px; width: 798.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 1 January </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.283px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> - </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 270.686px; width: 798.416px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 293.592px; width: 795.393px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">13</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 316.514px; width: 795.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 339.42px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Disposals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.367px; width: 795.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.434px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.273px; width: 794.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount at 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.379px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">64</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">13</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">83</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.086px; width: 116.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Right of use assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 453.951px; width: 794.871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions (excluding acquisitions)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 476.857px; width: 794.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciations</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 499.764px; width: 795.105px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.252px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">59</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 522.711px; width: 561.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation period</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-5 years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3-10 years</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to our asset<span class="_ _75"/>-light business model, proper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment within SGL Group<span class="_ _75"/>’<span class="_ _75"/>s control comprise a lesser par<span class="_ _2"/>t of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">total assets. In 2024, property<span class="_ _0"/>, plant and equipment comprised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4% of total assets (2023: 4%). The main part of the physical assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprises leased buildings, leased vehicles and equipment for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">warehouse activities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AMOUNTS RECOGNISED IN THE INCOME ST<span class="_ _4"/>ATEMENT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:98.302734375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 376.846px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 236.391px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 22.873px; width: 209.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest costs relating to lease liabil-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 299.828px; top: 31.123px; width: 76.8398px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 39.373px; width: 23.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ities</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 62.2793px; width: 372.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Shor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-term lease costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 85.1855px; width: 372.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Low-value lease costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.889px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Estimates are made in assessing the useful lives o<span class="_ _0"/>f items of property<span class="_ _0"/>, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment that determine the period over which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the depreciable amount o<span class="_ _0"/>f the asset is expensed to the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement. The depreciable amount o<span class="_ _0"/>f an item of property<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment is a function of the asset’<span class="_ _75"/>s cost or carr<span class="_ _2"/>ying amount and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">its residual value. Estimates are made to assess the amount that SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group can recover at the end o<span class="_ _0"/>f the useful life of an asset. An annual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">review is performed to assess the appropriateness o<span class="_ _0"/>f the depreciation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method, useful life and residual values o<span class="_ _0"/>f items of property<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Items of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment are measured at cost less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses. Cost includes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition price and costs directly related to the acquisition until the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time at which the asset is ready for use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When significant par<span class="_ _2"/>ts of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment must be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">replaced at intervals, SGL Group depreciates them separately based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on their specific useful lives. Likewise, when a major inspection is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed, its cost is recognised in the carr<span class="_ _2"/>ying amount of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment as a replacement if the recognition criteria ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">satisfied. All other repair and maintenance costs are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement as incurred.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The depreciation basis is the cost minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight<span class="_ _4"/>-line basis over each asset’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life on cost price minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An item of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment, and any significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t initially recognised is der<span class="_ _0"/>ecognised upon disposal, or when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no future economic benefits are expected fr<span class="_ _0"/>om its use or disposal. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Any gain or loss arising on derecognition o<span class="_ _0"/>f the asset, calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the net disposal proceeds and the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of the asset, is included in the income statement when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is derecognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use Assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Whether a contract contains a lease is assessed at contract inception. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For identified leases, a right<span class="_ _75"/>-of<span class="_ _75"/>-use asset and corresponding lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability are recognised on the lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon initial recognition, the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset is measured at a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost corresponding to the lease liability recognised, adjusted for any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease prepayments or directly r<span class="_ _0"/>elated costs, including dismantling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and restoration costs. The lease liability is measured at the pr<span class="_ _0"/>esent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value of lease payments o<span class="_ _0"/>f the leasing period discounted using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate implicit in the lease contract. In cases where the implicit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate cannot be determined, an appr<span class="_ _0"/>opriate incremental </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate is used. Extension options are only included in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determining the lease period if reasonably certain they will be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At subsequent measurement, the right<span class="_ _4"/>-of<span class="_ _0"/>-use-asset is measured less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses and adjusted for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">any remeasurements o<span class="_ _0"/>f the lease liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is carried out following the straight<span class="_ _75"/>-line method over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the lease term or the useful life of the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset, whichever </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is shor<span class="_ _2"/>test. The lease liability is measured at amortised cost using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effective interest method and adjusted for any remeasur<span class="_ _0"/>ements or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">modifications made to the contract.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension options are only included in the lease term if a lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extension is reasonably certain. The majority of extension and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">termination options held are exer<span class="_ _0"/>cisable only by SGL Group and not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by the respective lessor<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use assets and lease liabilities are not recognised for low-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value lease assets or leases with a lease term of 12 months or less. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These are recognised as an expense on a straight<span class="_ _4"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease term. Any ser<span class="_ _2"/>vice elements separable from the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are also accounted for following the same principle.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use-assets classified as land and buildings, mainly relate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to leases of o<span class="_ _0"/>ffices and warehouses. In contrast, assets recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as other assets mainly relate to trailers, trucks, company cars and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forklift leases.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to our asset<span class="_ _75"/>-light business model, proper<span class="_ _2"/>ty<span class="_ _0"/>, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment within SGL Group<span class="_ _75"/>’<span class="_ _75"/>s control comprise a lesser par<span class="_ _2"/>t of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">total assets. In 2024, property<span class="_ _0"/>, plant and equipment comprised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4% of total assets (2023: 4%). The main part of the physical assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprises leased buildings, leased vehicles and equipment for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">warehouse activities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AMOUNTS RECOGNISED IN THE INCOME ST<span class="_ _4"/>ATEMENT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:98.302734375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 376.846px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 236.391px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 22.873px; width: 209.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest costs relating to lease liabil-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 299.828px; top: 31.123px; width: 76.8398px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 39.373px; width: 23.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ities</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 62.2793px; width: 372.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Shor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-term lease costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 85.1855px; width: 372.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Low-value lease costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.889px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Items of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment are measured at cost less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses. Cost includes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition price and costs directly related to the acquisition until the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time at which the asset is ready for use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When significant par<span class="_ _2"/>ts of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment must be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">replaced at intervals, SGL Group depreciates them separately based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on their specific useful lives. Likewise, when a major inspection is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed, its cost is recognised in the carr<span class="_ _2"/>ying amount of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment as a replacement if the recognition criteria ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">satisfied. All other repair and maintenance costs are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement as incurred.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The depreciation basis is the cost minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight<span class="_ _4"/>-line basis over each asset’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life on cost price minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An item of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment, and any significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t initially recognised is der<span class="_ _0"/>ecognised upon disposal, or when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no future economic benefits are expected fr<span class="_ _0"/>om its use or disposal. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Any gain or loss arising on derecognition o<span class="_ _0"/>f the asset, calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the net disposal proceeds and the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of the asset, is included in the income statement when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is derecognised.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Items of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment are measured at cost less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses. Cost includes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition price and costs directly related to the acquisition until the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time at which the asset is ready for use.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When significant par<span class="_ _2"/>ts of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment must be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">replaced at intervals, SGL Group depreciates them separately based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on their specific useful lives. Likewise, when a major inspection is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed, its cost is recognised in the carr<span class="_ _2"/>ying amount of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment as a replacement if the recognition criteria ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">satisfied. All other repair and maintenance costs are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement as incurred.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The depreciation basis is the cost minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight<span class="_ _4"/>-line basis over each asset’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected useful life on cost price minus residual value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">An item of pr<span class="_ _0"/>oper<span class="_ _2"/>ty<span class="_ _0"/>, plant and equipment, and any significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>t initially recognised is der<span class="_ _0"/>ecognised upon disposal, or when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no future economic benefits are expected fr<span class="_ _0"/>om its use or disposal. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Any gain or loss arising on derecognition o<span class="_ _0"/>f the asset, calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the net disposal proceeds and the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of the asset, is included in the income statement when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is derecognised.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use Assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Whether a contract contains a lease is assessed at contract inception. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For identified leases, a right<span class="_ _75"/>-of<span class="_ _75"/>-use asset and corresponding lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability are recognised on the lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon initial recognition, the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset is measured at a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost corresponding to the lease liability recognised, adjusted for any </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease prepayments or directly r<span class="_ _0"/>elated costs, including dismantling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and restoration costs. The lease liability is measured at the pr<span class="_ _0"/>esent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value of lease payments o<span class="_ _0"/>f the leasing period discounted using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate implicit in the lease contract. In cases where the implicit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate cannot be determined, an appr<span class="_ _0"/>opriate incremental </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate is used. Extension options are only included in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determining the lease period if reasonably certain they will be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At subsequent measurement, the right<span class="_ _4"/>-of<span class="_ _0"/>-use-asset is measured less </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accumulated depreciation and impairment losses and adjusted for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">any remeasurements o<span class="_ _0"/>f the lease liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is carried out following the straight<span class="_ _75"/>-line method over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the lease term or the useful life of the right<span class="_ _75"/>-of<span class="_ _75"/>-use-asset, whichever </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is shor<span class="_ _2"/>test. The lease liability is measured at amortised cost using the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effective interest method and adjusted for any remeasur<span class="_ _0"/>ements or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">modifications made to the contract.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension options are only included in the lease term if a lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extension is reasonably certain. The majority of extension and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">termination options held are exer<span class="_ _0"/>cisable only by SGL Group and not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">by the respective lessor<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use assets and lease liabilities are not recognised for low-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value lease assets or leases with a lease term of 12 months or less. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These are recognised as an expense on a straight<span class="_ _4"/>-line basis over the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease term. Any ser<span class="_ _2"/>vice elements separable from the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are also accounted for following the same principle.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right<span class="_ _75"/>-of<span class="_ _75"/>-use-assets classified as land and buildings, mainly relate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to leases of o<span class="_ _0"/>ffices and warehouses. In contrast, assets recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as other assets mainly relate to trailers, trucks, company cars and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forklift leases.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.3 NET W<span class="_ _75"/>ORKING CAP<span class="_ _0"/>I<span class="_ _0"/>T<span class="_ _2d"/>A<span class="_ _0"/>L</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net working capital in SGL Group comprises the difference between </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational current assets (excluding cash and cash equivalents) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and operational current liabilities (excluding short<span class="_ _0"/>-term debt, earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs, accrued interest and items o<span class="_ _0"/>f a similar nature). The composition </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net working capital is consider<span class="_ _0"/>ed to provide the best reflection o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational liquidity<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, net working capital increased mainly driven by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">increase in trade receivables following incr<span class="_ _0"/>eases in both rates and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes in the last quar<span class="_ _2"/>ter of 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For a description of SGL Gr<span class="_ _0"/>oup<span class="_ _0"/>’<span class="_ _75"/>s credit risk related to trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets, please refer to note 4.2.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">NET WORKING CAPIT<span class="_ _75"/>AL</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:321.015625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.686px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 238.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 375.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 374.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets and deferred income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4279px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Prepayments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 191.179px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.498px; width: 374.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.711px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(182)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(139)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(84)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 374.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net working capital</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.881px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 229.045px; width: 237.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital excluding </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 290.109px; top: 237.295px; width: 89.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">122</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 245.545px; width: 157.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">additions from acquisitions</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 268.451px; width: 374.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-cash movements</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.1642px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(14)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 291.398px; width: 190.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 288.156px; top: 299.648px; width: 90.7266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">125</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 307.898px; width: 215.748px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">applied in the cash flow statement</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The change in net working capital amounts to EUR 122m in 2024 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2023: EUR 9m), excluding net working capital acquired from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions made in 2024. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in net working capital impacted the cash flow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negatively with EUR 125m (2023: positively EUR 5m) after including<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">non-cash movements and exchange rate adjustments which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounted to EUR 3m (2023: negatively EUR 14m).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER RECEIV<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:173.880859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.199px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 373.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 46.0137px; width: 374.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deposits</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 69.1387px; width: 374.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 92.0859px; width: 373.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.992px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.857px; width: 374.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.82px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.764px; width: 374.338px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER P<span class="_ _0"/>A<span class="_ _75"/>Y<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:242.162109375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 379.494px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 374.953px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayroll related liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 45.7793px; width: 374.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 68.6855px; width: 374.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest rate swaps</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 91.5918px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.498px; width: 375.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.404px; width: 375.029px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.352px; width: 375.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">177</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 183.273px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 206.139px; width: 375.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">115</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 229.045px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include accrued revenue and accrued expenses from fr<span class="_ _0"/>eight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices, contract logistics and other related ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in progress as o<span class="_ _0"/>f 31 December<span class="_ _4"/>. Amounts received for ser<span class="_ _2"/>vices that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are not yet completed are pr<span class="_ _0"/>esented as deferred income. Deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income is recognised in the income statement within 12 months, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as the conditional right to consideration from contract assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">becomes unconditional within 12 months of r<span class="_ _0"/>ecognition.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.3 NET W<span class="_ _75"/>ORKING CAP<span class="_ _0"/>I<span class="_ _0"/>T<span class="_ _2d"/>A<span class="_ _0"/>L</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net working capital in SGL Group comprises the difference between </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational current assets (excluding cash and cash equivalents) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and operational current liabilities (excluding short<span class="_ _0"/>-term debt, earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs, accrued interest and items o<span class="_ _0"/>f a similar nature). The composition </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net working capital is consider<span class="_ _0"/>ed to provide the best reflection o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational liquidity<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, net working capital increased mainly driven by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">increase in trade receivables following incr<span class="_ _0"/>eases in both rates and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes in the last quar<span class="_ _2"/>ter of 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For a description of SGL Gr<span class="_ _0"/>oup<span class="_ _0"/>’<span class="_ _75"/>s credit risk related to trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets, please refer to note 4.2.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">NET WORKING CAPIT<span class="_ _75"/>AL</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:321.015625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.686px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 238.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 375.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 374.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets and deferred income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4279px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Prepayments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 191.179px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.498px; width: 374.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.711px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(182)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(139)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(84)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 374.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net working capital</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.881px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 229.045px; width: 237.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital excluding </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 290.109px; top: 237.295px; width: 89.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">122</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 245.545px; width: 157.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">additions from acquisitions</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 268.451px; width: 374.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-cash movements</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.1642px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(14)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 291.398px; width: 190.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 288.156px; top: 299.648px; width: 90.7266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">125</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 307.898px; width: 215.748px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">applied in the cash flow statement</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The change in net working capital amounts to EUR 122m in 2024 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2023: EUR 9m), excluding net working capital acquired from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions made in 2024. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in net working capital impacted the cash flow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negatively with EUR 125m (2023: positively EUR 5m) after including<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">non-cash movements and exchange rate adjustments which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounted to EUR 3m (2023: negatively EUR 14m).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER RECEIV<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:173.880859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.199px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 373.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 46.0137px; width: 374.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deposits</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 69.1387px; width: 374.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 92.0859px; width: 373.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.992px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.857px; width: 374.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.82px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.764px; width: 374.338px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER P<span class="_ _0"/>A<span class="_ _75"/>Y<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:242.162109375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 379.494px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 374.953px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayroll related liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 45.7793px; width: 374.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 68.6855px; width: 374.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest rate swaps</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 91.5918px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.498px; width: 375.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.404px; width: 375.029px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.352px; width: 375.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">177</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 183.273px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 206.139px; width: 375.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">115</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 229.045px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are amounts due from customers for services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed in the ordinar<span class="_ _2"/>y course of business. Settlements are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generally due within 30-90 days and are therefor<span class="_ _0"/>e classified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as current receivables. Recognition is initially at the amount o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration that is unconditional. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are recognised as services delivered are invoiced </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the customer and not adjusted for any financing components </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as credit terms ar<span class="_ _0"/>e shor<span class="_ _2"/>t, and the financing component, therefore </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant. SGL Group holds the trade receivables to collect the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contractual cash flows and, therefore, measur<span class="_ _0"/>es them subsequently </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at amor<span class="_ _2"/>tised cost using the effective interest method. Wher<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices delivered have yet to be invoiced, and invoices on ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received from hauliers have still to be r<span class="_ _0"/>eceived, contract assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accrued cost of services are recognised at the reporting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the IFRS 9 simplified approach to measuring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses which also include recognised contract assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>o measure the expected credit losses, trade r<span class="_ _0"/>eceivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on the days past due, whereas contract assets ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">classified as not overdue due to its nature.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include accrued revenue and accrued expenses from fr<span class="_ _0"/>eight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices, contract logistics and other related ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in progress as o<span class="_ _0"/>f 31 December<span class="_ _4"/>. Amounts received for ser<span class="_ _2"/>vices that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are not yet completed are pr<span class="_ _0"/>esented as deferred income. Deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income is recognised in the income statement within 12 months, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as the conditional right to consideration from contract assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">becomes unconditional within 12 months of r<span class="_ _0"/>ecognition.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables are measur<span class="_ _0"/>ed at amor<span class="_ _2"/>tised cost or net realisable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value equivalent to nominal value less allowances for doubtful </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables, whichever is lower<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management makes allowance for doubtful receivables in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">anticipation of estimated futur<span class="_ _0"/>e receipt of payments. If certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">circumstances result in lack o<span class="_ _0"/>f receipt o<span class="_ _0"/>f payments, an additional<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance could be required.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables are measured at amortised cost.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earn-outs are based on futur<span class="_ _0"/>e expected per<span class="_ _2"/>formances in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earlier acquired companies. Budget, investing plans and realised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performances are some of the parameters that form the base of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Credit risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Credit risk is the risk o<span class="_ _0"/>f a counterpar<span class="_ _2"/>ty not meeting its obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">under a financial instrument or customer contract, leading to a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is exposed to credit risk fr<span class="_ _0"/>om its operating activities, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">primarily trade receivables, and from its financing activities, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including deposits with banks and financial institutions (to the extent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the balance is in surplus of SGL Gr<span class="_ _0"/>oup).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has established procedur<span class="_ _0"/>es for handling credit risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and actively monitors and limits risks and losses on receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Historically<span class="_ _75"/>, losses on receivables are at a low level.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the simplified approach to the pr<span class="_ _0"/>ovision of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses in accordance with IFRS 9. This appr<span class="_ _0"/>oach takes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into consideration the lifetime expected loss provision for both trade<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets. T<span class="_ _37"/>o measure the expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, the trade receivables and contract assets have been grouped </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the days past due.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.3 NET W<span class="_ _75"/>ORKING CAP<span class="_ _0"/>I<span class="_ _0"/>T<span class="_ _2d"/>A<span class="_ _0"/>L</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net working capital in SGL Group comprises the difference between </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational current assets (excluding cash and cash equivalents) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and operational current liabilities (excluding short<span class="_ _0"/>-term debt, earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs, accrued interest and items o<span class="_ _0"/>f a similar nature). The composition </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net working capital is consider<span class="_ _0"/>ed to provide the best reflection o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational liquidity<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, net working capital increased mainly driven by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">increase in trade receivables following incr<span class="_ _0"/>eases in both rates and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes in the last quar<span class="_ _2"/>ter of 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For a description of SGL Gr<span class="_ _0"/>oup<span class="_ _0"/>’<span class="_ _75"/>s credit risk related to trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets, please refer to note 4.2.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">NET WORKING CAPIT<span class="_ _75"/>AL</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:321.015625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.686px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 238.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 375.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 374.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets and deferred income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4279px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Prepayments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 191.179px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.498px; width: 374.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.711px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(182)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(139)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(84)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 374.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net working capital</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.881px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 229.045px; width: 237.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital excluding </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 290.109px; top: 237.295px; width: 89.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">122</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 245.545px; width: 157.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">additions from acquisitions</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 268.451px; width: 374.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-cash movements</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.1642px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(14)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 291.398px; width: 190.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 288.156px; top: 299.648px; width: 90.7266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">125</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 307.898px; width: 215.748px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">applied in the cash flow statement</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The change in net working capital amounts to EUR 122m in 2024 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2023: EUR 9m), excluding net working capital acquired from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions made in 2024. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in net working capital impacted the cash flow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negatively with EUR 125m (2023: positively EUR 5m) after including<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">non-cash movements and exchange rate adjustments which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounted to EUR 3m (2023: negatively EUR 14m).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER RECEIV<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:173.880859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.199px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 373.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 46.0137px; width: 374.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deposits</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 69.1387px; width: 374.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 92.0859px; width: 373.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.992px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.857px; width: 374.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.82px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.764px; width: 374.338px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER P<span class="_ _0"/>A<span class="_ _75"/>Y<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:242.162109375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 379.494px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 374.953px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayroll related liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 45.7793px; width: 374.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 68.6855px; width: 374.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest rate swaps</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 91.5918px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.498px; width: 375.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.404px; width: 375.029px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.352px; width: 375.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">177</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 183.273px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 206.139px; width: 375.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">115</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 229.045px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are amounts due from customers for services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed in the ordinar<span class="_ _2"/>y course of business. Settlements are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generally due within 30-90 days and are therefor<span class="_ _0"/>e classified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as current receivables. Recognition is initially at the amount o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration that is unconditional. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are recognised as services delivered are invoiced </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the customer and not adjusted for any financing components </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as credit terms ar<span class="_ _0"/>e shor<span class="_ _2"/>t, and the financing component, therefore </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant. SGL Group holds the trade receivables to collect the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contractual cash flows and, therefore, measur<span class="_ _0"/>es them subsequently </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at amor<span class="_ _2"/>tised cost using the effective interest method. Wher<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices delivered have yet to be invoiced, and invoices on ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received from hauliers have still to be r<span class="_ _0"/>eceived, contract assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accrued cost of services are recognised at the reporting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the IFRS 9 simplified approach to measuring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses which also include recognised contract assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>o measure the expected credit losses, trade r<span class="_ _0"/>eceivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on the days past due, whereas contract assets ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">classified as not overdue due to its nature.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include accrued revenue and accrued expenses from fr<span class="_ _0"/>eight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices, contract logistics and other related ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in progress as o<span class="_ _0"/>f 31 December<span class="_ _4"/>. Amounts received for ser<span class="_ _2"/>vices that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are not yet completed are pr<span class="_ _0"/>esented as deferred income. Deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income is recognised in the income statement within 12 months, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as the conditional right to consideration from contract assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">becomes unconditional within 12 months of r<span class="_ _0"/>ecognition.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables are measur<span class="_ _0"/>ed at amor<span class="_ _2"/>tised cost or net realisable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value equivalent to nominal value less allowances for doubtful </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables, whichever is lower<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management makes allowance for doubtful receivables in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">anticipation of estimated futur<span class="_ _0"/>e receipt of payments. If certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">circumstances result in lack o<span class="_ _0"/>f receipt o<span class="_ _0"/>f payments, an additional<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance could be required.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables are measured at amortised cost.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earn-outs are based on futur<span class="_ _0"/>e expected per<span class="_ _2"/>formances in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earlier acquired companies. Budget, investing plans and realised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performances are some of the parameters that form the base of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.3 NET W<span class="_ _75"/>ORKING CAP<span class="_ _0"/>I<span class="_ _0"/>T<span class="_ _2d"/>A<span class="_ _0"/>L</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net working capital in SGL Group comprises the difference between </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational current assets (excluding cash and cash equivalents) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and operational current liabilities (excluding short<span class="_ _0"/>-term debt, earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs, accrued interest and items o<span class="_ _0"/>f a similar nature). The composition </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net working capital is consider<span class="_ _0"/>ed to provide the best reflection o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational liquidity<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, net working capital increased mainly driven by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">increase in trade receivables following incr<span class="_ _0"/>eases in both rates and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes in the last quar<span class="_ _2"/>ter of 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For a description of SGL Gr<span class="_ _0"/>oup<span class="_ _0"/>’<span class="_ _75"/>s credit risk related to trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets, please refer to note 4.2.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">NET WORKING CAPIT<span class="_ _75"/>AL</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:321.015625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.686px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 238.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 375.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 374.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets and deferred income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4279px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Prepayments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 191.179px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.498px; width: 374.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.711px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(182)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(139)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(84)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 374.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net working capital</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.881px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 229.045px; width: 237.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital excluding </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 290.109px; top: 237.295px; width: 89.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">122</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 245.545px; width: 157.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">additions from acquisitions</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 268.451px; width: 374.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-cash movements</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.1642px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(14)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 291.398px; width: 190.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 288.156px; top: 299.648px; width: 90.7266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">125</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 307.898px; width: 215.748px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">applied in the cash flow statement</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The change in net working capital amounts to EUR 122m in 2024 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2023: EUR 9m), excluding net working capital acquired from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions made in 2024. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in net working capital impacted the cash flow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negatively with EUR 125m (2023: positively EUR 5m) after including<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">non-cash movements and exchange rate adjustments which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounted to EUR 3m (2023: negatively EUR 14m).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER RECEIV<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:173.880859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.199px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 373.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 46.0137px; width: 374.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deposits</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 69.1387px; width: 374.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 92.0859px; width: 373.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.992px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.857px; width: 374.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.82px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.764px; width: 374.338px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER P<span class="_ _0"/>A<span class="_ _75"/>Y<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:242.162109375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 379.494px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 374.953px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayroll related liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 45.7793px; width: 374.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 68.6855px; width: 374.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest rate swaps</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 91.5918px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.498px; width: 375.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.404px; width: 375.029px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.352px; width: 375.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">177</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 183.273px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 206.139px; width: 375.