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ROC:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersRecognisedInEquityMember 213800QRC7LNX935OZ09 2024-01-01 2024-12-31 ifrs-full:RetainedEarningsMember 213800QRC7LNX935OZ09 2024-01-01 2024-12-31 ifrs-full:ReserveOfCashFlowHedgesMember 213800QRC7LNX935OZ09 2024-01-01 2024-12-31 ifrs-full:EquityAttributableToOwnersOfParentMember 213800QRC7LNX935OZ09 2024-01-01 2024-12-31 ifrs-full:NoncontrollingInterestsMember iso4217:EUR xbrli:shares iso4217:EUR iso4217:DKK xbrli:shares global 4150000 6300000 3877000000 3855000000 22000000 16000000 3899000000 3871000000 1264000000 1282000000 505000000 475000000 351000000 322000000 915000000 852000000 3035000000 2931000000 864000000 940000000 294000000 263000000 570000000 677000000 392000000 0 178000000 677000000 1000000 1000000 51000000 40000000 37000000 22000000 193000000 696000000 165000000 146000000 28000000 550000000 0 0 28000000 550000000 1 0.13 0.1 2.6 1 0.13 0.1 2.6 28000000 550000000 2000000 -8000000 1000000 -3000000 -40000000 9000000 1000000 1000000 -38000000 5000000 -10000000 555000000 0 0 -10000000 555000000 114000000 136000000 10000000 12000000 37000000 50000000 4000000 6000000 14000000 9000000 179000000 213000000 964000000 1019000000 810000000 820000000 41000000 38000000 520000000 382000000 2335000000 2259000000 79000000 77000000 24000000 13000000 12000000 11000000 6000000 12000000 57000000 62000000 99000000 98000000 2692000000 2647000000 374000000 381000000 333000000 338000000 49000000 57000000 42000000 31000000 44000000 31000000 108000000 403000000 950000000 1241000000 3642000000 3888000000 28000000 29000000 -202000000 -162000000 118000000 182000000 2798000000 3038000000 -1000000 -2000000 2741000000 3085000000 0 1000000 2741000000 3086000000 86000000 72000000 39000000 42000000 49000000 55000000 27000000 20000000 29000000 16000000 230000000 205000000 165000000 23000000 243000000 256000000 33000000 28000000 7000000 12000000 50000000 79000000 173000000 199000000 671000000 597000000 901000000 802000000 3642000000 3888000000 570000000 677000000 294000000 263000000 7000000 -15000000 94000000 7000000 777000000 918000000 45000000 35000000 21000000 20000000 191000000 116000000 610000000 817000000 461000000 376000000 0 8000000 12000000 11000000 2000000 74000000 -475000000 -453000000 135000000 364000000 178000000 125000000 154000000 149000000 3000000 3000000 3000000 0 31000000 29000000 -4000000 3000000 150000000 13000000 3000000 13000000 -218000000 -309000000 -83000000 55000000 402000000 353000000 20000000 -6000000 -243000000 0 96000000 402000000 650000000 600000000 <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated statement of cash flows is compiled using the indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method on the basis of EBIT<span class="_ _ac"/>. The statement of cash flows shows flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from operating, investing and financing activities for the year<span class="_ _0"/>, as well as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash and cash equivalents at the beginning and at the end of the year<span class="_ _0"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from operating activities comprises operating profit befor<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial items adjusted for non-cash items and changes in working capital.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from investing activities comprise payments relating to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition and sale of companies, intangible and tangible assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other asset investments. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from financing activities comprise proceeds fr<span class="_ _3"/>om borrowings, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">repayment of lease liabilities and debt, payment of dividends, sale and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purchase of tr<span class="_ _3"/>easury shares, transactions with non-controlling interests </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and increases of the share capital.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash available includes cash less short-term bank debt.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Dividend is included as a liability at the time of adoption by the Annual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">General Meeting. Dividend that is expected to be paid for the year is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">shown separately in the equity.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sale and purchase of, as well as dividends on treasury shar<span class="_ _3"/>es are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">recognised under r<span class="_ _3"/>etained ear<span class="_ _1"/>nings in the equity.</span></span> <span><span style="display:inherit;clear:left;">The reserve for </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">foreign curr<span class="_ _3"/>ency translation consists of exchange rate differences that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">occur when translating the subsidiaries’ financial statements from their </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">functional currency into EUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedging adjustments comprise changes in the fair value of hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transactions that qualify for recognition as cash flow hedges and where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the hedged transaction has not yet been realised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Non-controlling inter<span class="_ _3"/>ests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The non-controlling interests’ pr<span class="_ _3"/>oportionate share of the result for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">year and the equity is recognised as part of the Group’<span class="_ _67"/>s result for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">year and as a separate share of the Group’<span class="_ _67"/>s equity.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.2 Material accounting policy information</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Report for ROCKWOOL A/S has been prepar<span class="_ _3"/>ed in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with IFRS Accounting Standar<span class="_ _3"/>ds as adopted by the EU </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and further requir<span class="_ _3"/>ements in the Danish Financial Statements Act. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial year for the Group is 1 January – 31 December 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group Accounts - principles of consolidation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated financial statements have been prepar<span class="_ _3"/>ed as a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidation of the financial statement of the parent company, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL A/S, and the subsidiaries’ financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">according to the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s accounting policies, and with elimination </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of dividends, internal revenue and expenditure items, internal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profits as well as inter<span class="_ _3"/>company balances and shareholdings.