41408901 2025-01-01 2025-12-31 41408901 2025-01-01 2025-12-31 1 41408901 2025-01-01 2025-12-31 1 41408901 2025-01-01 2025-12-31 2 41408901 2024-01-01 2024-12-31 41408901 2025-12-31 41408901 2024-12-31 41408901 2024-12-31 fsa:ContributedCapitalMember 41408901 2024-12-31 fsa:RetainedEarningsMember 41408901 2025-01-01 2025-12-31 fsa:ContributedCapitalMember 41408901 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 41408901 2025-12-31 fsa:ContributedCapitalMember 41408901 2025-12-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Morten Olsen AIP Infrastructure II GP ApS Klareboderne 1 DK 1115 Copenhagen K Denmark 41408901 Copenhagen Weidekampsgade 6 2300 København Primary activitiesThe Company's main activity is to act as general partner for AIP Infrastructure II K/S, AIP Infrastructure II Swiss Feeder K/S and AIP He Dreiht AIV K/S. Copenhagen Mikkel Barth-Højgaard Jannick Prehn Brøndum The Executive Board have today considered and adopted the Annual Report of AIP Infrastructure II GP ApS for the financial year 1 January - 31 December 2025.The Annual Report is prepared in accordance with the Danish Financial Statements Act. In our opinion, the Financial Statements give a true and fair view of the financial position at 31 December 2025 of the Company and of the results of the Company operations for the financial year 1 January - 31 December 2025.In our opinion, the Management review includes a true and fair account of the matter addressed in the review.We recommend that the annual report be adopted at the Annual General Meeting. To the shareholders of AIP Infrastructure II GP ApS OpinionWe have audited the financial statements of AIP Infrastructure II GP ApS for the financial year 01.01.2025 - 31.12.2025, which comprise the income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act.In our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2025 and of the results of its operations for the financial year 01.01.2025 - 31.12.2025 in accordance with the Danish Financial Statements Act. Basis for opinionWe conducted our audit in accordance with International Standards on Auditing (ISAs) and additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the "Auditor’s responsibilities for the audit of the financial statements" section of this auditor’s report. We are independent of the Entity in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management's responsibilities for the financial statements Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act, and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.In preparing the financial statements, Management is responsible for assessing the Entity’s ability to continue as a going concern, for disclosing, as applicable, matters related to going concern, and for using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Entity or to cease operations, or has no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit. We also:• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Entity’s internal control.• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management.• Conclude on the appropriateness of Management’s use of the going concern basis of accounting in preparing the financial statements, and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Entity’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Entity to cease to continue as a going concern.• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures in the notes, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. DeloitteStatsautoriseret Revisionspartnerselskab 33963556 Michael Riddersholm Høj State-Authorised Public Accountan mne51504 Statement on the management commentary Management is responsible for the management commentary.Our opinion on the financial statements does not cover the management commentary, and we do not express any form of assurance conclusion thereon.In connection with our audit of the financial statements, our responsibility is to read the management commentary and, in doing so, consider whether the management commentary is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated.Moreover, it is our responsibility to consider whether the management commentary provides the information required by relevant law and regulations.Based on the work we have performed, we conclude that the management commentary is in accordance with the financial statements and has been prepared in accordance with the requirements in the relevant law and regulations. We did not identify any material misstatement of the management commentary. Copenhagen 11394 7106 936 1850 2640 2249 9690 6707 2242 1586 7448 5121 7448 5121 7448 5121 87499 72949 87499 72949 87499 72949 40000 40000 29797 22349 69797 62349 17702 10600 17702 10600 87499 72949 40000 22349 62349 0 7448 7448 40000 29797 69797 Accounting policiesThis annual report has been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class B enterprises with addition of elements from reporting class C enterprises. Presentation currencyThe reporting currency is Danish Kroner, and all amounts are in DKK. Recognition and measurementRevenue is recognized in the income statement as it is earned, including value adjustments of financial assets and liabilities measured at fair value or amortized costsIn addition, expenses incurred to achieve the year’s earnings are recognized, including depreciation, write-downs, provisions, and reversals because of changed accounting estimates of amounts previously recognized in the income statement. Assets are recognized in the balance sheet when it is probable because of a prior event that future economic benefits will flow to the company, and the value of the asset can be measured reliably. Liabilities are recognized in the balance sheet when the company has a legal or constructive obligation because of a prior event, and it is probable that future economic benefits will flow out of the company, and the value of the liabilities can be measured.At initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each accounting item below.Recognition and measurements consider the gains, losses and risks that arise before the annual report is presented and which corroborates or invalidates conditions that existed at the balance sheet date. Foreign currency translationForeign currency transactions are translated at the exchange rate at the transaction date. Exchange rate differences arising between the exchange rate at the transaction date and the rate at the payment date are recognizes in the income statement as a financial item.Receivables, payables, and other monetary items in foreign currencies that have not been settled on the balance sheet date are translated at the exchange rate at the balance sheet date. The difference between the exchange rate at the balance sheet date and the exchange rate at the transaction date is recognized in the income statement as a financial item.Income statementGross profit/lossGross profit is calculated with reference to §32 of the Danish Financial Statements Act as a summary of revenue and other external expenses.RevenueRevenue comprises of fees received from AIP Infrastructure II K/S, AIP Infrastructure II Swiss Feeder K/S and AIP He Dreiht AIV K/S for acting as general partner and related activities.Other external expensesOther external costs include costs for administration, etc.Financial itemsFinancial income and expenses include interest income and expenses, realized and unrealized gains and losses on debt and transactions in foreign currencies. TaxIncome taxes for the year, is recognized in the income statement with the part that can be attributed to the profit for the year.Balance sheetCash and cash equivalentsCash comprises of cash in bank deposits.DividendDividend distribution proposed by the management for the financial year are shown as a separate item under equity.Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. true 0 0 TaxesTaxes for the year -2,132 -1,475Income taxes previous years -110 -111Total income taxes -2,242 -1,586 Contingent liabilitiesThe company is General Partner to the company AIP Infrastructure II K/S, AIP Infrastructure II Swiss Feeder K/S and AIP He Dreiht AIV K/S and is as General Partner liable for any claims against this limited partnership.The company is jointly taxed with Capital Investment A/S, which acts as the tax administrative body in relation to the joint taxation. The company is jointly and severally liable with other jointly taxed group companies for the payment of income taxes as well as withholding taxes on interest, royalties and dividends.The company has no contingent liabilities apart from the liabilities already recognized in the balance sheet. Consolidated financial statementsAIP Infrastructure II GP ApS is included in the consolidated financial statement of the parent company Storebrand Asset Management AS, Lysaker, Norway.The consolidated financial statement for Storebrand Asset Management AS can be obtained at the address:Storebrand Asset Management ASProfessor Kohts vej 9Post boks 4841327 LysakarNorway Annual report Auditor's report on audited financial statements ParsePort XBRL Converter 2025-01-01 2025-12-31 2024-01-01 2024-12-31 2026-04-27 Reporting class B 2020-06-03 2026-04-27 41408901 AIP Infrastructure II GP ApS Klareboderne 1 1115 København K Opinion Basis for Opinion 2026-04-27