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">115</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 229.045px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are amounts due from customers for services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed in the ordinar<span class="_ _2"/>y course of business. Settlements are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generally due within 30-90 days and are therefor<span class="_ _0"/>e classified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as current receivables. Recognition is initially at the amount o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration that is unconditional. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are recognised as services delivered are invoiced </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the customer and not adjusted for any financing components </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as credit terms ar<span class="_ _0"/>e shor<span class="_ _2"/>t, and the financing component, therefore </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant. SGL Group holds the trade receivables to collect the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contractual cash flows and, therefore, measur<span class="_ _0"/>es them subsequently </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at amor<span class="_ _2"/>tised cost using the effective interest method. Wher<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices delivered have yet to be invoiced, and invoices on ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received from hauliers have still to be r<span class="_ _0"/>eceived, contract assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accrued cost of services are recognised at the reporting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the IFRS 9 simplified approach to measuring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses which also include recognised contract assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>o measure the expected credit losses, trade r<span class="_ _0"/>eceivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on the days past due, whereas contract assets ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">classified as not overdue due to its nature.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include accrued revenue and accrued expenses from fr<span class="_ _0"/>eight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices, contract logistics and other related ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in progress as o<span class="_ _0"/>f 31 December<span class="_ _4"/>. Amounts received for ser<span class="_ _2"/>vices that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are not yet completed are pr<span class="_ _0"/>esented as deferred income. Deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income is recognised in the income statement within 12 months, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as the conditional right to consideration from contract assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">becomes unconditional within 12 months of r<span class="_ _0"/>ecognition.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables are measur<span class="_ _0"/>ed at amor<span class="_ _2"/>tised cost or net realisable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value equivalent to nominal value less allowances for doubtful </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables, whichever is lower<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management makes allowance for doubtful receivables in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">anticipation of estimated futur<span class="_ _0"/>e receipt of payments. If certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">circumstances result in lack o<span class="_ _0"/>f receipt o<span class="_ _0"/>f payments, an additional<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance could be required.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables are measured at amortised cost.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earn-outs are based on futur<span class="_ _0"/>e expected per<span class="_ _2"/>formances in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earlier acquired companies. Budget, investing plans and realised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performances are some of the parameters that form the base of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.3 NET W<span class="_ _75"/>ORKING CAP<span class="_ _0"/>I<span class="_ _0"/>T<span class="_ _2d"/>A<span class="_ _0"/>L</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net working capital in SGL Group comprises the difference between </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational current assets (excluding cash and cash equivalents) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and operational current liabilities (excluding short<span class="_ _0"/>-term debt, earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs, accrued interest and items o<span class="_ _0"/>f a similar nature). The composition </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net working capital is consider<span class="_ _0"/>ed to provide the best reflection o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational liquidity<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, net working capital increased mainly driven by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">increase in trade receivables following incr<span class="_ _0"/>eases in both rates and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes in the last quar<span class="_ _2"/>ter of 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For a description of SGL Gr<span class="_ _0"/>oup<span class="_ _0"/>’<span class="_ _75"/>s credit risk related to trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets, please refer to note 4.2.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">NET WORKING CAPIT<span class="_ _75"/>AL</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:321.015625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.686px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 238.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 375.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 374.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets and deferred income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4279px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Prepayments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 191.179px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.498px; width: 374.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.711px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(182)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(139)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(84)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 374.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net working capital</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.881px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 229.045px; width: 237.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital excluding </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 290.109px; top: 237.295px; width: 89.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">122</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 245.545px; width: 157.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">additions from acquisitions</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 268.451px; width: 374.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-cash movements</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.1642px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(14)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 291.398px; width: 190.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 288.156px; top: 299.648px; width: 90.7266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">125</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 307.898px; width: 215.748px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">applied in the cash flow statement</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The change in net working capital amounts to EUR 122m in 2024 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2023: EUR 9m), excluding net working capital acquired from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions made in 2024. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in net working capital impacted the cash flow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negatively with EUR 125m (2023: positively EUR 5m) after including<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">non-cash movements and exchange rate adjustments which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounted to EUR 3m (2023: negatively EUR 14m).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER RECEIV<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:173.880859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.199px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 373.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 46.0137px; width: 374.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deposits</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 69.1387px; width: 374.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 92.0859px; width: 373.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.992px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.857px; width: 374.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.82px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.764px; width: 374.338px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER P<span class="_ _0"/>A<span class="_ _75"/>Y<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:242.162109375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 379.494px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 374.953px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayroll related liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 45.7793px; width: 374.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 68.6855px; width: 374.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest rate swaps</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 91.5918px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.498px; width: 375.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.404px; width: 375.029px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.352px; width: 375.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">177</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 183.273px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 206.139px; width: 375.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">115</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 229.045px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are amounts due from customers for services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed in the ordinar<span class="_ _2"/>y course of business. Settlements are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generally due within 30-90 days and are therefor<span class="_ _0"/>e classified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as current receivables. Recognition is initially at the amount o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration that is unconditional. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are recognised as services delivered are invoiced </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the customer and not adjusted for any financing components </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as credit terms ar<span class="_ _0"/>e shor<span class="_ _2"/>t, and the financing component, therefore </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant. SGL Group holds the trade receivables to collect the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contractual cash flows and, therefore, measur<span class="_ _0"/>es them subsequently </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at amor<span class="_ _2"/>tised cost using the effective interest method. Wher<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices delivered have yet to be invoiced, and invoices on ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received from hauliers have still to be r<span class="_ _0"/>eceived, contract assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accrued cost of services are recognised at the reporting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the IFRS 9 simplified approach to measuring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses which also include recognised contract assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>o measure the expected credit losses, trade r<span class="_ _0"/>eceivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on the days past due, whereas contract assets ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">classified as not overdue due to its nature.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include accrued revenue and accrued expenses from fr<span class="_ _0"/>eight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices, contract logistics and other related ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in progress as o<span class="_ _0"/>f 31 December<span class="_ _4"/>. Amounts received for ser<span class="_ _2"/>vices that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are not yet completed are pr<span class="_ _0"/>esented as deferred income. Deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income is recognised in the income statement within 12 months, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as the conditional right to consideration from contract assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">becomes unconditional within 12 months of r<span class="_ _0"/>ecognition.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables are measur<span class="_ _0"/>ed at amor<span class="_ _2"/>tised cost or net realisable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value equivalent to nominal value less allowances for doubtful </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables, whichever is lower<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management makes allowance for doubtful receivables in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">anticipation of estimated futur<span class="_ _0"/>e receipt of payments. If certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">circumstances result in lack o<span class="_ _0"/>f receipt o<span class="_ _0"/>f payments, an additional<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance could be required.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables are measured at amortised cost.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earn-outs are based on futur<span class="_ _0"/>e expected per<span class="_ _2"/>formances in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earlier acquired companies. Budget, investing plans and realised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performances are some of the parameters that form the base of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Credit risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Credit risk is the risk o<span class="_ _0"/>f a counterpar<span class="_ _2"/>ty not meeting its obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">under a financial instrument or customer contract, leading to a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is exposed to credit risk fr<span class="_ _0"/>om its operating activities, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">primarily trade receivables, and from its financing activities, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including deposits with banks and financial institutions (to the extent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the balance is in surplus of SGL Gr<span class="_ _0"/>oup).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has established procedur<span class="_ _0"/>es for handling credit risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and actively monitors and limits risks and losses on receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Historically<span class="_ _75"/>, losses on receivables are at a low level.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the simplified approach to the pr<span class="_ _0"/>ovision of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses in accordance with IFRS 9. This appr<span class="_ _0"/>oach takes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into consideration the lifetime expected loss provision for both trade<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets. T<span class="_ _37"/>o measure the expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, the trade receivables and contract assets have been grouped </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the days past due.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.3 NET W<span class="_ _75"/>ORKING CAP<span class="_ _0"/>I<span class="_ _0"/>T<span class="_ _2d"/>A<span class="_ _0"/>L</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net working capital in SGL Group comprises the difference between </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational current assets (excluding cash and cash equivalents) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and operational current liabilities (excluding short<span class="_ _0"/>-term debt, earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs, accrued interest and items o<span class="_ _0"/>f a similar nature). The composition </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net working capital is consider<span class="_ _0"/>ed to provide the best reflection o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">our operational liquidity<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, net working capital increased mainly driven by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">increase in trade receivables following incr<span class="_ _0"/>eases in both rates and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">volumes in the last quar<span class="_ _2"/>ter of 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For a description of SGL Gr<span class="_ _0"/>oup<span class="_ _0"/>’<span class="_ _75"/>s credit risk related to trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets, please refer to note 4.2.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">NET WORKING CAPIT<span class="_ _75"/>AL</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:321.015625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.686px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 238.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 375.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.7364px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 374.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets and deferred income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4279px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 374.771px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Prepayments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">32</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 191.179px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.498px; width: 374.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.711px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(182)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4199px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(139)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.404px; width: 374.941px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.804px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(84)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 374.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(32)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.273px; width: 374.865px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net working capital</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.881px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">229</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 229.045px; width: 237.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital excluding </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 290.109px; top: 237.295px; width: 89.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">122</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 245.545px; width: 157.975px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">additions from acquisitions</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 268.451px; width: 374.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-cash movements</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.1642px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(14)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 291.398px; width: 190.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in net working capital </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 288.156px; top: 299.648px; width: 90.7266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">125</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 307.898px; width: 215.748px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">applied in the cash flow statement</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The change in net working capital amounts to EUR 122m in 2024 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2023: EUR 9m), excluding net working capital acquired from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions made in 2024. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The increase in net working capital impacted the cash flow </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negatively with EUR 125m (2023: positively EUR 5m) after including<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">non-cash movements and exchange rate adjustments which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounted to EUR 3m (2023: negatively EUR 14m).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER RECEIV<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:173.880859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.199px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 373.951px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 46.0137px; width: 374.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deposits</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.008px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 69.1387px; width: 374.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 92.0859px; width: 373.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.992px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.857px; width: 374.021px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.82px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.764px; width: 374.338px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER P<span class="_ _0"/>A<span class="_ _75"/>Y<span class="_ _0"/>ABLES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:242.162109375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 379.494px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 22.873px; width: 374.953px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayroll related liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 45.7793px; width: 374.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 68.6855px; width: 374.854px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest rate swaps</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 91.5918px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.158px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 114.498px; width: 375.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 137.404px; width: 375.029px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 160.352px; width: 375.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">177</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">65</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 183.273px; width: 112.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Specified as follows:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 206.139px; width: 375.006px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0-1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">115</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 5.09375px; top: 229.045px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt;1 year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">62</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are amounts due from customers for services<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed in the ordinar<span class="_ _2"/>y course of business. Settlements are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generally due within 30-90 days and are therefor<span class="_ _0"/>e classified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as current receivables. Recognition is initially at the amount o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration that is unconditional. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables are recognised as services delivered are invoiced </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the customer and not adjusted for any financing components </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as credit terms ar<span class="_ _0"/>e shor<span class="_ _2"/>t, and the financing component, therefore </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant. SGL Group holds the trade receivables to collect the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contractual cash flows and, therefore, measur<span class="_ _0"/>es them subsequently </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at amor<span class="_ _2"/>tised cost using the effective interest method. Wher<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices delivered have yet to be invoiced, and invoices on ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">received from hauliers have still to be r<span class="_ _0"/>eceived, contract assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accrued cost of services are recognised at the reporting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the IFRS 9 simplified approach to measuring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses which also include recognised contract assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>o measure the expected credit losses, trade r<span class="_ _0"/>eceivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on the days past due, whereas contract assets ar<span class="_ _0"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">classified as not overdue due to its nature.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contract assets, deferred income and accrued trade expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include accrued revenue and accrued expenses from fr<span class="_ _0"/>eight </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for<span class="_ _2"/>warding ser<span class="_ _2"/>vices, contract logistics and other related ser<span class="_ _2"/>vices </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in progress as o<span class="_ _0"/>f 31 December<span class="_ _4"/>. Amounts received for ser<span class="_ _2"/>vices that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are not yet completed are pr<span class="_ _0"/>esented as deferred income. Deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income is recognised in the income statement within 12 months, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as the conditional right to consideration from contract assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">becomes unconditional within 12 months of r<span class="_ _0"/>ecognition.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables are measur<span class="_ _0"/>ed at amor<span class="_ _2"/>tised cost or net realisable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value equivalent to nominal value less allowances for doubtful </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables, whichever is lower<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management makes allowance for doubtful receivables in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">anticipation of estimated futur<span class="_ _0"/>e receipt of payments. If certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">circumstances result in lack o<span class="_ _0"/>f receipt o<span class="_ _0"/>f payments, an additional<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance could be required.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables are measured at amortised cost.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earn-outs are based on futur<span class="_ _0"/>e expected per<span class="_ _2"/>formances in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earlier acquired companies. Budget, investing plans and realised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performances are some of the parameters that form the base of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:486.837890625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.547px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 10.6484px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.312px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 780.828px; top: 10.9141px; width: 35.2969px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 564.812px; top: 23.2949px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.281px; top: 23.2949px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 23.2949px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.4199px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.25px; top: 33.7949px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 687.188px; top: 33.7949px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.594px; top: 33.7949px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 54.4043px; width: 808.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 77.3105px; width: 807.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 100.217px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 123.123px; width: 807.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 146.029px; width: 807.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 297.973px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 168.977px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 191.883px; width: 807.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 214.789px; width: 807.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 246.529px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 267.514px; width: 807.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.359px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">624</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,303</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">959</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">892</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 290.42px; width: 807.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">48</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">97</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 313.326px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 336.232px; width: 807.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 359.139px; width: 807.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 382.086px; width: 808.189px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">442</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">689</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,777</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,406</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,339</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 404.951px; width: 807.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">60</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 427.873px; width: 807.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 450.82px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 473.727px; width: 808.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">479</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">727</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,852</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,402</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:490.666015625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 1.33594px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 781.453px; top: 10.0078px; width: 34.998px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 565.688px; top: 22.3887px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.984px; top: 22.3887px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 22.3887px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.5293px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.656px; top: 32.8887px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 686.453px; top: 32.8887px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.891px; top: 32.8887px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 53.498px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 76.4043px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 99.3105px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 122.217px; width: 808.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 145.123px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.324px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 168.07px; width: 807.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">462</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 190.936px; width: 807.504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 213.883px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.1px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 236.789px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.756px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">461</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 273.217px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 294.201px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,015</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">743</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 317.107px; width: 807.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 340.076px; width: 86.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 324.781px; top: 340.014px; width: 487.506px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.982px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.697px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.889px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 408.836px; width: 808.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">377</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,063</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,466</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,085</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,068</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.701px; width: 807.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 454.648px; width: 807.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.367px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 477.555px; width: 807.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">387</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,064</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,477</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,079</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and other payables are adjusted for non-financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities such as V<span class="_ _75"/>A<span class="_ _75"/>T and prepayments as well as assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and liabilities measured at fair value through pr<span class="_ _0"/>ofit or loss as earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial income and expenses are recognised in the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement at the amounts that relate to the financial reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The items comprise interest income and expenses, bank fees, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unwinding of discounting, financial expenses r<span class="_ _0"/>elating to finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, unrealised and realised exchange gains and losses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tisation of financial assets and liabilities and fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment of financial contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond interest expenses relate to bonds issued by SGL Gr<span class="_ _0"/>oup ApS, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">both existing bonds issued in 2023 and new bonds issued in March </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, financial expenses have been significantly impacted by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-off costs incurr<span class="_ _0"/>ed and premium paid as par<span class="_ _2"/>t of the r<span class="_ _0"/>edemption </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds, which also trigger<span class="_ _0"/>ed recognition of capitalised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loan costs and exchange rate loss on bonds redeemed.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial income and expenses are recognised in the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement at the amounts that relate to the financial reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The items comprise interest income and expenses, bank fees, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unwinding of discounting, financial expenses r<span class="_ _0"/>elating to finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, unrealised and realised exchange gains and losses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tisation of financial assets and liabilities and fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment of financial contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond interest expenses relate to bonds issued by SGL Gr<span class="_ _0"/>oup ApS, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">both existing bonds issued in 2023 and new bonds issued in March </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, financial expenses have been significantly impacted by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-off costs incurr<span class="_ _0"/>ed and premium paid as par<span class="_ _2"/>t of the r<span class="_ _0"/>edemption </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds, which also trigger<span class="_ _0"/>ed recognition of capitalised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loan costs and exchange rate loss on bonds redeemed.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4<span class="_ _1"/>.<span class="_ _37"/>1<span class="_ _2"/> F<span class="_ _2"/>I<span class="_ _2"/>NAN<span class="_ _1"/>C<span class="_ _2"/>IAL<span class="_ _1"/> ITE<span class="_ _2"/>M<span class="_ _1"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _139"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EURm<span class="_ _250"> </span>2024<span class="_ _ac"> </span>2023</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:333.828125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 0.0078125px; width: 105.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial income</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 22.873px; width: 373.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 45.7793px; width: 374.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 68.6855px; width: 374.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.299px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 91.5918px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate gains</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 114.539px; width: 376.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 137.445px; width: 116.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial expenses</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 160.326px; width: 374.303px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 183.232px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.326px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 206.139px; width: 374.168px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(83)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 229.045px; width: 374.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation of capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 251.951px; width: 373.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 274.857px; width: 376.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 297.805px; width: 374.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(119)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 320.711px; width: 376.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net financial items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(108)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(65)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial income and expenses are recognised in the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement at the amounts that relate to the financial reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The items comprise interest income and expenses, bank fees, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unwinding of discounting, financial expenses r<span class="_ _0"/>elating to finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, unrealised and realised exchange gains and losses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tisation of financial assets and liabilities and fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment of financial contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond interest expenses relate to bonds issued by SGL Gr<span class="_ _0"/>oup ApS, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">both existing bonds issued in 2023 and new bonds issued in March </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, financial expenses have been significantly impacted by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-off costs incurr<span class="_ _0"/>ed and premium paid as par<span class="_ _2"/>t of the r<span class="_ _0"/>edemption </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds, which also trigger<span class="_ _0"/>ed recognition of capitalised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loan costs and exchange rate loss on bonds redeemed.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4<span class="_ _1"/>.<span class="_ _37"/>1<span class="_ _2"/> F<span class="_ _2"/>I<span class="_ _2"/>NAN<span class="_ _1"/>C<span class="_ _2"/>IAL<span class="_ _1"/> ITE<span class="_ _2"/>M<span class="_ _1"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _139"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EURm<span class="_ _250"> </span>2024<span class="_ _ac"> </span>2023</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:333.828125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 0.0078125px; width: 105.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial income</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 22.873px; width: 373.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 45.7793px; width: 374.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 68.6855px; width: 374.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.299px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 91.5918px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate gains</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 114.539px; width: 376.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 137.445px; width: 116.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial expenses</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 160.326px; width: 374.303px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 183.232px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.326px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 206.139px; width: 374.168px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(83)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 229.045px; width: 374.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation of capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 251.951px; width: 373.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 274.857px; width: 376.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 297.805px; width: 374.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(119)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 320.711px; width: 376.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net financial items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(108)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(65)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial income and expenses are recognised in the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement at the amounts that relate to the financial reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The items comprise interest income and expenses, bank fees, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unwinding of discounting, financial expenses r<span class="_ _0"/>elating to finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, unrealised and realised exchange gains and losses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tisation of financial assets and liabilities and fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment of financial contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond interest expenses relate to bonds issued by SGL Gr<span class="_ _0"/>oup ApS, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">both existing bonds issued in 2023 and new bonds issued in March </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, financial expenses have been significantly impacted by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-off costs incurr<span class="_ _0"/>ed and premium paid as par<span class="_ _2"/>t of the r<span class="_ _0"/>edemption </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds, which also trigger<span class="_ _0"/>ed recognition of capitalised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loan costs and exchange rate loss on bonds redeemed.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4<span class="_ _1"/>.<span class="_ _37"/>1<span class="_ _2"/> F<span class="_ _2"/>I<span class="_ _2"/>NAN<span class="_ _1"/>C<span class="_ _2"/>IAL<span class="_ _1"/> ITE<span class="_ _2"/>M<span class="_ _1"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _139"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EURm<span class="_ _250"> </span>2024<span class="_ _ac"> </span>2023</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:333.828125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 0.0078125px; width: 105.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial income</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 22.873px; width: 373.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 45.7793px; width: 374.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 68.6855px; width: 374.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.299px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 91.5918px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate gains</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 114.539px; width: 376.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 137.445px; width: 116.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial expenses</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 160.326px; width: 374.303px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 183.232px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.326px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 206.139px; width: 374.168px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(83)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 229.045px; width: 374.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation of capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 251.951px; width: 373.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 274.857px; width: 376.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 297.805px; width: 374.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(119)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 320.711px; width: 376.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net financial items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(108)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(65)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial income and expenses are recognised in the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement at the amounts that relate to the financial reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The items comprise interest income and expenses, bank fees, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unwinding of discounting, financial expenses r<span class="_ _0"/>elating to finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, unrealised and realised exchange gains and losses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tisation of financial assets and liabilities and fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment of financial contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond interest expenses relate to bonds issued by SGL Gr<span class="_ _0"/>oup ApS, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">both existing bonds issued in 2023 and new bonds issued in March </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, financial expenses have been significantly impacted by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-off costs incurr<span class="_ _0"/>ed and premium paid as par<span class="_ _2"/>t of the r<span class="_ _0"/>edemption </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds, which also trigger<span class="_ _0"/>ed recognition of capitalised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loan costs and exchange rate loss on bonds redeemed.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4<span class="_ _1"/>.<span class="_ _37"/>1<span class="_ _2"/> F<span class="_ _2"/>I<span class="_ _2"/>NAN<span class="_ _1"/>C<span class="_ _2"/>IAL<span class="_ _1"/> ITE<span class="_ _2"/>M<span class="_ _1"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _139"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EURm<span class="_ _250"> </span>2024<span class="_ _ac"> </span>2023</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:333.828125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 0.0078125px; width: 105.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial income</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 22.873px; width: 373.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 45.7793px; width: 374.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 68.6855px; width: 374.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.299px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 91.5918px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate gains</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 114.539px; width: 376.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 137.445px; width: 116.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial expenses</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 160.326px; width: 374.303px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 183.232px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.326px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 206.139px; width: 374.168px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(83)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 229.045px; width: 374.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation of capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 251.951px; width: 373.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 274.857px; width: 376.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 297.805px; width: 374.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(119)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 320.711px; width: 376.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net financial items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(108)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(65)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial income and expenses are recognised in the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement at the amounts that relate to the financial reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The items comprise interest income and expenses, bank fees, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unwinding of discounting, financial expenses r<span class="_ _0"/>elating to finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, unrealised and realised exchange gains and losses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tisation of financial assets and liabilities and fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment of financial contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond interest expenses relate to bonds issued by SGL Gr<span class="_ _0"/>oup ApS, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">both existing bonds issued in 2023 and new bonds issued in March </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, financial expenses have been significantly impacted by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-off costs incurr<span class="_ _0"/>ed and premium paid as par<span class="_ _2"/>t of the r<span class="_ _0"/>edemption </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds, which also trigger<span class="_ _0"/>ed recognition of capitalised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loan costs and exchange rate loss on bonds redeemed.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4<span class="_ _1"/>.<span class="_ _37"/>1<span class="_ _2"/> F<span class="_ _2"/>I<span class="_ _2"/>NAN<span class="_ _1"/>C<span class="_ _2"/>IAL<span class="_ _1"/> ITE<span class="_ _2"/>M<span class="_ _1"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _139"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EURm<span class="_ _250"> </span>2024<span class="_ _ac"> </span>2023</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:333.828125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 0.0078125px; width: 105.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial income</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 22.873px; width: 373.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 45.7793px; width: 374.191px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 68.6855px; width: 374.004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.299px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 91.5918px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate gains</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.451px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 114.539px; width: 376.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 137.445px; width: 116.807px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial expenses</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 160.326px; width: 374.303px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.717px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 183.232px; width: 373.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 146.326px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 206.139px; width: 374.168px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond interest expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(83)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 229.045px; width: 374.449px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation of capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 251.951px; width: 373.857px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 274.857px; width: 376.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 297.805px; width: 374.051px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(119)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(81)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 320.711px; width: 376.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net financial items</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(108)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0176px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(65)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial income and expenses are recognised in the income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement at the amounts that relate to the financial reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The items comprise interest income and expenses, bank fees, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unwinding of discounting, financial expenses r<span class="_ _0"/>elating to finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, unrealised and realised exchange gains and losses, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tisation of financial assets and liabilities and fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustment of financial contracts.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond interest expenses relate to bonds issued by SGL Gr<span class="_ _0"/>oup ApS, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">both existing bonds issued in 2023 and new bonds issued in March </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Moreover<span class="_ _4"/>, financial expenses have been significantly impacted by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-off costs incurr<span class="_ _0"/>ed and premium paid as par<span class="_ _2"/>t of the r<span class="_ _0"/>edemption </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds, which also trigger<span class="_ _0"/>ed recognition of capitalised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">loan costs and exchange rate loss on bonds redeemed.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4<span class="_ _2"/>.<span class="_ _1"/>2<span class="_ _2"/> F<span class="_ _2"/>I<span class="_ _2"/>NANC<span class="_ _1"/>IAL R<span class="_ _2"/>I<span class="_ _2"/>S<span class="_ _1"/>K<span class="_ _2"/> MANA<span class="_ _75"/>G<span class="_ _1"/>E<span class="_ _2"/>M<span class="_ _2"/>E<span class="_ _1"/>NT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _4"/>’<span class="_ _75"/>s policy for managing financial risks</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Managing financial risks is an inherent part of SGL Group<span class="_ _75"/>’<span class="_ _75"/>s operating<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities due to its international operations. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is exposed to a number o<span class="_ _0"/>f financial risks, so monitoring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and controlling financial risks are important for SGL. Management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has assessed the following as SGL Group<span class="_ _75"/>’<span class="_ _75"/>s key financial risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Liquidity risk</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Regularly<span class="_ _75"/>, the Executive Management assesses whether SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has an adequate capital structure, just as the Board o<span class="_ _0"/>f Directors </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">periodically evaluates whether SGL Group<span class="_ _75"/>’<span class="_ _75"/>s capital structure is in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">line with the best interests o<span class="_ _0"/>f the SGL Group and its stakeholders. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management assesses whether the current capital structure is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sufficient to suppor<span class="_ _2"/>t SGL Group<span class="_ _75"/>’<span class="_ _75"/>s strategic plans. SGL Group ApS </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has, following last year<span class="_ _2"/>’<span class="_ _0"/>s issue of senior secured callable floating-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate bonds in an amount of EUR 750m within a total framework o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR 1,150m, issued new senior secured bonds in an amount o<span class="_ _0"/>f EUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">600m within a framework of EUR 900m. The bonds issued in April </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024, was issued to finance acquisitions as par<span class="_ _2"/>t of our M&amp;A strategy<span class="_ _75"/>, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>tial buy-backs of existing bonds and for general corporate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purposes.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In March and May 2024, SGL Group completed partial buy-backs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds in nominal amounts totalling EUR 471m funded by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the new bonds issued. Subsequently<span class="_ _75"/>, SGL Group par<span class="_ _2"/>tially redeemed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">own existing bonds of EUR 166m. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Combined with our long-term credit facilities we ensur<span class="_ _0"/>e that<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">we have the adequate capital structure and diversified financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">resources to enable our strategic goals and meet our financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligations.<span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Our current credit facilities with lar<span class="_ _0"/>ge reputable banks were </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">renegotiated in May 2023 and expire in 2027. The committed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">facilities contain standard clauses hereunder pari passu, negative </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pledge, change of contr<span class="_ _0"/>ol and financial covenants such as RCF debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to EBITDA ratio, solvency ratio and minimum availability on the RCF<span class="_ _4"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The covenants are continuously monitored to ensur<span class="_ _0"/>e compliance, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hence any risk of br<span class="_ _0"/>eaching the financial covenant is deemed highly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unlikely<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Specific terms and conditions apply for the issued bonds regar<span class="_ _0"/>ding<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negative pledge, redemption and change o<span class="_ _0"/>f control. Interest is paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">quar<span class="_ _2"/>terly<span class="_ _75"/>, and the bond debt matures in 2028 and 2030, respectively<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The bonds are listed on Nasdaq Stockholm and Börse Frankfurt.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">LIQUIDITY RESERVE </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:135.359375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 377.227px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 48.6386px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 21.5918px; width: 373.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash and cash equivalents</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.637px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 44.498px; width: 373.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bank overdraft</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.125px; top: 67.4453px; width: 375.311px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">136</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 99.2949px; width: 373.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Undrawn credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">74</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">138</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.125px; top: 122.242px; width: 375.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Liquidity reser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">149</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">274</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:486.837890625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.547px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 10.6484px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.312px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 780.828px; top: 10.9141px; width: 35.2969px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 564.812px; top: 23.2949px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.281px; top: 23.2949px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 23.2949px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.4199px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.25px; top: 33.7949px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 687.188px; top: 33.7949px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.594px; top: 33.7949px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 54.4043px; width: 808.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 77.3105px; width: 807.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 100.217px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 123.123px; width: 807.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 146.029px; width: 807.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 297.973px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 168.977px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 191.883px; width: 807.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 214.789px; width: 807.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 246.529px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 267.514px; width: 807.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.359px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">624</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,303</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">959</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">892</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 290.42px; width: 807.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">48</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">97</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 313.326px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 336.232px; width: 807.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 359.139px; width: 807.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 382.086px; width: 808.189px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">442</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">689</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,777</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,406</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,339</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 404.951px; width: 807.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">60</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 427.873px; width: 807.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 450.82px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 473.727px; width: 808.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">479</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">727</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,852</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,402</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:490.666015625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 1.33594px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 781.453px; top: 10.0078px; width: 34.998px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 565.688px; top: 22.3887px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.984px; top: 22.3887px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 22.3887px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.5293px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.656px; top: 32.8887px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 686.453px; top: 32.8887px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.891px; top: 32.8887px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 53.498px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 76.4043px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 99.3105px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 122.217px; width: 808.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 145.123px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.324px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 168.07px; width: 807.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">462</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 190.936px; width: 807.504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 213.883px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.1px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 236.789px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.756px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">461</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 273.217px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 294.201px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,015</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">743</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 317.107px; width: 807.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 340.076px; width: 86.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 324.781px; top: 340.014px; width: 487.506px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.982px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.697px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.889px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 408.836px; width: 808.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">377</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,063</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,466</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,085</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,068</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.701px; width: 807.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 454.648px; width: 807.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.367px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 477.555px; width: 807.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">387</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,064</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,477</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,079</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and other payables are adjusted for non-financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities such as V<span class="_ _75"/>A<span class="_ _75"/>T and prepayments as well as assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and liabilities measured at fair value through pr<span class="_ _0"/>ofit or loss as earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments measured at fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments measured at fair value are categorised into </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">three levels: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">- <span class="_ _2d"/>Level 1: F<span class="_ _75"/>air values measured using obser<span class="_ _2"/>vable and unadjusted<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">quoted prices in active markets for the asset or liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">- <span class="_ _2d"/>Level 2: F<span class="_ _75"/>air values measured using valuation techniques and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obser<span class="_ _2"/>vable inputs other than quoted prices in active markets for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comparable instruments, for the asset or liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">- <span class="_ _2d"/>Level 3: F<span class="_ _75"/>air values measured using unobser<span class="_ _2"/>vable inputs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has no financial instruments measured at fair value based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on level 1 input (quoted active market prices). Assets and liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other than the categories mentioned below are recognised with a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carr<span class="_ _2"/>ying amount that is a reasonable appro<span class="_ _0"/>ximation of its fair value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowings</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowings mainly comprise bonds issued with a nominal amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of EUR 1,184m and drawn cr<span class="_ _0"/>edit facilities of EUR 69m measured at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised cost. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The fair value using obser<span class="_ _2"/>vable quoted prices in active markets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(level 1) of net issued bonds on 31 December 2024 was EUR 1,203m </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2023: EUR 743m) based on quoted bond rates at Börse Frankfur<span class="_ _2"/>t, of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which SGL holds EUR 313m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earn-out related to acquisitions ar<span class="_ _0"/>e measured at fair value using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unobser<span class="_ _2"/>vable inputs (level 3) and classified as other payables. On 31 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">December 2024, fair value amounted to EUR 53m (2023: EUR 11m) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on expected EBITDA in the earn-out period using a W<span class="_ _75"/>ACC in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the range of 12.1% to 17.2%. The earn-outs ar<span class="_ _0"/>e expected to be paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">in 2025, 2026 and 2027.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Credit risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Credit risk is the risk o<span class="_ _0"/>f a counterpar<span class="_ _2"/>ty not meeting its obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">under a financial instrument or customer contract, leading to a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is exposed to credit risk fr<span class="_ _0"/>om its operating activities, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">primarily trade receivables, and from its financing activities, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including deposits with banks and financial institutions (to the extent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the balance is in surplus of SGL Gr<span class="_ _0"/>oup).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has established procedur<span class="_ _0"/>es for handling credit risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and actively monitors and limits risks and losses on receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Historically<span class="_ _75"/>, losses on receivables are at a low level.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the simplified approach to the pr<span class="_ _0"/>ovision of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses in accordance with IFRS 9. This appr<span class="_ _0"/>oach takes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into consideration the lifetime expected loss provision for both trade<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets. T<span class="_ _37"/>o measure the expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, the trade receivables and contract assets have been grouped </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the days past due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Interest rate risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Interest rate risk arises from fluctuations in the market inter<span class="_ _0"/>est rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and can impact the fair value or future cash flows o<span class="_ _0"/>f a financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instrument. The company’<span class="_ _75"/>s bond debt is exposed to such risk, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a 1% increase in variable interest rates would r<span class="_ _0"/>esult in a EUR 9m rise </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in annual interest expense. However<span class="_ _4"/>, af<span class="_ _2"/>ter combining the company’<span class="_ _75"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">net cash position with its interest rate- and cross-curr<span class="_ _0"/>ency swaps, the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exposure is mitigated to a decrease o<span class="_ _0"/>f EUR (3)m annually<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign curr<span class="_ _0"/>ency risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign currency risk is the risk that the fair value or futur<span class="_ _0"/>e cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows of an exposur<span class="_ _0"/>e will fluctuate because of changes in foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange rates, primarily from USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD<span class="_ _75"/>.<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s exposure to the risk of changes in foreign exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates relates primarily to SGL Group<span class="_ _4"/>’<span class="_ _0"/>s operating activities (when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue or expense is denominated in a foreign curr<span class="_ _0"/>ency) and SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s net investments in foreign subsidiaries. The main currencies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for revenue and costs are USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD<span class="_ _75"/>. SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group manages its foreign curr<span class="_ _0"/>ency risk on an ongoing basis.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The sensitivity analysis shows the impact on net pro<span class="_ _0"/>fit and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income on the assumption o<span class="_ _0"/>f changes to SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s most significant currencies towards EUR with all other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">variables remaining constant.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">TRADE RECEIV<span class="_ _0"/>ABLES AND CONTRACT ASSETS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:137.75px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.686px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 238.23px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 37.5877px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.10938px; top: 22.873px; width: 221.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables before provision for </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 287.453px; top: 31.123px; width: 91.7812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.1642px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">272</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.10938px; top: 39.373px; width: 90.5742px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">expected losses</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.10938px; top: 62.2793px; width: 374.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 202.67px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.9259px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.10938px; top: 85.1855px; width: 374.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Provision for expected credit losses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4279px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.10938px; top: 108.133px; width: 160.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net trade receivable and </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 285.562px; top: 116.383px; width: 92.7129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">487</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.4062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">307</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.10938px; top: 124.633px; width: 93.3164px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">contract assets</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EXPECTED CREDIT LOSSES ON TRADE RECEIV<span class="_ _75"/>ABLES AND CONTRACT ASSETS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:353.703125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 811.148px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 446.711px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 261.568px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 290.109px; top: 23.6699px; width: 35.2969px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROSS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 583.125px; top: 23.6699px; width: 35.2969px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GROSS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 344.125px; top: 28.9199px; width: 78.5566px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EXPECTED LOSS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 494.25px; top: 28.9199px; width: 26.625px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LOSS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 638.484px; top: 28.9199px; width: 78.5566px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EXPECTED LOSS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 787.641px; top: 28.9199px; width: 26.625px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LOSS </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.844px; top: 34.1699px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 564.812px; top: 34.1699px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 394.828px; top: 39.4199px; width: 24.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 456.062px; top: 39.4199px; width: 62.8887px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ALLOW</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANCE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 689.094px; top: 39.4199px; width: 24.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 748.672px; top: 39.4199px; width: 62.8887px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ALLOW</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANCE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 275px; top: 44.6699px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 569.766px; top: 44.6699px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 65.6543px; width: 806.73px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Not overdue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.24px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">357</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.6%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">224</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.7%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 88.5605px; width: 806.701px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Overdue 1-30 days</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.783px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">60</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.8%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.5%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 111.467px; width: 807.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Overdue 31-60 days</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5.1%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4.6%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 134.389px; width: 807.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Overdue 61-90 days</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.756px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6.8%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6.9%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.7733px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 157.295px; width: 806.648px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Overdue more than 90 days</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">48</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19.4%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.5176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(9)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15.8%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 180.242px; width: 806.713px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 263.502px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">502</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.283px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.125px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">314</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 226.014px; width: 807.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Write-downs 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 366.147px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 248.92px; width: 807.023px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 371.555px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 277.951px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 271.826px; width: 807.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 277.951px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 294.732px; width: 806.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Reversals</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 454.928px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 317.639px; width: 807.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Write-downs realised</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 382.226px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 286.107px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 340.586px; width: 807.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Write-downs 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 323.397px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(15)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(7)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">CURRENCY RISK - SENSITIVITY ANAL<span class="_ _0"/>YSIS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:192.177734375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 585.896px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 302.683px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 180.346px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 424.297px; top: 22.5449px; width: 35.7422px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 636.047px; top: 22.5449px; width: 35.7422px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 293.875px; top: 27.7949px; width: 59.7305px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NET PROFIT </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 33.0449px; width: 208.846px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CURRENCY</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CHANGE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 373.234px; top: 33.0449px; width: 87.8438px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMPREHENSIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.734px; top: 33.0449px; width: 57.4688px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NET PROFIT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 584.422px; top: 33.0449px; width: 87.8438px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMPREHENSIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 282.531px; top: 38.2949px; width: 69.5625px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FOR THE YEAR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 411.25px; top: 43.5449px; width: 46.6641px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOMES</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 629.375px; top: 43.5449px; width: 41.1445px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOME</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 64.5293px; width: 665.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">USD</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.631px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 87.4355px; width: 665.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SEK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.299px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.5116px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 110.342px; width: 666.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">HKD</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.756px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.3886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 133.248px; width: 665.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GBP</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.316px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 156.154px; width: 665.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RMB</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 179.061px; width: 180.68px; white-space: pre; word-spacing: 0.1755px; letter-spacing: -0.1755px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AUD</span><span style="word-spacing: 0.1755px; letter-spacing: -0.1755px; display: inline-block; margin-left: 0px; width: 153.756px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.14648px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 184.32px; top: 179.061px; width: 23.5898px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 207.91px; top: 179.061px; width: 137.238px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 345.148px; top: 179.061px; width: 5.26758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 350.416px; top: 179.061px; width: 100.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 451.262px; top: 179.061px; width: 5.40234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 456.664px; top: 179.061px; width: 101.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 558.184px; top: 179.061px; width: 5.26758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 563.451px; top: 179.061px; width: 100.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 664.297px; top: 179.061px; width: 5.40234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:296.978515625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1124.06px; top: 0.0136718px; width: 102.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NON-CASH CHANGE</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 1.75781px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 1641.8px; top: 1.75781px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.453px; top: 19.1387px; width: 199.4px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">EFFECTIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 624.344px; top: 19.1387px; width: 54.2871px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 747.625px; top: 19.1387px; width: 203.045px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CASH FLOW</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 96.996px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BUSINESS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1051.64px; top: 19.1387px; width: 46.4121px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FOREIGN </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1182.42px; top: 19.1387px; width: 490.406px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ADDITIONS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">DISPOSALS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CARRYING</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 485.953px; top: 29.6387px; width: 48.9434px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INTEREST </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 629.562px; top: 29.6387px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 871.562px; top: 29.6387px; width: 79.3887px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMBINA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1040.36px; top: 29.6387px; width: 54.9551px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EXCHANGE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1625.89px; top: 29.6387px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 507.109px; top: 40.1387px; width: 24.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 621.75px; top: 40.1387px; width: 53.8301px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1 JANU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ARY</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1060.25px; top: 40.1387px; width: 34.1719px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EFFECT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1607px; top: 40.1387px; width: 66.416px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">31 DECEMBER</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 54.748px; width: 61.5352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 77.6543px; width: 1668.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Issued bonds, EUR 750 million</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2028</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5332px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3m EURIBOR + 6.75%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.207px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(166)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">584</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 100.561px; width: 1668.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Hereo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f bonds held by SGL Group</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 152.672px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2028</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3m EURIBOR + 6.75%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 243.773px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(494)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">166</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(305)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 123.467px; width: 1668.71px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Issued bonds, EUR 600 million</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2030</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.6953px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3m EURIBOR + 4.75%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.162px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">600</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">600</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 146.373px; width: 1668.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 514.406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(24)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(13)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(19)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(56)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 169.32px; width: 1669.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net bond debt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 556.8px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">823</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 192.186px; width: 1668.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 580.429px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">68</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">69</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 215.133px; width: 1669.22px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 575.805px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.145px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">161</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">892</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 238.014px; width: 1669.02px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayable interests</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 566.981px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.162px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(78)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 260.92px; width: 1668.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities**</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 559.406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(22)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.434px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 283.867px; width: 1668.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 617.648px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">795</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">61</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">974</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:242.203125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 1639.3px; top: 0.0078125px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 22.873px; width: 61.5352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 45.7793px; width: 1668.69px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Issued bonds, EUR 750m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.967px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2028</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3m EURIBOR + 6.75%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 68.6855px; width: 1668.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Redeemed bonds, EUR 538m*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 482.175px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(193)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.588px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">193</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 91.5918px; width: 1668.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.69px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(28)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(24)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 114.539px; width: 1672.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net bond debt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 578.648px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">529</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">193</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 137.404px; width: 1668.71px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 580.429px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.207px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 160.352px; width: 1668.89px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 593.404px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">529</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">197</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 183.232px; width: 1668.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayable interests</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 568.864px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(58)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">64</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 206.139px; width: 1668.64px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities**</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 568.864px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(13)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">74</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 229.086px; width: 1668.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 635.239px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.891px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">458</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">271</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">66</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">795</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">* <span class="_ _2d"/>Pr<span class="_ _0"/>eviously issued bonds by SGL International A/S assumed as par<span class="_ _2"/>t of the acquisition of Scan (Jersey) T<span class="_ _37"/>opCo Limited and SGL T<span class="_ _4"/>ransGroup US Corp. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">** <span class="_ _2d"/>P<span class="_ _0"/>aid interest expenses related to lease payments amounted to EUR 8m (2023: EUR 5m). T<span class="_ _37"/>otal cash flows from leases amounted to EUR 22m (2023: EUR 18m).</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Liquidity risk</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Regularly<span class="_ _75"/>, the Executive Management assesses whether SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has an adequate capital structure, just as the Board o<span class="_ _0"/>f Directors </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">periodically evaluates whether SGL Group<span class="_ _75"/>’<span class="_ _75"/>s capital structure is in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">line with the best interests o<span class="_ _0"/>f the SGL Group and its stakeholders. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management assesses whether the current capital structure is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sufficient to suppor<span class="_ _2"/>t SGL Group<span class="_ _75"/>’<span class="_ _75"/>s strategic plans. SGL Group ApS </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has, following last year<span class="_ _2"/>’<span class="_ _0"/>s issue of senior secured callable floating-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate bonds in an amount of EUR 750m within a total framework o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR 1,150m, issued new senior secured bonds in an amount o<span class="_ _0"/>f EUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">600m within a framework of EUR 900m. The bonds issued in April </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024, was issued to finance acquisitions as par<span class="_ _2"/>t of our M&amp;A strategy<span class="_ _75"/>, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>tial buy-backs of existing bonds and for general corporate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purposes.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In March and May 2024, SGL Group completed partial buy-backs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds in nominal amounts totalling EUR 471m funded by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the new bonds issued. Subsequently<span class="_ _75"/>, SGL Group par<span class="_ _2"/>tially redeemed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">own existing bonds of EUR 166m. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Combined with our long-term credit facilities we ensur<span class="_ _0"/>e that<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">we have the adequate capital structure and diversified financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">resources to enable our strategic goals and meet our financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligations.<span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Our current credit facilities with lar<span class="_ _0"/>ge reputable banks were </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">renegotiated in May 2023 and expire in 2027. The committed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">facilities contain standard clauses hereunder pari passu, negative </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pledge, change of contr<span class="_ _0"/>ol and financial covenants such as RCF debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to EBITDA ratio, solvency ratio and minimum availability on the RCF<span class="_ _4"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The covenants are continuously monitored to ensur<span class="_ _0"/>e compliance, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hence any risk of br<span class="_ _0"/>eaching the financial covenant is deemed highly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unlikely<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Specific terms and conditions apply for the issued bonds regar<span class="_ _0"/>ding<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negative pledge, redemption and change o<span class="_ _0"/>f control. Interest is paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">quar<span class="_ _2"/>terly<span class="_ _75"/>, and the bond debt matures in 2028 and 2030, respectively<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The bonds are listed on Nasdaq Stockholm and Börse Frankfurt.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">LIQUIDITY RESERVE </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:135.359375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 377.227px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 48.6386px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 21.5918px; width: 373.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash and cash equivalents</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.637px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 44.498px; width: 373.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bank overdraft</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.125px; top: 67.4453px; width: 375.311px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">136</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 99.2949px; width: 373.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Undrawn credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">74</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">138</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.125px; top: 122.242px; width: 375.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Liquidity reser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">149</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">274</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Liquidity risk</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Regularly<span class="_ _75"/>, the Executive Management assesses whether SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has an adequate capital structure, just as the Board o<span class="_ _0"/>f Directors </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">periodically evaluates whether SGL Group<span class="_ _75"/>’<span class="_ _75"/>s capital structure is in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">line with the best interests o<span class="_ _0"/>f the SGL Group and its stakeholders. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management assesses whether the current capital structure is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sufficient to suppor<span class="_ _2"/>t SGL Group<span class="_ _75"/>’<span class="_ _75"/>s strategic plans. SGL Group ApS </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has, following last year<span class="_ _2"/>’<span class="_ _0"/>s issue of senior secured callable floating-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate bonds in an amount of EUR 750m within a total framework o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR 1,150m, issued new senior secured bonds in an amount o<span class="_ _0"/>f EUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">600m within a framework of EUR 900m. The bonds issued in April </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024, was issued to finance acquisitions as par<span class="_ _2"/>t of our M&amp;A strategy<span class="_ _75"/>, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">par<span class="_ _2"/>tial buy-backs of existing bonds and for general corporate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purposes.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In March and May 2024, SGL Group completed partial buy-backs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of existing bonds in nominal amounts totalling EUR 471m funded by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the new bonds issued. Subsequently<span class="_ _75"/>, SGL Group par<span class="_ _2"/>tially redeemed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">own existing bonds of EUR 166m. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Combined with our long-term credit facilities we ensur<span class="_ _0"/>e that<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">we have the adequate capital structure and diversified financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">resources to enable our strategic goals and meet our financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligations.<span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Our current credit facilities with lar<span class="_ _0"/>ge reputable banks were </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">renegotiated in May 2023 and expire in 2027. The committed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">facilities contain standard clauses hereunder pari passu, negative </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pledge, change of contr<span class="_ _0"/>ol and financial covenants such as RCF debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to EBITDA ratio, solvency ratio and minimum availability on the RCF<span class="_ _4"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The covenants are continuously monitored to ensur<span class="_ _0"/>e compliance, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hence any risk of br<span class="_ _0"/>eaching the financial covenant is deemed highly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unlikely<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Specific terms and conditions apply for the issued bonds regar<span class="_ _0"/>ding<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">negative pledge, redemption and change o<span class="_ _0"/>f control. Interest is paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">quar<span class="_ _2"/>terly<span class="_ _75"/>, and the bond debt matures in 2028 and 2030, respectively<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The bonds are listed on Nasdaq Stockholm and Börse Frankfurt.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">LIQUIDITY RESERVE </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:135.359375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 377.227px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 48.6386px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 21.5918px; width: 373.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash and cash equivalents</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.637px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 44.498px; width: 373.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bank overdraft</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.125px; top: 67.4453px; width: 375.311px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.3085px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">136</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 99.2949px; width: 373.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Undrawn credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">74</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">138</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.125px; top: 122.242px; width: 375.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Liquidity reser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.871px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">149</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.0821px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">274</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:486.837890625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.547px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 10.6484px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.312px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 780.828px; top: 10.9141px; width: 35.2969px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 564.812px; top: 23.2949px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.281px; top: 23.2949px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 23.2949px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.4199px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.25px; top: 33.7949px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 687.188px; top: 33.7949px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.594px; top: 33.7949px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 54.4043px; width: 808.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 77.3105px; width: 807.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 100.217px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 123.123px; width: 807.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 146.029px; width: 807.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 297.973px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 168.977px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 191.883px; width: 807.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 214.789px; width: 807.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 246.529px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 267.514px; width: 807.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.359px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">624</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,303</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">959</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">892</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 290.42px; width: 807.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">48</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">97</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 313.326px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 336.232px; width: 807.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 359.139px; width: 807.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 382.086px; width: 808.189px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">442</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">689</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,777</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,406</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,339</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 404.951px; width: 807.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">60</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 427.873px; width: 807.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 450.82px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 473.727px; width: 808.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">479</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">727</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,852</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,402</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:490.666015625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 1.33594px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 781.453px; top: 10.0078px; width: 34.998px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 565.688px; top: 22.3887px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.984px; top: 22.3887px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 22.3887px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.5293px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.656px; top: 32.8887px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 686.453px; top: 32.8887px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.891px; top: 32.8887px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 53.498px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 76.4043px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 99.3105px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 122.217px; width: 808.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 145.123px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.324px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 168.07px; width: 807.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">462</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 190.936px; width: 807.504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 213.883px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.1px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 236.789px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.756px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">461</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 273.217px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 294.201px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,015</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">743</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 317.107px; width: 807.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 340.076px; width: 86.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 324.781px; top: 340.014px; width: 487.506px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.982px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.697px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.889px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 408.836px; width: 808.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">377</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,063</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,466</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,085</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,068</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.701px; width: 807.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 454.648px; width: 807.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.367px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 477.555px; width: 807.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">387</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,064</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,477</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,079</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and other payables are adjusted for non-financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities such as V<span class="_ _75"/>A<span class="_ _75"/>T and prepayments as well as assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and liabilities measured at fair value through pr<span class="_ _0"/>ofit or loss as earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:296.978515625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1124.06px; top: 0.0136718px; width: 102.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NON-CASH CHANGE</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 1.75781px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 1641.8px; top: 1.75781px; width: 32.1094px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.453px; top: 19.1387px; width: 199.4px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">EFFECTIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 624.344px; top: 19.1387px; width: 54.2871px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 747.625px; top: 19.1387px; width: 203.045px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CASH FLOW</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 96.996px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BUSINESS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1051.64px; top: 19.1387px; width: 46.4121px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FOREIGN </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1182.42px; top: 19.1387px; width: 490.406px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ADDITIONS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">DISPOSALS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CARRYING</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 485.953px; top: 29.6387px; width: 48.9434px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INTEREST </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 629.562px; top: 29.6387px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 871.562px; top: 29.6387px; width: 79.3887px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMBINA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1040.36px; top: 29.6387px; width: 54.9551px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EXCHANGE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1625.89px; top: 29.6387px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 507.109px; top: 40.1387px; width: 24.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RA</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 621.75px; top: 40.1387px; width: 53.8301px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1 JANU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ARY</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1060.25px; top: 40.1387px; width: 34.1719px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EFFECT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1607px; top: 40.1387px; width: 66.416px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">31 DECEMBER</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 54.748px; width: 61.5352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 77.6543px; width: 1668.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Issued bonds, EUR 750 million</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2028</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.5332px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3m EURIBOR + 6.75%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.207px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(166)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">584</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 100.561px; width: 1668.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Hereo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f bonds held by SGL Group</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 152.672px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2028</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3m EURIBOR + 6.75%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 243.773px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(494)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">166</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(305)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 123.467px; width: 1668.71px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Issued bonds, EUR 600 million</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.857px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2030</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.6953px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3m EURIBOR + 4.75%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.162px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">600</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">600</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 146.373px; width: 1668.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 514.406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(24)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(13)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.723px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(19)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(56)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 169.32px; width: 1669.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net bond debt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 556.8px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">823</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 192.186px; width: 1668.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 580.429px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">68</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">69</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 215.133px; width: 1669.22px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 575.805px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.145px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">161</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">892</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 238.014px; width: 1669.02px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayable interests</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 566.981px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.162px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(78)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 260.92px; width: 1668.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities**</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 559.406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(22)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.434px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">21</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 283.867px; width: 1668.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 617.648px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">795</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">61</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">974</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:242.203125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 1639.3px; top: 0.0078125px; width: 31.8164px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 22.873px; width: 61.5352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 45.7793px; width: 1668.69px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Issued bonds, EUR 750m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.967px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2028</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 18.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3m EURIBOR + 6.75%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 68.6855px; width: 1668.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Redeemed bonds, EUR 538m*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 482.175px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(193)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.588px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">193</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 91.5918px; width: 1668.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Capitalised loan costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.69px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(28)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(24)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 114.539px; width: 1672.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net bond debt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 578.648px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">529</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">193</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 137.404px; width: 1668.71px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 580.429px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.207px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 160.352px; width: 1668.89px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 593.404px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.312px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">529</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">197</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 183.232px; width: 1668.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ayable interests</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 568.864px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 106.74px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(58)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">64</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 206.139px; width: 1668.64px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities**</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 568.864px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(13)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">74</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.306px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.375px; top: 229.086px; width: 1668.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 635.239px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.891px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">458</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.387px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">271</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">66</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">795</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">* <span class="_ _2d"/>Pr<span class="_ _0"/>eviously issued bonds by SGL International A/S assumed as par<span class="_ _2"/>t of the acquisition of Scan (Jersey) T<span class="_ _37"/>opCo Limited and SGL T<span class="_ _4"/>ransGroup US Corp. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">** <span class="_ _2d"/>P<span class="_ _0"/>aid interest expenses related to lease payments amounted to EUR 8m (2023: EUR 5m). T<span class="_ _37"/>otal cash flows from leases amounted to EUR 22m (2023: EUR 18m).</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:486.837890625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.547px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 10.6484px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.312px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 780.828px; top: 10.9141px; width: 35.2969px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 564.812px; top: 23.2949px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.281px; top: 23.2949px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 23.2949px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.4199px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.25px; top: 33.7949px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 687.188px; top: 33.7949px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.594px; top: 33.7949px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 54.4043px; width: 808.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 77.3105px; width: 807.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 100.217px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 123.123px; width: 807.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 146.029px; width: 807.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 297.973px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 168.977px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 191.883px; width: 807.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 214.789px; width: 807.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 246.529px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 267.514px; width: 807.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.359px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">624</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,303</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">959</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">892</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 290.42px; width: 807.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">48</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">97</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 313.326px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 336.232px; width: 807.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 359.139px; width: 807.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 382.086px; width: 808.189px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">442</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">689</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,777</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,406</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,339</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 404.951px; width: 807.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">60</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 427.873px; width: 807.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 450.82px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 473.727px; width: 808.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">479</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">727</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,852</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,402</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:490.666015625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 1.33594px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 781.453px; top: 10.0078px; width: 34.998px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 565.688px; top: 22.3887px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.984px; top: 22.3887px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 22.3887px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.5293px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.656px; top: 32.8887px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 686.453px; top: 32.8887px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.891px; top: 32.8887px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 53.498px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 76.4043px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 99.3105px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 122.217px; width: 808.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 145.123px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.324px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 168.07px; width: 807.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">462</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 190.936px; width: 807.504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 213.883px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.1px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 236.789px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.756px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">461</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 273.217px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 294.201px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,015</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">743</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 317.107px; width: 807.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 340.076px; width: 86.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 324.781px; top: 340.014px; width: 487.506px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.982px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.697px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.889px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 408.836px; width: 808.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">377</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,063</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,466</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,085</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,068</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.701px; width: 807.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 454.648px; width: 807.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.367px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 477.555px; width: 807.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">387</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,064</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,477</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,079</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and other payables are adjusted for non-financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities such as V<span class="_ _75"/>A<span class="_ _75"/>T and prepayments as well as assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and liabilities measured at fair value through pr<span class="_ _0"/>ofit or loss as earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities are recognised on the loan issuance equal to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">proceeds received net o<span class="_ _0"/>f transaction costs incurred. Interest<span class="_ _4"/>-bearing<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt is subsequently measured at amortised cost, using the effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowing costs, including capital losses, are r<span class="_ _0"/>ecognised as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing costs in the income statement over the loan term. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other liabilities are measured at net r<span class="_ _0"/>ealisable value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>rade receivables, trade payables and other receivables and payables </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">per<span class="_ _2"/>taining to operating activities are consider<span class="_ _0"/>ed to have a carr<span class="_ _2"/>ying<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount that is an approximation o<span class="_ _0"/>f fair value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial assets are classified based on the contractual cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow characteristics of the financial asset as well as our intention with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset according to our business model. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If cash flows from a financial asset are solely payments o<span class="_ _0"/>f principal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and interests, the classification is either:<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">Amor<span class="_ _2"/>tised cost, for financial assets, where the objective is to hold </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the financial asset to collect the contractual cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="fc3 ws1">F<span class="_ _0"/>air value through pro<span class="_ _0"/>fit/loss, for other financial assets. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedge accounting has not been applied. All changes in financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments are recognised as financial income or financial expenses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the income statement. SGL Group<span class="_ _75"/>’<span class="_ _75"/>s foreign currency risk mainly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relates to USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD and the exposure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">towards these currencies is described above.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:486.837890625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.547px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 10.6484px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.312px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 780.828px; top: 10.9141px; width: 35.2969px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 564.812px; top: 23.2949px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.281px; top: 23.2949px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 23.2949px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.4199px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.25px; top: 33.7949px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 687.188px; top: 33.7949px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.594px; top: 33.7949px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 54.4043px; width: 808.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 77.3105px; width: 807.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 100.217px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 123.123px; width: 807.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 146.029px; width: 807.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 297.973px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 168.977px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 191.883px; width: 807.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 214.789px; width: 807.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 246.529px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 267.514px; width: 807.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.359px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">624</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,303</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">959</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">892</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 290.42px; width: 807.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">48</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">97</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 313.326px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 336.232px; width: 807.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 359.139px; width: 807.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 382.086px; width: 808.189px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">442</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">689</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,777</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,406</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,339</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 404.951px; width: 807.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">60</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 427.873px; width: 807.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 450.82px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 473.727px; width: 808.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">479</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">727</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,852</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,402</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:490.666015625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 1.33594px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 781.453px; top: 10.0078px; width: 34.998px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 565.688px; top: 22.3887px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.984px; top: 22.3887px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 22.3887px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.5293px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.656px; top: 32.8887px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 686.453px; top: 32.8887px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.891px; top: 32.8887px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 53.498px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 76.4043px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 99.3105px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 122.217px; width: 808.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 145.123px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.324px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 168.07px; width: 807.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">462</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 190.936px; width: 807.504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 213.883px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.1px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 236.789px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.756px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">461</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 273.217px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 294.201px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,015</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">743</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 317.107px; width: 807.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 340.076px; width: 86.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 324.781px; top: 340.014px; width: 487.506px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.982px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.697px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.889px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 408.836px; width: 808.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">377</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,063</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,466</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,085</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,068</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.701px; width: 807.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 454.648px; width: 807.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.367px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 477.555px; width: 807.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">387</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,064</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,477</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,079</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and other payables are adjusted for non-financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities such as V<span class="_ _75"/>A<span class="_ _75"/>T and prepayments as well as assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and liabilities measured at fair value through pr<span class="_ _0"/>ofit or loss as earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:486.837890625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.547px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 10.6484px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.312px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 780.828px; top: 10.9141px; width: 35.2969px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 564.812px; top: 23.2949px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.281px; top: 23.2949px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 23.2949px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.4199px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.25px; top: 33.7949px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 687.188px; top: 33.7949px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.594px; top: 33.7949px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 54.4043px; width: 808.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">447</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">432</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 77.3105px; width: 807.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 100.217px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">25</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 123.123px; width: 807.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 146.029px; width: 807.539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 297.973px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 168.977px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 191.883px; width: 807.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 214.789px; width: 807.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.459px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">592</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">588</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 246.529px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 267.514px; width: 807.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.359px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">603</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">624</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,303</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">959</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">892</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 290.42px; width: 807.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">48</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">97</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 313.326px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 233.895px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">182</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 336.232px; width: 807.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.012px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 359.139px; width: 807.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">76</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.1406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6094px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">114</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 382.086px; width: 808.189px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">442</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">689</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,777</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,406</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,339</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 404.951px; width: 807.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.371px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">60</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">53</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 427.873px; width: 807.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 450.82px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 473.727px; width: 808.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">479</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">727</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">646</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,852</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,402</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:490.666015625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 0.0136718px; width: 146.854px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MA</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TURIT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y OF CONTRACTU</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL </span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 1.33594px; width: 38.9414px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.781px; top: 10.5137px; width: 146.912px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UNDISCOUNTED CASH FL</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OWS</span></span><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 781.453px; top: 10.0078px; width: 34.998px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023 </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 565.688px; top: 22.3887px; width: 62.7539px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OT</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AL CASH </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 696.984px; top: 22.3887px; width: 24.2695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AIR </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 759.609px; top: 22.3887px; width: 54.375px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CARRYING </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.5293px; width: 531.68px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt;1 YEAR</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.994px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1-5 YEARS</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">&gt; 5 YEARS</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 591.656px; top: 32.8887px; width: 34.4414px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLOWS</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 686.453px; top: 32.8887px; width: 31.7988px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">V</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ALUE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 765.891px; top: 32.8887px; width: 46.8047px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AMOUNT</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 53.498px; width: 807.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">265</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 76.4043px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 237.422px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 99.3105px; width: 807.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.721px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 122.217px; width: 808.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables from related parties</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 145.123px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.324px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">142</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 168.07px; width: 807.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.834px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">462</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 190.936px; width: 807.504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest and currency derivatives</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 213.883px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.1px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 236.789px; width: 807.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.756px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">461</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.1955px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">469</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">471</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 273.217px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 294.201px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.1px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,015</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">743</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">726</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 317.107px; width: 807.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.221px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">91</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">63</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 340.076px; width: 86.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 324.781px; top: 340.014px; width: 487.506px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">139</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 362.982px; width: 807.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.697px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">84</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 385.889px; width: 807.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">56</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 408.836px; width: 808.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised costs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">377</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,063</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,466</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,085</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,068</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 431.701px; width: 807.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Earn-out</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 276.058px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 454.648px; width: 807.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value through profit or loss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.367px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 477.555px; width: 807.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal financial liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.369px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">387</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,064</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">26</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,477</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.3517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,096</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,079</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and other payables are adjusted for non-financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities such as V<span class="_ _75"/>A<span class="_ _75"/>T and prepayments as well as assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and liabilities measured at fair value through pr<span class="_ _0"/>ofit or loss as earn-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outs.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments measured at fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments measured at fair value are categorised into </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">three levels: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">- <span class="_ _2d"/>Level 1: F<span class="_ _75"/>air values measured using obser<span class="_ _2"/>vable and unadjusted<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">quoted prices in active markets for the asset or liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">- <span class="_ _2d"/>Level 2: F<span class="_ _75"/>air values measured using valuation techniques and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obser<span class="_ _2"/>vable inputs other than quoted prices in active markets for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comparable instruments, for the asset or liability<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">- <span class="_ _2d"/>Level 3: F<span class="_ _75"/>air values measured using unobser<span class="_ _2"/>vable inputs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has no financial instruments measured at fair value based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on level 1 input (quoted active market prices). Assets and liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other than the categories mentioned below are recognised with a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carr<span class="_ _2"/>ying amount that is a reasonable appro<span class="_ _0"/>ximation of its fair value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowings</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowings mainly comprise bonds issued with a nominal amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of EUR 1,184m and drawn cr<span class="_ _0"/>edit facilities of EUR 69m measured at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amor<span class="_ _2"/>tised cost. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The fair value using obser<span class="_ _2"/>vable quoted prices in active markets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(level 1) of net issued bonds on 31 December 2024 was EUR 1,203m </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2023: EUR 743m) based on quoted bond rates at Börse Frankfur<span class="_ _2"/>t, of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which SGL holds EUR 313m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earn-out related to acquisitions ar<span class="_ _0"/>e measured at fair value using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unobser<span class="_ _2"/>vable inputs (level 3) and classified as other payables. On 31 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">December 2024, fair value amounted to EUR 53m (2023: EUR 11m) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on expected EBITDA in the earn-out period using a W<span class="_ _75"/>ACC in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the range of 12.1% to 17.2%. The earn-outs ar<span class="_ _0"/>e expected to be paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in 2025, 2026 and 2027.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Credit risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Credit risk is the risk o<span class="_ _0"/>f a counterpar<span class="_ _2"/>ty not meeting its obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">under a financial instrument or customer contract, leading to a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is exposed to credit risk fr<span class="_ _0"/>om its operating activities, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">primarily trade receivables, and from its financing activities, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including deposits with banks and financial institutions (to the extent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the balance is in surplus of SGL Gr<span class="_ _0"/>oup).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group has established procedur<span class="_ _0"/>es for handling credit risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and actively monitors and limits risks and losses on receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Historically<span class="_ _75"/>, losses on receivables are at a low level.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group applies the simplified approach to the pr<span class="_ _0"/>ovision of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected credit losses in accordance with IFRS 9. This appr<span class="_ _0"/>oach takes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into consideration the lifetime expected loss provision for both trade<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables and contract assets. T<span class="_ _37"/>o measure the expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, the trade receivables and contract assets have been grouped </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the days past due.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Interest rate risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Interest rate risk arises from fluctuations in the market inter<span class="_ _0"/>est rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and can impact the fair value or future cash flows o<span class="_ _0"/>f a financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instrument. The company’<span class="_ _75"/>s bond debt is exposed to such risk, where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a 1% increase in variable interest rates would r<span class="_ _0"/>esult in a EUR 9m rise </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in annual interest expense. However<span class="_ _4"/>, af<span class="_ _2"/>ter combining the company’<span class="_ _75"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">net cash position with its interest rate- and cross-curr<span class="_ _0"/>ency swaps, the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exposure is mitigated to a decrease o<span class="_ _0"/>f EUR (3)m annually<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign curr<span class="_ _0"/>ency risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign currency risk is the risk that the fair value or futur<span class="_ _0"/>e cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows of an exposur<span class="_ _0"/>e will fluctuate because of changes in foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange rates, primarily from USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD<span class="_ _75"/>.<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s exposure to the risk of changes in foreign exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates relates primarily to SGL Group<span class="_ _4"/>’<span class="_ _0"/>s operating activities (when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue or expense is denominated in a foreign curr<span class="_ _0"/>ency) and SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s net investments in foreign subsidiaries. The main currencies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for revenue and costs are USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD<span class="_ _75"/>. SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group manages its foreign curr<span class="_ _0"/>ency risk on an ongoing basis.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The sensitivity analysis shows the impact on net pro<span class="_ _0"/>fit and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income on the assumption o<span class="_ _0"/>f changes to SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s most significant currencies towards EUR with all other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">variables remaining constant.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">CURRENCY RISK - SENSITIVITY ANAL<span class="_ _0"/>YSIS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:192.177734375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 585.896px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 302.683px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 180.346px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 424.297px; top: 22.5449px; width: 35.7422px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 636.047px; top: 22.5449px; width: 35.7422px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 293.875px; top: 27.7949px; width: 59.7305px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NET PROFIT </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 33.0449px; width: 208.846px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CURRENCY</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CHANGE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 373.234px; top: 33.0449px; width: 87.8438px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMPREHENSIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.734px; top: 33.0449px; width: 57.4688px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NET PROFIT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 584.422px; top: 33.0449px; width: 87.8438px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMPREHENSIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 282.531px; top: 38.2949px; width: 69.5625px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FOR THE YEAR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 411.25px; top: 43.5449px; width: 46.6641px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOMES</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 629.375px; top: 43.5449px; width: 41.1445px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOME</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 64.5293px; width: 665.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">USD</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.631px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 87.4355px; width: 665.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SEK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.299px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.5116px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 110.342px; width: 666.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">HKD</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.756px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.3886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 133.248px; width: 665.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GBP</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.316px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 156.154px; width: 665.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RMB</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 179.061px; width: 180.68px; white-space: pre; word-spacing: 0.1755px; letter-spacing: -0.1755px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AUD</span><span style="word-spacing: 0.1755px; letter-spacing: -0.1755px; display: inline-block; margin-left: 0px; width: 153.756px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.14648px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 184.32px; top: 179.061px; width: 23.5898px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 207.91px; top: 179.061px; width: 137.238px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 345.148px; top: 179.061px; width: 5.26758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 350.416px; top: 179.061px; width: 100.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 451.262px; top: 179.061px; width: 5.40234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 456.664px; top: 179.061px; width: 101.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 558.184px; top: 179.061px; width: 5.26758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 563.451px; top: 179.061px; width: 100.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 664.297px; top: 179.061px; width: 5.40234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign curr<span class="_ _0"/>ency risk </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foreign currency risk is the risk that the fair value or futur<span class="_ _0"/>e cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows of an exposur<span class="_ _0"/>e will fluctuate because of changes in foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange rates, primarily from USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD<span class="_ _75"/>.<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s exposure to the risk of changes in foreign exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates relates primarily to SGL Group<span class="_ _4"/>’<span class="_ _0"/>s operating activities (when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">revenue or expense is denominated in a foreign curr<span class="_ _0"/>ency) and SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s net investments in foreign subsidiaries. The main currencies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for revenue and costs are USD<span class="_ _4"/>, SEK<span class="_ _2"/>, HKD<span class="_ _75"/>, RMB, GBP and AUD<span class="_ _75"/>. SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group manages its foreign curr<span class="_ _0"/>ency risk on an ongoing basis.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The sensitivity analysis shows the impact on net pro<span class="_ _0"/>fit and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income on the assumption o<span class="_ _0"/>f changes to SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s most significant currencies towards EUR with all other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">variables remaining constant.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">CURRENCY RISK - SENSITIVITY ANAL<span class="_ _0"/>YSIS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:192.177734375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 585.896px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 302.683px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 180.346px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 424.297px; top: 22.5449px; width: 35.7422px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 636.047px; top: 22.5449px; width: 35.7422px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 293.875px; top: 27.7949px; width: 59.7305px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NET PROFIT </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 33.0449px; width: 208.846px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CURRENCY</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">CHANGE</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 373.234px; top: 33.0449px; width: 87.8438px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMPREHENSIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 505.734px; top: 33.0449px; width: 57.4688px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">NET PROFIT</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 584.422px; top: 33.0449px; width: 87.8438px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMPREHENSIVE </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 282.531px; top: 38.2949px; width: 69.5625px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FOR THE YEAR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 411.25px; top: 43.5449px; width: 46.6641px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOMES</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 629.375px; top: 43.5449px; width: 41.1445px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">INCOME</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 64.5293px; width: 665.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">USD</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.631px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.703px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 87.4355px; width: 665.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SEK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.299px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.5116px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> -</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 110.342px; width: 666.047px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">HKD</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.756px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.3886px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 133.248px; width: 665.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">GBP</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.316px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 156.154px; width: 665.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RMB</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.8301px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 179.061px; width: 180.68px; white-space: pre; word-spacing: 0.1755px; letter-spacing: -0.1755px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AUD</span><span style="word-spacing: 0.1755px; letter-spacing: -0.1755px; display: inline-block; margin-left: 0px; width: 153.756px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.14648px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 184.32px; top: 179.061px; width: 23.5898px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 207.91px; top: 179.061px; width: 137.238px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 345.148px; top: 179.061px; width: 5.26758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 350.416px; top: 179.061px; width: 100.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 451.262px; top: 179.061px; width: 5.40234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 456.664px; top: 179.061px; width: 101.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 558.184px; top: 179.061px; width: 5.26758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 563.451px; top: 179.061px; width: 100.846px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 664.297px; top: 179.061px; width: 5.40234px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ax for the year<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ax for the year consists of curr<span class="_ _0"/>ent tax and changes in deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for the year<span class="_ _4"/>, including adjustments to previous years. The tax for the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">year is recognised in the income statement unless the tax relates </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly to items included in other comprehensive income or equity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Current income tax receivable and payable is measur<span class="_ _0"/>ed at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount expected to be recovered fr<span class="_ _0"/>om or paid to the taxation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">authorities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Income taxes payable</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Current tax payable and receivable is r<span class="_ _0"/>ecognised in the balance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sheet at the estimated tax charge regar<span class="_ _0"/>ding the taxable income for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the year<span class="_ _4"/>, adjusted for tax on prior year<span class="_ _2"/>s’ taxable income and tax paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on account.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>AX FOR THE YEAR</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:104.765625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 373.793px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 370.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current tax</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.047px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 369.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in deferred tax</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.7012px; width: 369.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Adjustments to tax, prior years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.6484px; width: 370.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ax for the year<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ax for the year consists of curr<span class="_ _0"/>ent tax and changes in deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for the year<span class="_ _4"/>, including adjustments to previous years. The tax for the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">year is recognised in the income statement unless the tax relates </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly to items included in other comprehensive income or equity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Current income tax receivable and payable is measur<span class="_ _0"/>ed at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount expected to be recovered fr<span class="_ _0"/>om or paid to the taxation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">authorities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Income taxes payable</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Current tax payable and receivable is r<span class="_ _0"/>ecognised in the balance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sheet at the estimated tax charge regar<span class="_ _0"/>ding the taxable income for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the year<span class="_ _4"/>, adjusted for tax on prior year<span class="_ _2"/>s’ taxable income and tax paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on account.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ax for the year<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ax for the year consists of curr<span class="_ _0"/>ent tax and changes in deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for the year<span class="_ _4"/>, including adjustments to previous years. The tax for the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">year is recognised in the income statement unless the tax relates </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">directly to items included in other comprehensive income or equity<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Current income tax receivable and payable is measur<span class="_ _0"/>ed at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount expected to be recovered fr<span class="_ _0"/>om or paid to the taxation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">authorities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Income taxes payable</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Current tax payable and receivable is r<span class="_ _0"/>ecognised in the balance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sheet at the estimated tax charge regar<span class="_ _0"/>ding the taxable income for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the year<span class="_ _4"/>, adjusted for tax on prior year<span class="_ _2"/>s’ taxable income and tax paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on account.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>AX FOR THE YEAR</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:104.765625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 373.793px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 218.25px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 52.6759px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 370.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current tax</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.047px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 369.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in deferred tax</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(12)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.7012px; width: 369.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Adjustments to tax, prior years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.9335px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.6484px; width: 370.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.164px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">CALCULA<span class="_ _75"/>TION OF EFFECTIVE T<span class="_ _0"/>AX RA<span class="_ _0"/>TE</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:196.40625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 812.361px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 553.864px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 155.631px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 807.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit before tax</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 504.51px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 164.695px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 811.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax applying the statutor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Danish corporate income tax rate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 152.672px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">22%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.7012px; width: 807.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Effect of tax rates in other jurisdictions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 278.367px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(8)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(5)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0096px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2 </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.6074px; width: 807.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Unrecognised tax assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 355.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(14)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.3358px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.514px; width: 807.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-deductible interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 353.643px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(37)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(26)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.42px; width: 807.516px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other tax-exempt income, less non-deductible expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(14)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7752px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(20)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.326px; width: 807.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Adjustment to tax, prior years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.685px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(6)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.3438px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.289px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 458.711px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(46)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1154px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(38)%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is measured using the balance sheet liability method </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on temporar<span class="_ _2"/>y differences between the carr<span class="_ _2"/>ying amount and the tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">base of assets and liabilities at the r<span class="_ _0"/>epor<span class="_ _2"/>ting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _4"/>, deferred tax is not recognised on temporar<span class="_ _2"/>y differences </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relating to goodwill, which is not deductible for tax purposes and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on other items where temporary differences, apar<span class="_ _2"/>t from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations, arise at the date of acquisition without affecting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">either pro<span class="_ _0"/>fit/loss for the year or taxable income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is measured accor<span class="_ _0"/>ding to the taxation rules and rates </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the respective countries applicable at the balance sheet date when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the deferred tax is expected to crystallise as the current tax. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets are r<span class="_ _0"/>ecognised at the value at which they are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be utilised, either through elimination against tax on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future earnings or set<span class="_ _75"/>-off against deferred tax liabilities within the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">same jurisdiction.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets and deferred tax liabilities ar<span class="_ _0"/>e offset if a legally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enforceable right exists to set o<span class="_ _0"/>ff current tax assets against current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax liabilities. The deferred taxes relate to the same taxable entity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and taxation authority<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is adjusted for the elimination o<span class="_ _0"/>f unrealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">intercompany gains and losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">OECD Pillar T<span class="_ _0"/>wo model rules</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is within the scope o<span class="_ _0"/>f the OECD Pillar T<span class="_ _0"/>wo model rules </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">also known as the Global Anti-Base Erosion (GloBE) Rules.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pillar T<span class="_ _75"/>wo legislation has been enacted in Denmark, the jurisdiction<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in which SGL Group is incorporated and came into effect on 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">January 2024. SGL Group applies the exception to recognising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and disclosing information about deferred tax assets and liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to Pillar T<span class="_ _75"/>wo income taxes, as provided in the amendments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to IAS 12 issued by IASB in May 2023.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Under the legislation, SGL Group is liable to pay a top-up tax for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the GloBE effective tax rate per jurisdiction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the 15% minimum rate. All SGL Group entities, besides our </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating companies in the UAE, which will be 9%, have an effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax rate that exceeds 15% in a normalised commercial cycle. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _4"/>, based on historical data analysis shows that individual<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entities can drop below the threshold in individual years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The calculated theoretical historic top-up tax, adjusted for one-o<span class="_ _0"/>ff </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">events, impact on the SGL Group effective tax rate is immaterial. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group management has assessed SGL<span class="_ _4"/>’<span class="_ _0"/>s exposure to the Pillar </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>wo legislation when it comes into effect. Combined with the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">complexities of applying the legislation and calculation o<span class="_ _0"/>f GloBE </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income, the quantitative impact of the enacted or substantively </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enacted legislation is not reasonably estimable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Therefore, even for those entities with an accounting effective tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate above 15%, there may still be Pillar T<span class="_ _75"/>wo tax implications. SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s tax specialists are working with colleagues across the value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">chain to define with application of the legislation.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5<span class="_ _4"/>.<span class="_ _2"/>2 D<span class="_ _75"/>EFER<span class="_ _75"/>RED<span class="_ _0"/> T<span class="_ _2d"/>AX</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">DEFERRED T<span class="_ _75"/>AX</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:356.859375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 810.035px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 617.648px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 89.5196px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 22.873px; width: 805.57px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net deferred tax 1 January</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 509.554px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(38)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 45.7793px; width: 805.945px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions from acquisitions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 509.156px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3) </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 95.6719px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(47)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 68.6855px; width: 805.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax for the year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 528.769px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.806px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 3.36328px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6 </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 91.5918px; width: 806.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Adjustments deferred tax previous years</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 445.2px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 114.498px; width: 805.412px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Exchange rate adjustments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 514.406px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 137.445px; width: 808.734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net deferred tax 31 December</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 470.636px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(29) </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.3438px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(38) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 160.311px; width: 802.6px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax, by gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oss temporar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y differ</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ences:</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 543.81px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 183.232px; width: 805.477px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangibles</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 598.781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(41)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(45)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 206.139px; width: 805.465px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax losses carried for</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ward</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 530.509px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 229.045px; width: 806.01px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 639.997px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 251.992px; width: 805.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 627.949px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(29)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 95.6719px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(38)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 274.898px; width: 201.018px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Recognised in the balance sheet as:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 297.889px; width: 805.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 562.166px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 320.795px; width: 805.5px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 536.768px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(41)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.8983px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(45)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 343.742px; width: 805.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 627.949px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(29)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 95.6719px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(38)</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:67.083984375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 378.182px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 230.713px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 44.6018px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 35.9668px; width: 202.312px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax assets not recognised </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 53.9668px; width: 378.264px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at 31 December</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 205.893px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets are r<span class="_ _0"/>ecognised for unused tax losses to the extent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that it is probable that taxable pro<span class="_ _0"/>fit will be available against which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the losses can be utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Significant Management judgement is required to deter<span class="_ _0"/>mine the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of deferr<span class="_ _0"/>ed tax assets that can be recognised, based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the likely timing and level of futur<span class="_ _0"/>e taxable profits and futur<span class="_ _0"/>e tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">planning strategies.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carr<span class="_ _2"/>ying amount of deferred tax assets is r<span class="_ _0"/>eviewed at each </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date. Subsequently<span class="_ _0"/>, it is reduced to the extent that it is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no longer probable that sufficient taxable pro<span class="_ _0"/>fit will be available to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allow all or par<span class="_ _2"/>t of the deferr<span class="_ _0"/>ed tax asset to be utilised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Unrecognised deferred tax assets ar<span class="_ _0"/>e reassessed at each reporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date and recognised to the extent that it has become probable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that future taxable pro<span class="_ _0"/>fits will allow the deferred tax assets to be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recovered.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets, recognition and measurement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">uncer<span class="_ _2"/>tainties<span class="ff4 fc2d ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Recognition of deferr<span class="_ _0"/>ed tax assets is dependent on whether such </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets can be utilised against future earnings within a period o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3-5 years. Therefore, the uncertainty about the recognition and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measurement o<span class="_ _0"/>f the deferred tax asset depends on whether the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future earnings can be r<span class="_ _0"/>ealised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets have been recognised to the extent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management expects to utilise these within a period of 5 years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The majority of deferr<span class="_ _0"/>ed tax assets related to tax losses for foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entities have not been recognised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is measured using the balance sheet liability method </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on temporar<span class="_ _2"/>y differences between the carr<span class="_ _2"/>ying amount and the tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">base of assets and liabilities at the r<span class="_ _0"/>epor<span class="_ _2"/>ting date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _4"/>, deferred tax is not recognised on temporar<span class="_ _2"/>y differences </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relating to goodwill, which is not deductible for tax purposes and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on other items where temporary differences, apar<span class="_ _2"/>t from business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">combinations, arise at the date of acquisition without affecting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">either pro<span class="_ _0"/>fit/loss for the year or taxable income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is measured accor<span class="_ _0"/>ding to the taxation rules and rates </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the respective countries applicable at the balance sheet date when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the deferred tax is expected to crystallise as the current tax. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets are r<span class="_ _0"/>ecognised at the value at which they are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be utilised, either through elimination against tax on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future earnings or set<span class="_ _75"/>-off against deferred tax liabilities within the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">same jurisdiction.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets and deferred tax liabilities ar<span class="_ _0"/>e offset if a legally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enforceable right exists to set o<span class="_ _0"/>ff current tax assets against current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax liabilities. The deferred taxes relate to the same taxable entity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and taxation authority<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is adjusted for the elimination o<span class="_ _0"/>f unrealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">intercompany gains and losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">OECD Pillar T<span class="_ _0"/>wo model rules</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group is within the scope o<span class="_ _0"/>f the OECD Pillar T<span class="_ _0"/>wo model rules </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">also known as the Global Anti-Base Erosion (GloBE) Rules.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pillar T<span class="_ _75"/>wo legislation has been enacted in Denmark, the jurisdiction<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in which SGL Group is incorporated and came into effect on 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">January 2024. SGL Group applies the exception to recognising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and disclosing information about deferred tax assets and liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to Pillar T<span class="_ _75"/>wo income taxes, as provided in the amendments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to IAS 12 issued by IASB in May 2023.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Under the legislation, SGL Group is liable to pay a top-up tax for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the difference between the GloBE effective tax rate per jurisdiction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the 15% minimum rate. All SGL Group entities, besides our </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating companies in the UAE, which will be 9%, have an effective </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax rate that exceeds 15% in a normalised commercial cycle. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _4"/>, based on historical data analysis shows that individual<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entities can drop below the threshold in individual years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The calculated theoretical historic top-up tax, adjusted for one-o<span class="_ _0"/>ff </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">events, impact on the SGL Group effective tax rate is immaterial. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group management has assessed SGL<span class="_ _4"/>’<span class="_ _0"/>s exposure to the Pillar </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>wo legislation when it comes into effect. Combined with the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">complexities of applying the legislation and calculation o<span class="_ _0"/>f GloBE </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income, the quantitative impact of the enacted or substantively </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enacted legislation is not reasonably estimable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Therefore, even for those entities with an accounting effective tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate above 15%, there may still be Pillar T<span class="_ _75"/>wo tax implications. SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group<span class="_ _75"/>’<span class="_ _75"/>s tax specialists are working with colleagues across the value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">chain to define with application of the legislation.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.<span class="_ _182"/>1 BUS<span class="_ _2"/>INE<span class="_ _2"/>S<span class="_ _2"/>S COMBINA<span class="_ _2d"/>T<span class="_ _0"/>IONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _75"/>AIR VALUE A<span class="_ _4"/>T DA<span class="_ _0"/>TE OF ACQUISITION</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:535.125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 812.051px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 655.909px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 22.5449px; width: 811.301px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ASSETS</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 388.519px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">FOPPIANI</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">BLU</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 52.2832px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">O</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">THER</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 53.8241px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">O</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.46094px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OTA</span><span style="word-spacing: 0.84px; letter-spacing: -0.84px; display: inline-block; margin-left: 0px; width: 1.04883px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 43.5293px; width: 811.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other intangible assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 326.754px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 66.4355px; width: 807.533px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Property</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, plant and equipment</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.016px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4002px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">92 </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 89.3418px; width: 807.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 350.232px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 112.248px; width: 807.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables and contract assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.623px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">35</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">35</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">278</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 135.17px; width: 807.621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Corporate tax receivables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 312.264px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 158.076px; width: 807.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Loans to previous group entities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 275.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">28</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 180.982px; width: 807.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables and prepayments</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 255px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">40</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 203.889px; width: 807.844px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash and cash equivalents</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 300.346px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">316</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 226.836px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 380.524px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">75 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7929px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6466px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">116</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 785</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 271.889px; width: 54.3809px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff6; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LIABILITIES</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 292.873px; width: 810.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Provisions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 401.062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10 </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 315.779px; width: 807.826px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.502px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">- </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 338.686px; width: 807.697px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Credit facilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 376.665px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 361.607px; width: 807.586px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 401.062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1971px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">193</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 384.514px; width: 807.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lease liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.318px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">74</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 407.42px; width: 807.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Loans from previous gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oup entities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 259.359px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 430.326px; width: 808.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade payables and accrued trade expenses</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.584px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">24</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">179</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 453.248px; width: 808.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current tax liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 342.955px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.6386px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">19</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 476.154px; width: 807.791px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred income</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 362.25px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.7188px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> 5</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 499.061px; width: 807.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 371.555px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">55</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 522.008px; width: 807.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal liabilities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 360.568px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">52</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.2832px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">86</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">578</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:512.390625px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 811.751px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 634.864px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.29797px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 46.8221px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.29797px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 444.703px; top: 19.8887px; width: 367.899px; white-space: pre; word-spacing: 0.108641px; letter-spacing: -0.108641px; margin-left: 0px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FOPPIANI</span><span style="word-spacing: 0.108641px; letter-spacing: -0.108641px; display: inline-block; margin-left: 0px; width: 59.0613px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.325922px; letter-spacing: -0.325922px; display: inline-block; margin-left: 0px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;">B</span><span style="word-spacing: 0.325922px; letter-spacing: -0.325922px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LU</span><span style="word-spacing: 0.325922px; letter-spacing: -0.325922px; display: inline-block; margin-left: 0px; width: 44.7719px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">OTHER</span><span style="word-spacing: 0.108641px; letter-spacing: -0.108641px; display: inline-block; margin-left: 0px; width: 46.554px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">O</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 1.08519px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 46.554px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.54626px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">O</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 0.442563px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TA</span><span style="word-spacing: 0.869124px; letter-spacing: -0.869124px; display: inline-block; margin-left: 0px; width: 1.08519px; font-size: 10.8641px; font-family: ff6; -webkit-text-stroke: 0.162961px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 40.873px; width: 810.445px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquired net assets</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 362.683px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">41 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.633px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(11) </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">30 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">207 </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 63.7793px; width: 807.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-controlling interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 341.238px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">- </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: -3.1455px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.92969px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3) </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 86.6855px; width: 807.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 423.772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,229</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 109.607px; width: 807.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer relations</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 371.074px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">198</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 132.514px; width: 807.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rademarks</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 416.137px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 155.42px; width: 808.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 401.062px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(2)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(51)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 178.367px; width: 807.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">air value of total net assets acquired</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.627px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">99</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">86</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0373px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">187</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,598</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 201.248px; width: 810.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contingent consideration assumed</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 279.381px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1154px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1154px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(64)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(3) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 224.154px; width: 807.322px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price assumed</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 271.183px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(23)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(23)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7929px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(1)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 247.061px; width: 807.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contingent consideration paid * </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 293.057px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.9767px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 270.045px; width: 807.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred purchase price paid *</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 305.315px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.125px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 293.045px; width: 807.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash and bank balances assumed</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 271.183px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(34)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.7267px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(4)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(38)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(316)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 315.951px; width: 807.633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Extinguish of a pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e-existing relationship</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 253.195px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.5977px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(359)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 338.857px; width: 807.527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contribution from parent</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.502px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.6366px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(854)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 361.805px; width: 807.504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash flow utilised for acquisition of subsidiaries and activities</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.5392px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">18</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">71</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.9471px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">70</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 407.633px; width: 229.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquired goodwill allocated to C</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">GUs</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 430.498px; width: 807.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Air &amp; Ocean</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 405.892px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.9102px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,156</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 453.404px; width: 807.545px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Road</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 453.019px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9491px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">59</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.65625px; top: 476.311px; width: 807.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Solutions</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 429.54px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9043px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6483px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">14</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 499.273px; width: 809.777px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal goodwill</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 387.982px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">51</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.2167px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">94</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3185px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.633px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">145</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.6386px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1,229</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">*<span class="_"> </span>Relates to previous years’ acquisitions.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _75"/>TES AND JUDGEMENTS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When applying the acquisition method of accounting, management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">judgements and estimates are an integral part of assessing fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">values of several assets and liabilities, as observable market prices<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are typically unavailable. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">It typically relates to determining the pr<span class="_ _0"/>esent value of future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">uncer<span class="_ _2"/>tain cash flows or assessing other events in which the outcome </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is uncer<span class="_ _2"/>tain at the date of acquisition. Management judgements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and estimates are typically applied in the valuation techniques </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for customer relationships and trademarks in determining the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">present value o<span class="_ _0"/>f future uncer<span class="_ _2"/>tain cash flows as well as the applied </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">discounting rate.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In accordance with IFRS 3, the acquisition method is applied when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accounting for business combinations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Acquirees are r<span class="_ _0"/>ecognised in the consolidated financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from the date o<span class="_ _0"/>f acquisition. The date of acquisition is the date when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL obtains control o<span class="_ _0"/>f the acquired activity<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assets, liabilities and contingent liabilities of the acquir<span class="_ _0"/>ee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measured at fair value at the acquisition date by applying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">appropriate valuation methods. Identifiable intangibles are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised if they are separable or arise fr<span class="_ _0"/>om a contractual right. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is recognised for identifiable tax benefits existing at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent considerations dep <span class="_ _2d"/>end <span class="_ _2d"/>ent on future events or the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of contractual obligations (earn-outs) are r<span class="_ _0"/>ecognised at<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value based on expected total future payments and form part of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the total consideration transferred. F<span class="_ _75"/>air value changes in contingent<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">considerations are recognised in the income statement until final </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">settlement. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The excess of the total consideration transferr<span class="_ _0"/>ed, the value of non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling interests and the fair value o<span class="_ _0"/>f any equity investments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">previously held in the acquiree over the total identifiable net assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at fair value are r<span class="_ _0"/>ecognised as goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ransaction costs inherent from the acquisition are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">the income statement when incurred.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITION OF ENK LOGISTICS CO<span class="_ _75"/>., LTD</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 19 October 2023, SGL Group signed the acquisition o<span class="_ _0"/>f 100% of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the shares in the South Kor<span class="_ _0"/>ea-based freight for<span class="_ _2"/>warding company </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ENK Logistics Co., Ltd. through the wholly owned subsidiary Scan </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Global Logistics Korea Co., L<span class="_ _0"/>td. With the acquisition, SGL Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strengthens its position within the Asian region. Closing o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transaction was on 12 January 2024. The acquisition price for the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities was EUR 2m, financed through the cash position.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITION OF FOPPIANI SHIPPING &amp; LOGISTICS GROUP</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 24 April 2024, SGL Group ApS through its wholly-owned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiar<span class="_ _2"/>y Scan Global Logistics A/S, signed an agreement to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquire 100% o<span class="_ _0"/>f the shares in Foppiani Shipping &amp; Logistics. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Foppiani Shipping &amp; Logistics is a leading Italian freight forwarder </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">headquar<span class="_ _2"/>tered in Prato, specialising in air and ocean fr<span class="_ _0"/>eight ser<span class="_ _2"/>vices<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for fashion, furniture, high-end Italian pr<span class="_ _0"/>oducts and automotive<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sectors. Foppiani Shipping &amp; Logistics generates a yearly revenue of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR 115m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquisition of Foppiani Shipping &amp; Logistics pr<span class="_ _0"/>ovides SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group with an operational platform in Italy<span class="_ _75"/>, enabling SGL Group to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">establish a strategic presence in Italy and giving a strategic platform </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to scale the business and expand its global presence to the benefit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of customers. Most importantly<span class="_ _0"/>, Foppiani Shipping &amp; Logistics </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">will bring additional human capital with comprehensive industry<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">knowledge and niche experience; people with a perfect match to<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group<span class="_ _75"/>’<span class="_ _75"/>s DNA and culture.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Closing of the transaction was on 3 June 2024. The acquisition </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">price for the activities was EUR 99m, financed through the issue </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of new senior secur<span class="_ _0"/>ed bonds. Fees and expenses linked to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition were EUR 1m and recognised as special items in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income statement.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of acquired net assets and recognised goodwill<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of acquired net assets has been identified, and goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised. Net assets and contingent liabilities recognised at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date are, to some extent, still provisional. Adjustments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">may be applied to these amounts for a period of up to twelve </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">months from the acquisition date in accordance with IFRS 3. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill primarily relates to synergy effects fr<span class="_ _0"/>om integration with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group and, over time, from leveraging the business model’<span class="_ _4"/>s<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strength and utilising the network effect, including synergies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">through the scale o<span class="_ _0"/>f operations and M&amp;A. Goodwill is non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">deductible for tax purposes. Goodwill amounts to EUR 51m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earnings impact</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During the seven months after the acquisition date, Foppiani Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contributed with EUR 103m to the Group<span class="_ _75"/>’<span class="_ _75"/>s revenue and EUR 6m </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the Group<span class="_ _75"/>’<span class="_ _75"/>s result after tax. If the acquisition had occurred on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1 January 2024, the Group<span class="_ _0"/>’<span class="_ _75"/>s consolidated pro forma revenue and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pro<span class="_ _0"/>fit af<span class="_ _2"/>ter tax would have amounted to approx. EUR 2,435m and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR (49)m, respectively<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value measurement</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Material net assets acquired for which significant estimates have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been applied in the fair value assessment have been recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">using the following valuation techniques:<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships have been measured using a multi-period </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">excess earnings model (MEEM), by which the present value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future cash flows from r<span class="_ _0"/>ecurring contract customers expected to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be retained after the date of acquisition has been valuated using a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">W<span class="_ _0"/>AC<span class="_ _0"/>C of 14.71% as discount rate. In total, customer relationships </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounting to EUR 9m have been included in the opening balance. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The main input value drivers in the MEEM model used are the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimated future retention rate and net cash flow o<span class="_ _0"/>f the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contract customer base. These inputs have been estimated based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on Management’<span class="_ _75"/>s professional judgement from analysis o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquired customer base, historical data, and general business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insight.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>rade receivables and payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of trade receivables and trade payables has been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at the contractual amount expected to be received or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">paid. In addition, collectability has been taken into consideration </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on trade receivables. The amounts have not been discounted, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maturity on trade receivables- and payables are generally very shor<span class="_ _2"/>t </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the discounted effect therefore immaterial.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities have been measured at the present value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the repayable amounts discounted using a repr<span class="_ _0"/>esentative SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate unless the discount effect is insignificant. An SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate has been applied as SGL vouches for the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt, hence the credit enhancement o<span class="_ _0"/>f the Group has been applied </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the valuation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITION OF BLU LOGISTICS BRASIL TRANSPORTES </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">INTERNACIONAIS L<span class="_ _75"/>TDA.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 11 July 2024, SGL Group ApS through its wholly-owned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiar<span class="_ _2"/>y Scan Global Logistics A/S, signed an agreement to acquire </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">100% of the shar<span class="_ _0"/>es in Blu Logistics Brasil T<span class="_ _75"/>ranspor<span class="_ _2"/>tes Internacionais </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">L<span class="_ _75"/>TDA.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Blu Logistics is a leading Brazilian freight forwarder headquar<span class="_ _2"/>tered </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Sao P<span class="_ _0"/>aulo, specialising in air and ocean freight ser<span class="_ _2"/>vices with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjacent offerings including custom clearance, truckload and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cabotage. In 2023, Blu Logistics generated yearly revenue o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">approximately BRL 570m, equivalent to EUR 106m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquisition provides SGL Group with a significant operational </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">platform in Brazil, enabling the establishment of a strategic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presence and scalability<span class="_ _75"/>. This platform supports global expansion<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and enhances customer ser<span class="_ _2"/>vice capabilities. Most impor<span class="_ _2"/>tantly<span class="_ _0"/>, Blu </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Logistics will bring additional human capital with comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">industr<span class="_ _2"/>y knowledge and niche experience; people who are a perfect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">match to SGL Group<span class="_ _75"/>’<span class="_ _75"/>s DNA and culture.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Closing of the transaction was on 2 September 2024. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition price for the activities was EUR 86m, including the fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value of contingent consideration o<span class="_ _0"/>f EUR 64m (discounted using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the DCF method), contingent upon Blu Logistics’ future financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance and other uncer<span class="_ _2"/>tain positions. The contingent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration has a maximum payment value of EUR 94m. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition was financed through the cash position.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Fees and expenses linked to the acquisition were EUR 1m and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as special items in the income statement. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of acquired net assets and recognised goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of acquired net assets has been identified and goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised. Net assets and contingent liabilities recognised at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date are to some extent still provisional. Adjustments may </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be applied to these amounts for a period of up to twelve months </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from the acquisition date in accordance with IFRS 3.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill primarily relates to synergy effects fr<span class="_ _0"/>om integration with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Group and, over time, from leveraging the business model’<span class="_ _4"/>s<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strength and utilising the network effect including synergies thr<span class="_ _0"/>ough </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the scale of operations and M&amp;A. Goodwill is non-deductible for tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purposes. Goodwill amounts to EUR 94m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earnings impact </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During the four months after the acquisition date, Blu Logistics<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contributed with EUR 73m to the Group<span class="_ _75"/>’<span class="_ _75"/>s revenue and EUR 4m </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the Group<span class="_ _75"/>’<span class="_ _75"/>s result after tax. If the acquisition had occurred on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1 January 2024, the Group<span class="_ _0"/>’<span class="_ _75"/>s consolidated pro forma revenue and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pro<span class="_ _0"/>fit af<span class="_ _2"/>ter tax would have amounted to approx. EUR 2,502m and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR (49)m, respectively<span class="_ _75"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value measurement</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Material net assets acquired for which significant estimates have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been applied in the fair value assessment have been recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">using the following valuation techniques: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships<span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships have been measured using a multi-period </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">excess earnings model (MEEM), by which the present value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future cash flows from r<span class="_ _0"/>ecurring contract customers expected to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be retained after the date of acquisition has been valuated using a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">W<span class="_ _0"/>AC<span class="_ _0"/>C of 17.20% as discount rate. In total, customer relationships </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounting to EUR 5m have been included in the opening balance.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The main input value drivers in the MEEM model used are the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimated future retention rate and net cash flow o<span class="_ _0"/>f the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contract customer base. These inputs have been estimated based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management’<span class="_ _75"/>s professional judgement from analysis o<span class="_ _0"/>f the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">customer base, historical data, and general business insight.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _75"/>rade receivables and payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _0"/>air value of trade receivables and trade payables has been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at the contractual amount expected to be received or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">paid. In addition, collectability has been taken into consideration </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on trade receivables. The amounts have not been discounted, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maturity on trade receivables- and payables are generally very shor<span class="_ _2"/>t </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the discounted effect therefore immaterial.<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities<span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial liabilities have been measured at the present value o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the repayable amounts discounted using a repr<span class="_ _0"/>esentative SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate unless the discount effect is insignificant. An SGL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">borrowing rate has been applied as SGL vouches for the acquired </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt, hence the credit enhancement o<span class="_ _0"/>f the Group has been applied </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the valuation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITIONS IN 2023<span class="_ _2"/><span class="ff5 ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 23 May 2023, SGL Group ApS acquired 100% o<span class="_ _0"/>f the shares in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Scan Global Logistics Group. SGL Group ApS was established by Skill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Luxembourg Holding S.á.r<span class="_ _4"/>.l., and for the sole purpose of acquiring </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the shares in the group. The acquisition price for the gr<span class="_ _0"/>oup was EUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1,548m, of which EUR 359m was r<span class="_ _0"/>elated to a pre-existing relationship </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to bonds issued by the acquired gr<span class="_ _0"/>oup. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financing of the activities was partly provided by the issue of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">senior secured bonds o<span class="_ _0"/>f EUR 750m and through capital injection </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from its parent company<span class="_ _4"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The goodwill arising from the acquisition amounted to EUR 1,205m </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and customer relations o<span class="_ _0"/>f EUR 182m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 4 July 2023, we acquired 100% o<span class="_ _0"/>f the shares in the Germany-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based freight forwarding company ETS Group for the purchase price </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of EUR 28m, r<span class="_ _0"/>esulting in fair value of acquired net assets o<span class="_ _0"/>f EUR 6m, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill of EUR 16m and customer r<span class="_ _0"/>elations net of deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of EUR 6m. The acquisition o<span class="_ _0"/>f ETS Group has strengthened SGL<span class="_ _4"/>’<span class="_ _0"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position within the EMEA region. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The purchase price allocation was finalised during 2024 and did not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lead to any adjustments to the provisional purchase price.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During 2023 we acquired Sand Road Freight A/S, Beglobe Sàrl, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">FLS - Freight &amp; Logistics Solutions, Lda., 3PL, Global Cargo, Inc., IP<span class="_ _4"/>AC </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">International P<span class="_ _0"/>acking &amp; Crate LLC and Gar<span class="_ _0"/>dermoen Par<span class="_ _0"/>cel Xpress </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">DA. All these acquisitions str<span class="_ _0"/>engthened our global presence in both </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">new- and existing markets.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These acquisitions resulted in fair value o<span class="_ _0"/>f acquired net assets of EUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">8m, goodwill of EUR 8m and customer r<span class="_ _0"/>elations net of deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of EUR 6m.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The purchase price allocations were finalised during 2024 and did </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not lead to any significant adjustments to the provisional purchase </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">price.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Please refer to the Annual Report for 2023 for fur<span class="_ _2"/>ther details of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In accordance with IFRS 3, the acquisition method is applied when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accounting for business combinations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Acquirees are r<span class="_ _0"/>ecognised in the consolidated financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from the date o<span class="_ _0"/>f acquisition. The date of acquisition is the date when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL obtains control o<span class="_ _0"/>f the acquired activity<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assets, liabilities and contingent liabilities of the acquir<span class="_ _0"/>ee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measured at fair value at the acquisition date by applying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">appropriate valuation methods. Identifiable intangibles are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised if they are separable or arise fr<span class="_ _0"/>om a contractual right. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is recognised for identifiable tax benefits existing at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent considerations dep <span class="_ _2d"/>end <span class="_ _2d"/>ent on future events or the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of contractual obligations (earn-outs) are r<span class="_ _0"/>ecognised at<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value based on expected total future payments and form part of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the total consideration transferred. F<span class="_ _75"/>air value changes in contingent<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">considerations are recognised in the income statement until final </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">settlement. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The excess of the total consideration transferr<span class="_ _0"/>ed, the value of non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling interests and the fair value o<span class="_ _0"/>f any equity investments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">previously held in the acquiree over the total identifiable net assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at fair value are r<span class="_ _0"/>ecognised as goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ransaction costs inherent from the acquisition are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement when incurred.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING POLICIES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In accordance with IFRS 3, the acquisition method is applied when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accounting for business combinations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Acquirees are r<span class="_ _0"/>ecognised in the consolidated financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from the date o<span class="_ _0"/>f acquisition. The date of acquisition is the date when </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL obtains control o<span class="_ _0"/>f the acquired activity<span class="_ _75"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assets, liabilities and contingent liabilities of the acquir<span class="_ _0"/>ee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measured at fair value at the acquisition date by applying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">appropriate valuation methods. Identifiable intangibles are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised if they are separable or arise fr<span class="_ _0"/>om a contractual right. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is recognised for identifiable tax benefits existing at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition date.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent considerations dep <span class="_ _2d"/>end <span class="_ _2d"/>ent on future events or the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance of contractual obligations (earn-outs) are r<span class="_ _0"/>ecognised at<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value based on expected total future payments and form part of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the total consideration transferred. F<span class="_ _75"/>air value changes in contingent<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">considerations are recognised in the income statement until final </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">settlement. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The excess of the total consideration transferr<span class="_ _0"/>ed, the value of non-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">controlling interests and the fair value o<span class="_ _0"/>f any equity investments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">previously held in the acquiree over the total identifiable net assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured at fair value are r<span class="_ _0"/>ecognised as goodwill.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _4"/>ransaction costs inherent from the acquisition are r<span class="_ _0"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the income statement when incurred.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.<span class="_ _2"/>2 A<span class="_ _4"/>UDIT FEE<span class="_ _2"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:182.75px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 365.924px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 198.779px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 22.9141px; width: 170.906px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fee to the auditors appointed </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 39.4141px; width: 130.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at the general meeting</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 77.9668px; width: 361.799px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Statutor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y audit</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.838px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.8</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 100.873px; width: 362.215px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other assurance ser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.162px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.1</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 123.779px; width: 361.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax and V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T ser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.117px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 146.686px; width: 362.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other ser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1.4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5.2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.25px; top: 169.633px; width: 361.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.525px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.873px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">6.1</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EY Godkendt Revisionspar<span class="_ _2"/>tnerselskab was appointed as group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">auditor in 2023 for SGL Group. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, EY Godkendt Revisionspar<span class="_ _2"/>tnerselskab provided non-audit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ser<span class="_ _2"/>vices amounting to EUR 1.5m, mainly comprising work related to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisitions, such as financial and tax due diligence.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The 70% cap rule on non-audit ser<span class="_ _2"/>vices from EY Godkendt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revisionspar<span class="_ _2"/>tnerselskab, as per Ar<span class="_ _2"/>ticle 4 of Regulation (EU) No </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">537/2014, will apply from the financial year o<span class="_ _0"/>f 2026 as this rule </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comes into force after three consecutive years of a new auditor<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6<span class="_ _2"/>.<span class="_ _2"/>3<span class="_ _1"/> CO<span class="_ _2"/>NTI<span class="_ _1"/>NG<span class="_ _1"/>E<span class="_ _1"/>NT<span class="_ _2"/> LIAB<span class="_ _1"/>I<span class="_ _2"/>LITIE<span class="_ _1"/>S<span class="_ _1"/> AN<span class="_ _2"/>D<span class="_ _1"/> <span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER<span class="_ _2"/> FINA<span class="_ _75"/>NC<span class="_ _2"/>IA<span class="_ _0"/>L OB<span class="_ _2"/>L<span class="_ _0"/>IGA<span class="_ _2d"/>TIONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SECURITY FOR LOANS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:270.03125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 667.441px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 511.301px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 406.535px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for debt to credit institutions, for undrawn cr</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">edit facilities, </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 54.0078px; width: 248.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Group has pledged assets as collateral</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 94.873px; width: 663.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chattel mor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tgages</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 461.689px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 117.779px; width: 663.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Floating charge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 472.519px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 140.727px; width: 663.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal security</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 480.517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 179.967px; width: 543.041px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">The above-mentioned securities relate to total assets in the company Scan Global Logistics A/S. </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 234.008px; width: 483.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for the bond debt, the P</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">arent Company has pledged assets as collateral.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 256.914px; width: 665.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt at par</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 451.642px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">879</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond debt is secured by collateral in the shareholdings in the major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">group companies. The companies secured as collateral ar<span class="_ _0"/>e jointly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and several liable for the bond debt amounting to EUR 879m. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There have only been a few claims against the company due </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to various transpor<span class="_ _2"/>ts worldwide. These claims are consider<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant and are expected to be covered economically by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company’<span class="_ _75"/>s global liability insurance programme. The company has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a few cases, which are not covered by the company’<span class="_ _4"/>s global liability<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insurance programmes. Based on the precautionary principle, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management has made a provision to cover these risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent liabilities comprise a possible obligation arising from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">past events. The obligation will be confirmed only by the occurrence </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or non-occurrence o<span class="_ _0"/>f one or more uncer<span class="_ _2"/>tain future events not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wholly within the entity’<span class="_ _75"/>s control. Or by a present obligation that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">arises from past events but is not recognised because it is not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable that an outflow o<span class="_ _0"/>f resources embodying economic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits will be required to settle the obligation or the amount o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation cannot be measured with sufficient reliability<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6<span class="_ _2"/>.<span class="_ _2"/>3<span class="_ _1"/> CO<span class="_ _2"/>NTI<span class="_ _1"/>NG<span class="_ _1"/>E<span class="_ _1"/>NT<span class="_ _2"/> LIAB<span class="_ _1"/>I<span class="_ _2"/>LITIE<span class="_ _1"/>S<span class="_ _1"/> AN<span class="_ _2"/>D<span class="_ _1"/> <span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER<span class="_ _2"/> FINA<span class="_ _75"/>NC<span class="_ _2"/>IA<span class="_ _0"/>L OB<span class="_ _2"/>L<span class="_ _0"/>IGA<span class="_ _2d"/>TIONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SECURITY FOR LOANS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:270.03125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 667.441px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 511.301px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 406.535px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for debt to credit institutions, for undrawn cr</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">edit facilities, </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 54.0078px; width: 248.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Group has pledged assets as collateral</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 94.873px; width: 663.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chattel mor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tgages</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 461.689px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 117.779px; width: 663.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Floating charge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 472.519px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 140.727px; width: 663.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal security</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 480.517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 179.967px; width: 543.041px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">The above-mentioned securities relate to total assets in the company Scan Global Logistics A/S. </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 234.008px; width: 483.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for the bond debt, the P</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">arent Company has pledged assets as collateral.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 256.914px; width: 665.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt at par</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 451.642px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">879</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond debt is secured by collateral in the shareholdings in the major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">group companies. The companies secured as collateral ar<span class="_ _0"/>e jointly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and several liable for the bond debt amounting to EUR 879m. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There have only been a few claims against the company due </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to various transpor<span class="_ _2"/>ts worldwide. These claims are consider<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant and are expected to be covered economically by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company’<span class="_ _75"/>s global liability insurance programme. The company has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a few cases, which are not covered by the company’<span class="_ _4"/>s global liability<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insurance programmes. Based on the precautionary principle, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management has made a provision to cover these risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent liabilities comprise a possible obligation arising from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">past events. The obligation will be confirmed only by the occurrence </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or non-occurrence o<span class="_ _0"/>f one or more uncer<span class="_ _2"/>tain future events not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wholly within the entity’<span class="_ _75"/>s control. Or by a present obligation that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">arises from past events but is not recognised because it is not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable that an outflow o<span class="_ _0"/>f resources embodying economic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits will be required to settle the obligation or the amount o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation cannot be measured with sufficient reliability<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6<span class="_ _2"/>.<span class="_ _2"/>3<span class="_ _1"/> CO<span class="_ _2"/>NTI<span class="_ _1"/>NG<span class="_ _1"/>E<span class="_ _1"/>NT<span class="_ _2"/> LIAB<span class="_ _1"/>I<span class="_ _2"/>LITIE<span class="_ _1"/>S<span class="_ _1"/> AN<span class="_ _2"/>D<span class="_ _1"/> <span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER<span class="_ _2"/> FINA<span class="_ _75"/>NC<span class="_ _2"/>IA<span class="_ _0"/>L OB<span class="_ _2"/>L<span class="_ _0"/>IGA<span class="_ _2d"/>TIONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SECURITY FOR LOANS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:270.03125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 667.441px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 511.301px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 406.535px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for debt to credit institutions, for undrawn cr</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">edit facilities, </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 54.0078px; width: 248.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Group has pledged assets as collateral</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 94.873px; width: 663.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chattel mor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tgages</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 461.689px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 117.779px; width: 663.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Floating charge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 472.519px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 140.727px; width: 663.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal security</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 480.517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 179.967px; width: 543.041px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">The above-mentioned securities relate to total assets in the company Scan Global Logistics A/S. </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 234.008px; width: 483.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for the bond debt, the P</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">arent Company has pledged assets as collateral.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 256.914px; width: 665.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt at par</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 451.642px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">879</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond debt is secured by collateral in the shareholdings in the major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">group companies. The companies secured as collateral ar<span class="_ _0"/>e jointly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and several liable for the bond debt amounting to EUR 879m. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There have only been a few claims against the company due </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to various transpor<span class="_ _2"/>ts worldwide. These claims are consider<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant and are expected to be covered economically by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company’<span class="_ _75"/>s global liability insurance programme. The company has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a few cases, which are not covered by the company’<span class="_ _4"/>s global liability<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insurance programmes. Based on the precautionary principle, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management has made a provision to cover these risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent liabilities comprise a possible obligation arising from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">past events. The obligation will be confirmed only by the occurrence </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or non-occurrence o<span class="_ _0"/>f one or more uncer<span class="_ _2"/>tain future events not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wholly within the entity’<span class="_ _75"/>s control. Or by a present obligation that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">arises from past events but is not recognised because it is not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable that an outflow o<span class="_ _0"/>f resources embodying economic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits will be required to settle the obligation or the amount o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation cannot be measured with sufficient reliability<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6<span class="_ _2"/>.<span class="_ _2"/>3<span class="_ _1"/> CO<span class="_ _2"/>NTI<span class="_ _1"/>NG<span class="_ _1"/>E<span class="_ _1"/>NT<span class="_ _2"/> LIAB<span class="_ _1"/>I<span class="_ _2"/>LITIE<span class="_ _1"/>S<span class="_ _1"/> AN<span class="_ _2"/>D<span class="_ _1"/> <span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER<span class="_ _2"/> FINA<span class="_ _75"/>NC<span class="_ _2"/>IA<span class="_ _0"/>L OB<span class="_ _2"/>L<span class="_ _0"/>IGA<span class="_ _2d"/>TIONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SECURITY FOR LOANS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:270.03125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 667.441px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 511.301px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 406.535px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for debt to credit institutions, for undrawn cr</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">edit facilities, </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 54.0078px; width: 248.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Group has pledged assets as collateral</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 94.873px; width: 663.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chattel mor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tgages</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 461.689px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 117.779px; width: 663.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Floating charge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 472.519px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 140.727px; width: 663.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal security</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 480.517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 179.967px; width: 543.041px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">The above-mentioned securities relate to total assets in the company Scan Global Logistics A/S. </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 234.008px; width: 483.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for the bond debt, the P</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">arent Company has pledged assets as collateral.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 256.914px; width: 665.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt at par</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 451.642px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">879</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond debt is secured by collateral in the shareholdings in the major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">group companies. The companies secured as collateral ar<span class="_ _0"/>e jointly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and several liable for the bond debt amounting to EUR 879m. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There have only been a few claims against the company due </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to various transpor<span class="_ _2"/>ts worldwide. These claims are consider<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant and are expected to be covered economically by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company’<span class="_ _75"/>s global liability insurance programme. The company has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a few cases, which are not covered by the company’<span class="_ _4"/>s global liability<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insurance programmes. Based on the precautionary principle, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management has made a provision to cover these risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent liabilities comprise a possible obligation arising from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">past events. The obligation will be confirmed only by the occurrence </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or non-occurrence o<span class="_ _0"/>f one or more uncer<span class="_ _2"/>tain future events not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wholly within the entity’<span class="_ _75"/>s control. Or by a present obligation that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">arises from past events but is not recognised because it is not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable that an outflow o<span class="_ _0"/>f resources embodying economic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits will be required to settle the obligation or the amount o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation cannot be measured with sufficient reliability<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6<span class="_ _2"/>.<span class="_ _2"/>3<span class="_ _1"/> CO<span class="_ _2"/>NTI<span class="_ _1"/>NG<span class="_ _1"/>E<span class="_ _1"/>NT<span class="_ _2"/> LIAB<span class="_ _1"/>I<span class="_ _2"/>LITIE<span class="_ _1"/>S<span class="_ _1"/> AN<span class="_ _2"/>D<span class="_ _1"/> <span class="ls5 ws1"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _0"/>THER<span class="_ _2"/> FINA<span class="_ _75"/>NC<span class="_ _2"/>IA<span class="_ _0"/>L OB<span class="_ _2"/>L<span class="_ _0"/>IGA<span class="_ _2d"/>TIONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SECURITY FOR LOANS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:270.03125px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 667.441px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 511.301px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 53.2732px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 406.535px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for debt to credit institutions, for undrawn cr</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">edit facilities, </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 54.0078px; width: 248.947px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Group has pledged assets as collateral</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 94.873px; width: 663.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chattel mor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tgages</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 461.689px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.4904px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 117.779px; width: 663.182px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Floating charge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 472.519px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.3594px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">29</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.875px; top: 140.727px; width: 663.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal security</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 480.517px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.5781px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">31</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 179.967px; width: 543.041px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">The above-mentioned securities relate to total assets in the company Scan Global Logistics A/S. </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 234.008px; width: 483.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0.135px; margin-left: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As security for the bond debt, the P</span><span style="word-spacing: 0px; letter-spacing: 0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ffa; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">arent Company has pledged assets as collateral.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.5px; top: 256.914px; width: 665.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bond debt at par</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 451.642px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">879</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7344px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">750</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bond debt is secured by collateral in the shareholdings in the major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">group companies. The companies secured as collateral ar<span class="_ _0"/>e jointly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and several liable for the bond debt amounting to EUR 879m. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There have only been a few claims against the company due </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to various transpor<span class="_ _2"/>ts worldwide. These claims are consider<span class="_ _0"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insignificant and are expected to be covered economically by the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company’<span class="_ _75"/>s global liability insurance programme. The company has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a few cases, which are not covered by the company’<span class="_ _4"/>s global liability<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insurance programmes. Based on the precautionary principle, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management has made a provision to cover these risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> <span><span style="display:inherit;clear:left;">AC<span class="_ _0"/>COUNTING ESTIMA<span class="_ _0"/>TES AND JUDGEMENTS</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contingent liabilities comprise a possible obligation arising from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">past events. The obligation will be confirmed only by the occurrence </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or non-occurrence o<span class="_ _0"/>f one or more uncer<span class="_ _2"/>tain future events not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wholly within the entity’<span class="_ _75"/>s control. Or by a present obligation that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">arises from past events but is not recognised because it is not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable that an outflow o<span class="_ _0"/>f resources embodying economic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits will be required to settle the obligation or the amount o<span class="_ _0"/>f the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation cannot be measured with sufficient reliability<span class="_ _4"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6<span class="_ _0"/>.4 R<span class="_ _0"/>ELA<span class="_ _2d"/>T<span class="_ _4"/>ED P<span class="_ _182"/>A<span class="_ _75"/>R<span class="_ _0"/>T<span class="_ _75"/>IES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RELA<span class="_ _0"/>TED P<span class="_ _0"/>ARTY CONTROLLING INTEREST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Information about related parties with a controlling interest and significant influence:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Related par<span class="_ _2"/>ty <span class="_ _27b"> </span>Domicile</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Owners of SGL Group ApS:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Holding II ApS (controlling interest) <span class="_ _2a0"> </span>Denmark</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ultimate owner with controlling interest:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Holding I ApS (Controlling interest o<span class="_ _0"/>f 100% of the financial rights) <span class="_ _15e"> </span>Denmark</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Owners of SGL Holding I ApS:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Skill Luxembourg Holdings S.á r<span class="_ _4"/>.l. (controlling interest on voting rights) <span class="_ _217"> </span>Luxembourg</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RELA<span class="_ _0"/>TED P<span class="_ _0"/>ARTY TRANSACTIONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:140.708984375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 631.096px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 453.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 108.867px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Group companies</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 58.873px; width: 627.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Remuneration to Management</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 332.496px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 81.7793px; width: 627.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Loan to SGL Holding II ApS </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 355.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 104.686px; width: 626.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capital contribution from parent</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 325.143px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.125px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(933)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 127.592px; width: 627.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Purchase o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices from Joint V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">entures</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.016px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Related par<span class="_ _2"/>ties are consider<span class="_ _0"/>ed to be the Board of Directors and Executive Management o<span class="_ _0"/>f SGL Group ApS and their </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">immediate family members. Related par<span class="_ _2"/>ties fur<span class="_ _2"/>ther include entities which are controlled or jointly contr<span class="_ _0"/>olled. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:691.32421875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 531.105px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Skill Luxembourg Holdings S.á r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.l. (Lux)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 159.697px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Luxembourg</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 88.7404px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Majority</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 8.84766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 10.6133px; top: 55.9004px; width: 514.928px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Holding I Aps</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 18.7754px; top: 83.9629px; width: 506.584px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Holding II Aps</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 236.391px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 25.5176px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5176px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 27.2832px; top: 112.025px; width: 498.422px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Group ApS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 242.83px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 34.0195px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 34.0195px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 35.7852px; top: 140.088px; width: 489.914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics A/S</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 168.15px; width: 481.066px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Road ApS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 231.832px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 523.975px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Fulfillment </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">&amp; </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Distribution </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A/S</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 522.076px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Anpartsselskabet </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">af </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">4.1.2024</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 164.695px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 521.49px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>K/S </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">af </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">4.1.2024 </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">II </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 280.4px; width: 481.061px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 308.463px; width: 481.207px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rust For</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding Sweden AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.105px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 336.525px; width: 523.74px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Express </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Holding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AB</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 185.619px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.588px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 364.588px; width: 475.254px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Express AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 220.852px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.65px; width: 523.564px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Road </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AB</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 420.713px; width: 481.266px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics AS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">way</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.775px; width: 523.717px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rust </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">For</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Norway </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.838px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">way</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 476.838px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 476.838px; width: 481.025px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Finland) Oy</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 504.9px; width: 523.717px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Greenland </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ApS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 125.221px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Greenland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 532.963px; width: 523.623px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sp/f Scan Global Logistics F</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aroe I.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Faroe Islands</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 95.6719px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 561.025px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 561.025px; width: 481.436px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Iceland ehf</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 143.42px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Iceland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 589.088px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 589.088px; width: 481.16px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.58px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 613.729px; width: 210.527px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ETS &amp; Scan Global Logistics GmbH </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.859px; top: 620.557px; width: 182.391px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.1875px; top: 627.385px; width: 158.367px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(ETS T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransport &amp; Logistics GmbH)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 652.025px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 652.025px; width: 481.658px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Commercial GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 680.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 680.088px; width: 475.043px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Automotive Special Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:826.44921875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 24.416px; width: 212.443px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Automotive</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 31.2441px; width: 182.391px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.875px; top: 38.0566px; width: 108.199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">esting Ser</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices GmbH</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 62.6973px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 62.6973px; width: 475.629px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Consulting GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 90.7598px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 90.7598px; width: 481.037px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Sp. z o.o</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 123.779px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 118.822px; width: 524.191px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N.V</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 178.225px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Belgium</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 146.885px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 146.885px; width: 481.26px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 180.346px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 174.947px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 174.947px; width: 483.82px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gelders For</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 185.619px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100% </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 203.01px; width: 523.67px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Horizon International Holdings Limited </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 110.145px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 231.072px; width: 523.693px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (UK) Ltd. </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 147.645px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 259.135px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 259.135px; width: 475.184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (IR) Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ireland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 124.207px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 287.213px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 287.213px; width: 475.248px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Horizon International Cargo B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 315.275px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 315.275px; width: 481.184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.58px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Austria</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 123.779px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 343.338px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 343.338px; width: 481.166px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Sárl (Belglobe Sárl)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 371.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 371.4px; width: 481.26px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SAS </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">France</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 125.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 399.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 399.463px; width: 481.365px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Spain S.L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 155.156px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.016px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 427.525px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 427.525px; width: 481.137px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contenosa, S.A.U</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.016px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 455.588px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 455.588px; width: 481.014px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Neypemar Barcelona, S.L.U</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 170.889px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 483.65px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 483.65px; width: 481.447px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLS - Freight &amp; Logistics Solutions, Unipessoal, Lda</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tugal</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 511.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 511.713px; width: 481.225px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping &amp; Logistics S.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.l.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Italy</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 536.354px; width: 194.285px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping &amp; Logistics</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 543.166px; width: 182.578px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.875px; top: 549.994px; width: 142.301px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hong Kong Company Limited</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 574.635px; width: 55.9746px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 58.5215px; top: 574.635px; width: 467.754px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani China Co. Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 602.697px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 602.697px; width: 481.477px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Hungar</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Kft.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hungar</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 630.76px; width: 523.611px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics s.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.o.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Czech Republic</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 658.822px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 658.822px; width: 481.201px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics S.R.L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 175.348px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Romania</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 686.885px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 686.885px; width: 481.207px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics s.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.o.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Slovakia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 714.947px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 714.947px; width: 481.482px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ukraine</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 120.808px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 743.01px; width: 523.963px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Arab Emirates</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 771.072px; width: 524.027px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AD </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.105px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Arab Emirates</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 795.713px; width: 207.375px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Ser</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 805.463px; width: 182.314px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Saudi Arabia</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.996px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.6562px; top: 815.213px; width: 128.109px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(Kingdom of Saudi Arabia) </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:712.58984375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 27.8379px; width: 481.107px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Kenya Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 210.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Kenya</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 127.887px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 55.9004px; width: 479.127px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics S.A.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mali</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">55%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 83.9629px; width: 475.219px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Senegal</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 523.863px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Ivor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Coast</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 140.088px; width: 475.096px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Benin</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 168.15px; width: 475.277px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ogo SARLU</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 132.434px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ogo</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 133.553px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 521.314px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Scan Global Logistics SA (PT</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y) Ltd. </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">South Africa</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">75%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 521.912px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Colombo (PVT) L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Sri Lanka</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 252.338px; width: 481.008px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Co. Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Myanmar</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 110.806px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 280.4px; width: 481.166px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SDN. BHD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Malaysia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 308.463px; width: 481.178px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Singapore) Pte Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Singapore</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 336.525px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 336.525px; width: 478.77px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PT SCAN GL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OBAL INDONESIA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 155.156px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Indonesia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">67%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.588px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 364.588px; width: 481.729px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Company Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Thailand</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.65px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 392.65px; width: 481.412px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Lao Sole Company Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Laos</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.148px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 420.713px; width: 481.219px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SCAN GL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OBAL INTERNA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONAL (CAMBODIA) CO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">., L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 37.0723px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cambodia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.775px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 448.775px; width: 478.764px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Vietnam) Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Vietnam</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">75%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 476.838px; width: 521.859px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Holding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Bangladesh </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Limited</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 142.793px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bangladesh</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">40%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 504.9px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 504.9px; width: 481.354px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Shanghai) co. Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 532.963px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 532.963px; width: 475.236px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Wuxi) Co. Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 561.025px; width: 523.846px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Ltd. (Hong Kong)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.674px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 589.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 589.088px; width: 475.084px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Shanghai) Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 617.166px; width: 523.629px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sea-Air Logistics (HK) Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 645.229px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 645.229px; width: 481.107px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Philippines) Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 673.291px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 673.291px; width: 479.098px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Ecozone Solutions Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 167.871px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">99%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 701.354px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 701.354px; width: 479.168px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Manila (Shared Service Center) Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">99%</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:809.41796875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 27.8379px; width: 524.074px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Korea Co., L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.69px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">South Kor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ea</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 99.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 55.9004px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 55.9004px; width: 481.254px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics K.K.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Japan</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 83.9629px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 83.9629px; width: 481.125px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics PTY L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 158.32px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Australia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 112.025px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 112.025px; width: 475.406px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Australia PT</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Australia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 140.088px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics NZ Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">New Zealand</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 168.15px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 168.15px; width: 481.037px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Chile S.A.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chile</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 132.949px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 196.213px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 196.213px; width: 481.447px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics P</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eru S.A.C</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 149.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eru</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.148px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 224.275px; width: 524.098px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Colombia </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SAS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Colombia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 252.338px; width: 524.121px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Blu Logistics Brasil T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ranspor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tes Internacionais Ltda.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Brazil</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.69px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 280.4px; width: 521.461px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S.A</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 181.717px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Argentina</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">95%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 307.982px; width: 25.5117px; white-space: pre; word-spacing: 5.3595px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5117px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 28.0586px; top: 309.482px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 309.482px; width: 148.664px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Belglobe Adisa S. de R.L. de C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">,</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 308.463px; width: 182.918px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 336.045px; width: 25.5117px; white-space: pre; word-spacing: 5.3595px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5117px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 28.0586px; top: 337.545px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 337.545px; width: 125.051px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans Sea Land S.A. DE C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 336.525px; width: 182.918px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 364.588px; width: 523.91px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 34.0195px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Skill US BidCo Inc</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United States</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 392.65px; width: 524.021px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup US Corp.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 173.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 420.713px; width: 523.986px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 184.752px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 448.775px; width: 521.848px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC (LAX-I)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.2108px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 476.838px; width: 523.67px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMA</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 211.523px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nebraska, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 504.9px; width: 55.9746px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 58.5215px; top: 504.9px; width: 467.877px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup Canada Logistics, Inc</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Canada</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 532.963px; width: 521.883px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ICO SFO, LL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C (SFO-I)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.2108px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 561.025px; width: 523.887px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORD</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">(ORD-D) </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 171.516px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Illinois, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 585.666px; width: 315.258px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 3.7617px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 4.81642px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfair Nor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th America International Freight Services,</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 595.416px; width: 182.783px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 57.4062px; top: 605.166px; width: 16.1543px; white-space: pre; word-spacing: 0.4725px; letter-spacing: -0.4725px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 629.807px; width: 523.881px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Bos, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 210.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 657.869px; width: 523.541px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TGLPHL, LL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ennsylvania, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 685.932px; width: 521.49px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans ICO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 209.602px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">New Jersey</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 88.7404px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 713.994px; width: 523.875px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORD </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ICO, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 212.162px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Illinois, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 742.057px; width: 523.811px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Horizon </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">International </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Cargo </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc. </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 770.119px; width: 524.051px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping and Logistics USA Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 798.182px; width: 523.869px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup Express, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 170.25px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:459.46484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 523.969px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransdomestic </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 163.887px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLBLI LLC </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 221.338px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 524.045px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLSEA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">D&amp;W International, Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.135px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 524.021px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">New Bison, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 203.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 520.676px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans MCO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 202.67px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Florida, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">51%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 520.811px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans-MIA</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 204.522px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Florida, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">61%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 524.104px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans A</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TL, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 209.602px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Georgia, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 523.559px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MDX Global Logistics, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 523.682px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3PL, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc.</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 228.709px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.182px; width: 523.805px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGLEWR, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">New Jersey</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 335.979px; width: 523.564px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cargo Connection NC, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">North Carolina, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 68.2031px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.041px; width: 523.74px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRANS IAH, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 200.584px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">exas, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.104px; width: 523.564px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup DFW</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 173.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">exas, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.166px; width: 523.758px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 222.24px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Virgina, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.229px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 448.229px; width: 292.465px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLT T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup de Mexico S.A. DE C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 342.711px; top: 448.229px; width: 34.7695px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 377.48px; top: 448.229px; width: 122.877px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 500.357px; top: 448.229px; width: 25.2715px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6<span class="_ _0"/>.4 R<span class="_ _0"/>ELA<span class="_ _2d"/>T<span class="_ _4"/>ED P<span class="_ _182"/>A<span class="_ _75"/>R<span class="_ _0"/>T<span class="_ _75"/>IES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RELA<span class="_ _0"/>TED P<span class="_ _0"/>ARTY CONTROLLING INTEREST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Information about related parties with a controlling interest and significant influence:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Related par<span class="_ _2"/>ty <span class="_ _27b"> </span>Domicile</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Owners of SGL Group ApS:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Holding II ApS (controlling interest) <span class="_ _2a0"> </span>Denmark</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ultimate owner with controlling interest:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Holding I ApS (Controlling interest o<span class="_ _0"/>f 100% of the financial rights) <span class="_ _15e"> </span>Denmark</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Owners of SGL Holding I ApS:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Skill Luxembourg Holdings S.á r<span class="_ _4"/>.l. (controlling interest on voting rights) <span class="_ _217"> </span>Luxembourg</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RELA<span class="_ _0"/>TED P<span class="_ _0"/>ARTY TRANSACTIONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:140.708984375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 631.096px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 453.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 108.867px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Group companies</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 58.873px; width: 627.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Remuneration to Management</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 332.496px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 81.7793px; width: 627.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Loan to SGL Holding II ApS </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 355.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 104.686px; width: 626.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capital contribution from parent</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 325.143px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.125px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(933)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 127.592px; width: 627.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Purchase o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices from Joint V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">entures</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.016px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Related par<span class="_ _2"/>ties are consider<span class="_ _0"/>ed to be the Board of Directors and Executive Management o<span class="_ _0"/>f SGL Group ApS and their </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">immediate family members. Related par<span class="_ _2"/>ties fur<span class="_ _2"/>ther include entities which are controlled or jointly contr<span class="_ _0"/>olled. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:691.32421875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 531.105px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Skill Luxembourg Holdings S.á r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.l. (Lux)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 159.697px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Luxembourg</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 88.7404px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Majority</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 8.84766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 10.6133px; top: 55.9004px; width: 514.928px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Holding I Aps</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 18.7754px; top: 83.9629px; width: 506.584px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Holding II Aps</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 236.391px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 25.5176px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5176px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 27.2832px; top: 112.025px; width: 498.422px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Group ApS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 242.83px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 34.0195px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 34.0195px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 35.7852px; top: 140.088px; width: 489.914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics A/S</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 168.15px; width: 481.066px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Road ApS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 231.832px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 523.975px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Fulfillment </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">&amp; </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Distribution </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A/S</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 522.076px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Anpartsselskabet </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">af </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">4.1.2024</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 164.695px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 521.49px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>K/S </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">af </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">4.1.2024 </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">II </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 280.4px; width: 481.061px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 308.463px; width: 481.207px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rust For</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding Sweden AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.105px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 336.525px; width: 523.74px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Express </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Holding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AB</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 185.619px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.588px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 364.588px; width: 475.254px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Express AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 220.852px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.65px; width: 523.564px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Road </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AB</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 420.713px; width: 481.266px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics AS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">way</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.775px; width: 523.717px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rust </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">For</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Norway </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.838px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">way</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 476.838px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 476.838px; width: 481.025px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Finland) Oy</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 504.9px; width: 523.717px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Greenland </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ApS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 125.221px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Greenland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 532.963px; width: 523.623px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sp/f Scan Global Logistics F</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aroe I.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Faroe Islands</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 95.6719px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 561.025px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 561.025px; width: 481.436px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Iceland ehf</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 143.42px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Iceland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 589.088px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 589.088px; width: 481.16px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.58px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 613.729px; width: 210.527px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ETS &amp; Scan Global Logistics GmbH </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.859px; top: 620.557px; width: 182.391px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.1875px; top: 627.385px; width: 158.367px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(ETS T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransport &amp; Logistics GmbH)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 652.025px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 652.025px; width: 481.658px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Commercial GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 680.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 680.088px; width: 475.043px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Automotive Special Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:826.44921875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 24.416px; width: 212.443px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Automotive</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 31.2441px; width: 182.391px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.875px; top: 38.0566px; width: 108.199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">esting Ser</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices GmbH</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 62.6973px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 62.6973px; width: 475.629px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Consulting GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 90.7598px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 90.7598px; width: 481.037px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Sp. z o.o</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 123.779px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 118.822px; width: 524.191px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N.V</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 178.225px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Belgium</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 146.885px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 146.885px; width: 481.26px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 180.346px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 174.947px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 174.947px; width: 483.82px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gelders For</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 185.619px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100% </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 203.01px; width: 523.67px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Horizon International Holdings Limited </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 110.145px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 231.072px; width: 523.693px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (UK) Ltd. </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 147.645px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 259.135px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 259.135px; width: 475.184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (IR) Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ireland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 124.207px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 287.213px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 287.213px; width: 475.248px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Horizon International Cargo B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 315.275px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 315.275px; width: 481.184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.58px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Austria</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 123.779px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 343.338px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 343.338px; width: 481.166px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Sárl (Belglobe Sárl)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 371.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 371.4px; width: 481.26px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SAS </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">France</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 125.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 399.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 399.463px; width: 481.365px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Spain S.L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 155.156px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.016px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 427.525px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 427.525px; width: 481.137px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contenosa, S.A.U</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.016px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 455.588px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 455.588px; width: 481.014px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Neypemar Barcelona, S.L.U</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 170.889px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 483.65px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 483.65px; width: 481.447px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLS - Freight &amp; Logistics Solutions, Unipessoal, Lda</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tugal</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 511.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 511.713px; width: 481.225px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping &amp; Logistics S.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.l.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Italy</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 536.354px; width: 194.285px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping &amp; Logistics</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 543.166px; width: 182.578px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.875px; top: 549.994px; width: 142.301px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hong Kong Company Limited</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 574.635px; width: 55.9746px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 58.5215px; top: 574.635px; width: 467.754px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani China Co. Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 602.697px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 602.697px; width: 481.477px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Hungar</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Kft.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hungar</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 630.76px; width: 523.611px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics s.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.o.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Czech Republic</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 658.822px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 658.822px; width: 481.201px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics S.R.L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 175.348px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Romania</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 686.885px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 686.885px; width: 481.207px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics s.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.o.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Slovakia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 714.947px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 714.947px; width: 481.482px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ukraine</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 120.808px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 743.01px; width: 523.963px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Arab Emirates</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 771.072px; width: 524.027px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AD </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.105px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Arab Emirates</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 795.713px; width: 207.375px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Ser</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 805.463px; width: 182.314px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Saudi Arabia</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.996px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.6562px; top: 815.213px; width: 128.109px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(Kingdom of Saudi Arabia) </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:712.58984375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 27.8379px; width: 481.107px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Kenya Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 210.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Kenya</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 127.887px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 55.9004px; width: 479.127px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics S.A.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mali</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">55%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 83.9629px; width: 475.219px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Senegal</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 523.863px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Ivor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Coast</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 140.088px; width: 475.096px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Benin</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 168.15px; width: 475.277px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ogo SARLU</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 132.434px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ogo</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 133.553px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 521.314px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Scan Global Logistics SA (PT</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y) Ltd. </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">South Africa</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">75%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 521.912px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Colombo (PVT) L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Sri Lanka</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 252.338px; width: 481.008px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Co. Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Myanmar</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 110.806px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 280.4px; width: 481.166px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SDN. BHD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Malaysia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 308.463px; width: 481.178px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Singapore) Pte Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Singapore</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 336.525px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 336.525px; width: 478.77px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PT SCAN GL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OBAL INDONESIA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 155.156px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Indonesia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">67%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.588px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 364.588px; width: 481.729px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Company Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Thailand</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.65px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 392.65px; width: 481.412px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Lao Sole Company Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Laos</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.148px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 420.713px; width: 481.219px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SCAN GL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OBAL INTERNA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONAL (CAMBODIA) CO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">., L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 37.0723px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cambodia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.775px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 448.775px; width: 478.764px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Vietnam) Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Vietnam</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">75%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 476.838px; width: 521.859px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Holding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Bangladesh </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Limited</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 142.793px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bangladesh</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">40%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 504.9px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 504.9px; width: 481.354px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Shanghai) co. Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 532.963px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 532.963px; width: 475.236px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Wuxi) Co. Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 561.025px; width: 523.846px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Ltd. (Hong Kong)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.674px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 589.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 589.088px; width: 475.084px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Shanghai) Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 617.166px; width: 523.629px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sea-Air Logistics (HK) Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 645.229px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 645.229px; width: 481.107px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Philippines) Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 673.291px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 673.291px; width: 479.098px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Ecozone Solutions Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 167.871px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">99%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 701.354px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 701.354px; width: 479.168px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Manila (Shared Service Center) Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">99%</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:809.41796875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 27.8379px; width: 524.074px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Korea Co., L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.69px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">South Kor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ea</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 99.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 55.9004px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 55.9004px; width: 481.254px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics K.K.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Japan</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 83.9629px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 83.9629px; width: 481.125px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics PTY L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 158.32px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Australia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 112.025px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 112.025px; width: 475.406px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Australia PT</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Australia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 140.088px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics NZ Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">New Zealand</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 168.15px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 168.15px; width: 481.037px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Chile S.A.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chile</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 132.949px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 196.213px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 196.213px; width: 481.447px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics P</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eru S.A.C</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 149.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eru</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.148px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 224.275px; width: 524.098px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Colombia </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SAS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Colombia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 252.338px; width: 524.121px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Blu Logistics Brasil T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ranspor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tes Internacionais Ltda.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Brazil</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.69px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 280.4px; width: 521.461px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S.A</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 181.717px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Argentina</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">95%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 307.982px; width: 25.5117px; white-space: pre; word-spacing: 5.3595px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5117px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 28.0586px; top: 309.482px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 309.482px; width: 148.664px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Belglobe Adisa S. de R.L. de C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">,</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 308.463px; width: 182.918px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 336.045px; width: 25.5117px; white-space: pre; word-spacing: 5.3595px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5117px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 28.0586px; top: 337.545px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 337.545px; width: 125.051px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans Sea Land S.A. DE C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 336.525px; width: 182.918px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 364.588px; width: 523.91px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 34.0195px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Skill US BidCo Inc</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United States</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 392.65px; width: 524.021px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup US Corp.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 173.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 420.713px; width: 523.986px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 184.752px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 448.775px; width: 521.848px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC (LAX-I)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.2108px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 476.838px; width: 523.67px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMA</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 211.523px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nebraska, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 504.9px; width: 55.9746px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 58.5215px; top: 504.9px; width: 467.877px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup Canada Logistics, Inc</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Canada</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 532.963px; width: 521.883px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ICO SFO, LL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C (SFO-I)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.2108px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 561.025px; width: 523.887px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORD</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">(ORD-D) </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 171.516px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Illinois, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 585.666px; width: 315.258px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 3.7617px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 4.81642px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfair Nor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th America International Freight Services,</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 595.416px; width: 182.783px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 57.4062px; top: 605.166px; width: 16.1543px; white-space: pre; word-spacing: 0.4725px; letter-spacing: -0.4725px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 629.807px; width: 523.881px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Bos, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 210.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 657.869px; width: 523.541px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TGLPHL, LL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ennsylvania, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 685.932px; width: 521.49px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans ICO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 209.602px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">New Jersey</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 88.7404px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 713.994px; width: 523.875px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORD </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ICO, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 212.162px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Illinois, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 742.057px; width: 523.811px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Horizon </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">International </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Cargo </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc. </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 770.119px; width: 524.051px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping and Logistics USA Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 798.182px; width: 523.869px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup Express, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 170.25px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:459.46484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 523.969px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransdomestic </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 163.887px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLBLI LLC </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 221.338px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 524.045px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLSEA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">D&amp;W International, Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.135px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 524.021px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">New Bison, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 203.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 520.676px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans MCO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 202.67px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Florida, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">51%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 520.811px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans-MIA</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 204.522px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Florida, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">61%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 524.104px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans A</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TL, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 209.602px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Georgia, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 523.559px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MDX Global Logistics, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 523.682px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3PL, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc.</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 228.709px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.182px; width: 523.805px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGLEWR, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">New Jersey</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 335.979px; width: 523.564px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cargo Connection NC, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">North Carolina, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 68.2031px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.041px; width: 523.74px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRANS IAH, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 200.584px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">exas, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.104px; width: 523.564px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup DFW</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 173.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">exas, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.166px; width: 523.758px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 222.24px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Virgina, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.229px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 448.229px; width: 292.465px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLT T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup de Mexico S.A. DE C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 342.711px; top: 448.229px; width: 34.7695px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 377.48px; top: 448.229px; width: 122.877px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 500.357px; top: 448.229px; width: 25.2715px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6<span class="_ _0"/>.4 R<span class="_ _0"/>ELA<span class="_ _2d"/>T<span class="_ _4"/>ED P<span class="_ _182"/>A<span class="_ _75"/>R<span class="_ _0"/>T<span class="_ _75"/>IES</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RELA<span class="_ _0"/>TED P<span class="_ _0"/>ARTY CONTROLLING INTEREST</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Information about related parties with a controlling interest and significant influence:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Related par<span class="_ _2"/>ty <span class="_ _27b"> </span>Domicile</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Owners of SGL Group ApS:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Holding II ApS (controlling interest) <span class="_ _2a0"> </span>Denmark</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ultimate owner with controlling interest:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL Holding I ApS (Controlling interest o<span class="_ _0"/>f 100% of the financial rights) <span class="_ _15e"> </span>Denmark</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Owners of SGL Holding I ApS:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Skill Luxembourg Holdings S.á r<span class="_ _4"/>.l. (controlling interest on voting rights) <span class="_ _217"> </span>Luxembourg</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RELA<span class="_ _0"/>TED P<span class="_ _0"/>ARTY TRANSACTIONS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:140.708984375px;"><span class="pp-font-color-override-1" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 631.096px; white-space: pre; word-spacing: 0.135px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EURm</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 453.945px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.135px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 74.2852px; font-size: 13.5px; font-family: ff4; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.1875px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 36.0078px; width: 108.867px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Group companies</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 58.873px; width: 627.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Remuneration to Management</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 332.496px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 81.7793px; width: 627.076px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Loan to SGL Holding II ApS </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 355.605px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 104.686px; width: 626.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capital contribution from parent</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 325.143px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.125px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">(933)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 3.64062px; top: 127.592px; width: 627.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Purchase o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ser</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices from Joint V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">entures</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.016px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.846px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Related par<span class="_ _2"/>ties are consider<span class="_ _0"/>ed to be the Board of Directors and Executive Management o<span class="_ _0"/>f SGL Group ApS and their </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">immediate family members. Related par<span class="_ _2"/>ties fur<span class="_ _2"/>ther include entities which are controlled or jointly contr<span class="_ _0"/>olled. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:691.32421875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 531.105px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Skill Luxembourg Holdings S.á r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.l. (Lux)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 159.697px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Luxembourg</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 88.7404px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Majority</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 8.84766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 10.6133px; top: 55.9004px; width: 514.928px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Holding I Aps</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 18.7754px; top: 83.9629px; width: 506.584px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Holding II Aps</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 236.391px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 25.5176px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5176px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 27.2832px; top: 112.025px; width: 498.422px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Group ApS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 242.83px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 34.0195px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 34.0195px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 35.7852px; top: 140.088px; width: 489.914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics A/S</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 168.15px; width: 481.066px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Road ApS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 231.832px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.664px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 523.975px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Fulfillment </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">&amp; </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Distribution </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A/S</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.545px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 522.076px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Anpartsselskabet </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">af </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">4.1.2024</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 164.695px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 521.49px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>K/S </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">af </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">4.1.2024 </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">II </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 212.806px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 280.4px; width: 481.061px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 308.463px; width: 481.207px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rust For</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding Sweden AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.105px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 336.525px; width: 523.74px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Express </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Holding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AB</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 185.619px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.588px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 364.588px; width: 475.254px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Express AB</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 220.852px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.65px; width: 523.564px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Road </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AB</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 236.977px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 420.713px; width: 481.266px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics AS</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 184.195px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">way</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.775px; width: 523.717px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rust </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">For</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Norway </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.838px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">way</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 476.838px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 476.838px; width: 481.025px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Finland) Oy</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 504.9px; width: 523.717px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Greenland </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ApS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 125.221px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Greenland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 532.963px; width: 523.623px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sp/f Scan Global Logistics F</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aroe I.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Faroe Islands</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 95.6719px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 561.025px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 561.025px; width: 481.436px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Iceland ehf</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 143.42px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Iceland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 589.088px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 589.088px; width: 481.16px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.58px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 613.729px; width: 210.527px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ETS &amp; Scan Global Logistics GmbH </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.859px; top: 620.557px; width: 182.391px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.1875px; top: 627.385px; width: 158.367px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(ETS T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransport &amp; Logistics GmbH)</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 652.025px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 652.025px; width: 481.658px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Commercial GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 680.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 680.088px; width: 475.043px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Automotive Special Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 64.2772px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:826.44921875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 24.416px; width: 212.443px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Automotive</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 31.2441px; width: 182.391px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.875px; top: 38.0566px; width: 108.199px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">esting Ser</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices GmbH</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 62.6973px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 62.6973px; width: 475.629px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Consulting GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 90.7598px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 90.7598px; width: 481.037px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Sp. z o.o</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 157.459px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 123.779px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 118.822px; width: 524.191px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N.V</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 178.225px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Belgium</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 146.885px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 146.885px; width: 481.26px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 180.346px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 174.947px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 174.947px; width: 483.82px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gelders For</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">warding B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 185.619px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100% </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 203.01px; width: 523.67px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Horizon International Holdings Limited </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 110.145px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 231.072px; width: 523.693px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (UK) Ltd. </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 147.645px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 78.2989px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 259.135px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 259.135px; width: 475.184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (IR) Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ireland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 124.207px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 287.213px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 287.213px; width: 475.248px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Horizon International Cargo B.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 140.766px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Netherlands</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 98.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 315.275px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 315.275px; width: 481.184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics GmbH</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.58px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Austria</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 123.779px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 343.338px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 343.338px; width: 481.166px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Sárl (Belglobe Sárl)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 371.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 371.4px; width: 481.26px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SAS </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">France</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 125.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 399.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 399.463px; width: 481.365px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Spain S.L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 155.156px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.016px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 427.525px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 427.525px; width: 481.137px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contenosa, S.A.U</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.016px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 455.588px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 455.588px; width: 481.014px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Neypemar Barcelona, S.L.U</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 170.889px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 130.541px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 483.65px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 483.65px; width: 481.447px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FLS - Freight &amp; Logistics Solutions, Unipessoal, Lda</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 61.1017px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tugal</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 511.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 511.713px; width: 481.225px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping &amp; Logistics S.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.l.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.012px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Italy</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 137.238px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 536.354px; width: 194.285px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping &amp; Logistics</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 543.166px; width: 182.578px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.875px; top: 549.994px; width: 142.301px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hong Kong Company Limited</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 574.635px; width: 55.9746px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 58.5215px; top: 574.635px; width: 467.754px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani China Co. Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 602.697px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 602.697px; width: 481.477px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Hungar</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Kft.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hungar</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 630.76px; width: 523.611px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics s.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.o.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Czech Republic</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 84.5801px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 658.822px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 658.822px; width: 481.201px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics S.R.L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 175.348px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Romania</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 686.885px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 686.885px; width: 481.207px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics s.r</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.o.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 176.332px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Slovakia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 118.5px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 714.947px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 714.947px; width: 481.482px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ukraine</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 120.808px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 743.01px; width: 523.963px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Arab Emirates</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 771.072px; width: 524.027px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AD </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 162.105px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Arab Emirates</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 56.6659px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 795.713px; width: 207.375px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -8.5104px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Ser</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 805.463px; width: 182.314px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Saudi Arabia</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.996px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.6562px; top: 815.213px; width: 128.109px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(Kingdom of Saudi Arabia) </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:712.58984375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 27.8379px; width: 481.107px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Kenya Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 210.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Kenya</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 127.887px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 55.9004px; width: 479.127px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics S.A.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mali</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 138.92px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">55%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 83.9629px; width: 475.219px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 167.262px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Senegal</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 523.863px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Ivor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Coast</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 140.088px; width: 475.096px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SARL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Benin</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 168.15px; width: 475.277px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ogo SARLU</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 132.434px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ogo</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 133.553px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 521.314px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Scan Global Logistics SA (PT</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y) Ltd. </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 134.051px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">South Africa</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">75%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 521.912px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Colombo (PVT) L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Sri Lanka</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 252.338px; width: 481.008px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Co. Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 161.402px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Myanmar</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 110.806px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 280.4px; width: 481.166px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics SDN. BHD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 147.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Malaysia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.463px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 308.463px; width: 481.178px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Singapore) Pte Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 103.272px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Singapore</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 336.525px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 336.525px; width: 478.77px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PT SCAN GL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OBAL INDONESIA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 155.156px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Indonesia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">67%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.588px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 364.588px; width: 481.729px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Company Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Thailand</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 116.789px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.65px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 392.65px; width: 481.412px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Lao Sole Company Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 69.7909px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Laos</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.148px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.713px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 420.713px; width: 481.219px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SCAN GL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OBAL INTERNA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TIONAL (CAMBODIA) CO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">., L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 37.0723px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cambodia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 108.006px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.775px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 448.775px; width: 478.764px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Vietnam) Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Vietnam</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">75%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 476.838px; width: 521.859px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>SGL </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Holding </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Bangladesh </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Limited</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 142.793px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bangladesh</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">40%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 504.9px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 504.9px; width: 481.354px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Shanghai) co. Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 532.963px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 532.963px; width: 475.236px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Wuxi) Co. Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 121.605px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.99px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 561.025px; width: 523.846px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Ltd. (Hong Kong)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.674px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 589.088px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 589.088px; width: 475.084px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Shanghai) Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.098px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 617.166px; width: 523.629px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sea-Air Logistics (HK) Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 177.228px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 102.281px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 645.229px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 645.229px; width: 481.107px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics (Philippines) Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 119.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 673.291px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 673.291px; width: 479.098px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Ecozone Solutions Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 167.871px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">99%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 701.354px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 44.2871px; top: 701.354px; width: 479.168px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Manila (Shared Service Center) Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 113.297px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Philippines</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 107.56px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">99%</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:809.41796875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 27.8379px; width: 524.074px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Korea Co., L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.69px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">South Kor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ea</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 99.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 55.9004px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 55.9004px; width: 481.254px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics K.K.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 179.473px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Japan</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 83.9629px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 83.9629px; width: 481.125px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics PTY L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 158.32px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Australia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.6px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 112.025px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 51.0273px; top: 112.025px; width: 475.406px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL Australia PT</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Y L</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TD</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Australia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 115.986px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 140.088px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics NZ Limited</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 144.176px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">New Zealand</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 168.15px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 168.15px; width: 481.037px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics Chile S.A.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chile</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 132.949px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 196.213px; width: 42.5215px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 196.213px; width: 481.447px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Scan Global Logistics P</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eru S.A.C</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 149.086px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eru</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 136.148px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 224.275px; width: 524.098px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Colombia </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SAS</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.603px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Colombia</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 111.486px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 252.338px; width: 524.121px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Blu Logistics Brasil T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ranspor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tes Internacionais Ltda.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 59.9062px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Brazil</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 131.69px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 280.4px; width: 521.461px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span>Scan </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Logistics </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S.A</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 181.717px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Argentina</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 112.102px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">95%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 307.982px; width: 25.5117px; white-space: pre; word-spacing: 5.3595px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5117px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 28.0586px; top: 309.482px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 309.482px; width: 148.664px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Belglobe Adisa S. de R.L. de C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">,</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 308.463px; width: 182.918px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 336.045px; width: 25.5117px; white-space: pre; word-spacing: 5.3595px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 25.5117px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 28.0586px; top: 337.545px; width: 17.0098px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 17.0098px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 45.0684px; top: 337.545px; width: 125.051px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans Sea Land S.A. DE C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 336.525px; width: 182.918px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 364.588px; width: 523.91px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 34.0195px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Skill US BidCo Inc</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 225.129px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">United States</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 392.65px; width: 524.021px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 42.5215px; display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup US Corp.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 173.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 420.713px; width: 523.986px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Global, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 184.752px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 448.775px; width: 521.848px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC (LAX-I)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 183.398px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.2108px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 476.838px; width: 523.67px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OMA</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 211.523px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nebraska, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.9844px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 504.9px; width: 55.9746px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 58.5215px; top: 504.9px; width: 467.877px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup Canada Logistics, Inc</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 129.059px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Canada</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 121.213px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 532.963px; width: 521.883px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ICO SFO, LL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C (SFO-I)</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 188.631px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 96.2108px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 561.025px; width: 523.887px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORD</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">(ORD-D) </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 171.516px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Illinois, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 585.666px; width: 315.258px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 6.22267px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 5.75978px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 3.7617px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 4.81642px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.93455px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransfair Nor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th America International Freight Services,</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 343.344px; top: 595.416px; width: 182.783px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 57.4062px; top: 605.166px; width: 16.1543px; white-space: pre; word-spacing: 0.4725px; letter-spacing: -0.4725px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 629.807px; width: 523.881px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Bos, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 210.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 657.869px; width: 523.541px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TGLPHL, LL</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">P</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ennsylvania, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 77.9062px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 685.932px; width: 521.49px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans ICO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 209.602px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">New Jersey</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 88.7404px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 713.994px; width: 523.875px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ORD </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ICO, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 212.162px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Illinois, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 742.057px; width: 523.811px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Horizon </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">International </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Cargo </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc. </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.897px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 770.119px; width: 524.051px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foppiani Shipping and Logistics USA Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 83.8886px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Delaware, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 94.869px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 2.54688px; top: 798.182px; width: 523.869px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup Express, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 170.25px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:459.46484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 664.723px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COMP</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY NAME</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 246.978px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">COUNTRY/ST</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ATE</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 42.879px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span style="display: inline-block;">OWNERSHIP</span><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.6543px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff4; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MAIN ACTIVITY</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 27.8379px; width: 523.969px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransdomestic </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AX</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 163.887px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 55.9004px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLBLI LLC </span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 221.338px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 83.9629px; width: 524.045px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLSEA</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 217.377px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 112.025px; width: 523.547px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">D&amp;W International, Inc.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 165.135px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Washington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 80.994px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 140.088px; width: 524.021px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">New Bison, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 203.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 82.0196px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 168.15px; width: 520.676px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans MCO</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 202.67px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Florida, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.172px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">51%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 196.213px; width: 520.811px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans-MIA</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LLC</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 204.522px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Florida, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 109.717px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">61%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 224.275px; width: 524.104px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rans A</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TL, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 209.602px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Georgia, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 101.52px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 252.338px; width: 523.559px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MDX Global Logistics, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 153.322px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">W</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ashington, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 81.381px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 280.4px; width: 523.682px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3PL, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Inc.</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 228.709px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">California, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 93.5685px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 308.182px; width: 523.805px; white-space: pre; word-spacing: 5.99625px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">TGLEWR, </span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -5.99625px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">LL</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">C</span><span style="word-spacing: 5.99625px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 214.23px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">New Jersey</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 86.9123px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 335.979px; width: 523.564px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cargo Connection NC, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 149.871px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">North Carolina, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 68.2031px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 364.041px; width: 523.74px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">TRANS IAH, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 200.584px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">exas, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 392.104px; width: 523.564px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup DFW</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 173.637px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">exas, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 114.152px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 420.166px; width: 523.758px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 8.50781px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLor</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, LLC</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 222.24px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Virgina, US</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 105.457px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.76562px; top: 448.229px; width: 48.4805px; white-space: pre; word-spacing: 5.88375px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 51.0293px; display: inline-block;"> </span></span><span style="word-spacing: 5.88375px; letter-spacing: 0px; display: inline-block; margin-left: -2.55285px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 50.2461px; top: 448.229px; width: 292.465px; white-space: pre; word-spacing: 0px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SGLT T</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransGroup de Mexico S.A. DE C.V</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 104.004px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 342.711px; top: 448.229px; width: 34.7695px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 377.48px; top: 448.229px; width: 122.877px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.1125px; letter-spacing: -0.1125px; display: inline-block; margin-left: 0px; width: 122.877px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.625px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 500.357px; top: 448.229px; width: 25.2715px; white-space: pre; word-spacing: 0.1125px; letter-spacing: -0.1125px; margin-left: 0px; font-size: 11.25px; font-family: ff5; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span></span></span> SGL Group ApS SGL Holding II ApS Denmark SGL Holding I ApS <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.5<span class="_ _2"/> FINA<span class="_ _75"/>NC<span class="_ _2"/>IA<span class="_ _75"/>L<span class="_ _2"/> DEFINIT<span class="_ _75"/>ION<span class="_ _2"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:463.083984375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 94.9453px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial ratios</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 0.0078125px; width: 107.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Conversion ratio:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 17.9668px; width: 255.885px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial ratios are calculated in accordance </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 17.9668px; width: 161.438px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITDA befor</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e special items </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 565.5px; top: 26.9668px; width: 28.4883px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">x 100</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 35.9668px; width: 169.348px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">with the following definitions:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 35.9668px; width: 174px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross pro</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 90.0078px; width: 87.2754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross margin:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 107.967px; width: 68.8125px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross pro</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit</span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 108.008px; width: 76.8574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Equity ratio:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 74.4062px; top: 116.967px; width: 28.4883px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">x 100</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 125.967px; width: 73.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Revenue </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 125.967px; width: 107.021px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Equity at year</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-end</span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 507.453px; top: 134.967px; width: 28.4883px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">x 100</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 143.967px; width: 114.984px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal assets </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 198.008px; width: 228.621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITDA margin before special items:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 198.008px; width: 164.027px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net interest</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-bearing debt:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 215.967px; width: 158.432px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITDA befor</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e special items</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 215.967px; width: 296.309px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -1.01655px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-bearing debt less of interest</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -1.39185px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-bearing assets</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: 0px; width: 0.427732px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 178.828px; top: 224.967px; width: 28.4883px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">x 100</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 233.967px; width: 178.91px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Revenue </span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -2.93865px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 233.967px; width: 174.721px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">and cash and cash equivalents.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 288.008px; width: 127.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net working capital:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 306.008px; width: 209.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBIT margin before special items:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 305.967px; width: 351.006px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net working capital (NWC) is the capital tied up in trade- and </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 323.967px; width: 247.916px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating pro</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit (EBIT) before special items</span><span class="pp-font-color-override-3" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 323.967px; width: 333.691px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">other receivables, other current operating assets less trade </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 260.078px; top: 332.967px; width: 28.4883px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">x 100</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 341.967px; width: 260.162px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Revenue </span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -2.93865px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 341.967px; width: 358.682px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">payables, other payables and other current operating liabilities.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 396.008px; width: 92.7949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Free cash flow:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 414.008px; width: 80.209px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff6; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBIT margin:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 413.967px; width: 372.346px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Free cash flow is cash flow from operating activities less cash flow </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 431.967px; width: 131.326px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating pro</span><span style="word-spacing: 0px; letter-spacing: -0.135px; display: inline-block; margin-left: -0.6258px; width: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fit (EBIT) </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 391.484px; top: 431.967px; width: 137.684px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">from investing activities.</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 147.828px; top: 440.967px; width: 28.4883px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">x 100</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 449.967px; width: 49.4297px; white-space: pre; word-spacing: 0px; letter-spacing: -0.135px; margin-left: 0px; font-size: 13.5px; font-family: ff5; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Revenue</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.<span class="_ _75"/>6<span class="_ _2"/> SUB<span class="_ _2"/>SE<span class="_ _2"/>Q<span class="_ _0"/>UE<span class="_ _2"/>NT EV<span class="_ _0"/>E<span class="_ _2"/>N<span class="_ _0"/>TS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">AC<span class="_ _0"/>QUISITION OF ITN LOGISTICS GROUP</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 19 December 2024, SGL Group ApS, through its wholly-owned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiar<span class="_ _2"/>y Scan Global Logistics A/S, signed an agreement to acquire </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">100% of the shar<span class="_ _0"/>es in ITN Logistics Group (“ITN”). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ITN is a leading privately owned Canadian freight forwarder </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">offering a full suite o<span class="_ _0"/>f global logistics solutions across transport<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">modes. The acquisition of ITN will str<span class="_ _0"/>engthen SGL<span class="_ _75"/>’<span class="_ _0"/>s Canadian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operations by bringing additional scale, locations and increased </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">market share. ITN generated a yearly revenue o<span class="_ _0"/>f approximately CAD </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">170m in 2023. Most impor<span class="_ _2"/>tantly<span class="_ _75"/>, ITN will bring additional human<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capital of mor<span class="_ _0"/>e than 250 employees with comprehensive industr<span class="_ _2"/>y </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">knowledge: people who are a perfect match to SGL Group<span class="_ _75"/>’<span class="_ _0"/>s DNA </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and culture. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The transaction is subject to anti-trust approval from the Canadian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">authorities, and closing is expected in Q2 2025. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquisition of ITN is financed partly through the cash position </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the issue of new senior secur<span class="_ _0"/>ed bonds. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">SGL GROUP APS SUCCESSFULL<span class="_ _75"/>Y PL<span class="_ _2"/>ACES EUR 375,000,000 <span class="_ _79"/><span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">OF NEW SENIOR SECURED BONDS</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 31 January 2025, SGL Group ApS announced that it had </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">successfully placed new senior secured bonds in an amount o<span class="_ _0"/>f </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EUR 375,000,000 under a framework of a total aggr<span class="_ _0"/>egate nominal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount of EUR 600,000,000. The new bonds will carry a tenor<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of 6 years and a floating rate interest o<span class="_ _0"/>f 3 months EURIBOR plus </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4.25% per annum and were placed at a price o<span class="_ _0"/>f 99% of par<span class="_ _4"/>. The<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">bond issue was met with strong demand from primarily Nor<span class="_ _0"/>dic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and international institutional investors and was significantly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">oversubscribed. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Proceeds from the new bonds will be used to: <span class="ls5"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">Fully redeem the Company’<span class="_ _75"/>s outstanding senior secured callable </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">floating rate bonds (ISIN: NO0012826033) maturing in 2028 by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">way of a voluntary redemption.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">P<span class="_ _0"/>ar<span class="_ _2"/>tly finance the acquisition of ITN Logistics Group.</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">• <span class="_ _74"> </span><span class="ws1">P<span class="_ _0"/>aying transaction costs and general corporate purposes. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Settlement of the new bonds was on 24 February 2025, and the<span class="_ _2"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Company intends to list the New Bonds on the Corporate Bond List </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of Nasdaq Stockholm.</span>