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Subsidiaries are all the entities over which the Gr<span class="_ _3"/>oup has control. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group contr<span class="_ _3"/>ols an entity when the Group has effective power </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">over the entity and has the right to variable returns from the entity. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Subsidiaries are fully consolidated fr<span class="_ _3"/>om the date on which control is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transferred to the Gr<span class="_ _3"/>oup. Subsidiaries are deconsolidated from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date that control ceases.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ranslation of foreign currency</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Report has been presented in eur<span class="_ _3"/>o (EUR) which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Group’<span class="_ _67"/>s presentation currency. Each company in the Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">determines its own functional currency.</span></span> The functional currency of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the parent company is Danish kr<span class="_ _3"/>oner (DKK), however the parent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements are pr<span class="_ _3"/>esented in Euro (EUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ransactions in foreign currency ar<span class="_ _3"/>e translated using the exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate at the transaction date or a hedged rate. Monetary items in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">foreign curr<span class="_ _3"/>ency are translated using the exchange rates at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date. Accounts of for<span class="_ _3"/>eign subsidiaries are translated using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exchange rates at the reporting date for items in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position, and the periodic average exchange rates for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">items of the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ransactions in Russian roubles have, since March 2022, been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translated using exchange rates published by the Russian Central </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bank. T<span class="_ _ac"/>ransactions in roubles are translated using the exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates at the reporting date for items in the statement of financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, and the periodic average exchange rates for items of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">All exchange rate adjustments are r<span class="_ _3"/>ecognised in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss under financial items, apart fr<span class="_ _3"/>om the exchange rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">differ<span class="_ _3"/>ences arising on:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of equity in subsidiaries at the beginning of the </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial year using the exchange rates at the reporting date;</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of the profit for the year fr<span class="_ _3"/>om average exchange rates </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to exchange rates at the reporting date; </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of the forward hedging of capital investments in </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiaries;</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of capital investments in associates and other </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">companies; and,</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Pr<span class="_ _3"/>ofit and loss on effective derivative financial instruments used to </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge expected future transactions.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These value adjustments are r<span class="_ _3"/>ecognised directly in other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.3 New and amended standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Implementation of new standards, amendments and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Effective fr<span class="_ _3"/>om 1 January 2025, the Group has implemented the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">following amendments to standards (IAS and IFRS):</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c">Amendment to IAS 21.</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The adoption of the amended standard has not impacted our </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated financial statements for 2025 and is not anticipated to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have a significant impact on future periods.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">New standards, amendments and interpr<span class="_ _3"/>etations adopted but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not yet effective</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IASB has issued new or amended accounting standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations that have not yet become ef<span class="_ _3"/>fective and have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consequently not been implemented in the consolidated financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements for 2025. The Group expects to adopt the accounting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">standards and interpr<span class="_ _3"/>etations when they become mandatory. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In April 2024, the IASB issued IFRS 18 Presentation and Disclosur<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Financial Statements. The EU has not yet adopted the standard. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The standard is ef<span class="_ _3"/>fective for annual reporting periods beginning on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or after 1 January 2027 and will be applied retr<span class="_ _3"/>ospectively.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IFRS 18 will change the Group’<span class="_ _67"/>s statement of profit or loss by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">introducing new r<span class="_ _3"/>equired categories (operating, investing, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing) and additional requir<span class="_ _3"/>ed subtotals such as “operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit”. Furthermore, the standar<span class="_ _3"/>d introduces new disclosure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">requir<span class="_ _3"/>ements for management defined performance measures and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enhanced disaggregation of income and expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Based on a preliminary assessment, the Gr<span class="_ _3"/>oup expects IFRS 18 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to mainly affect the pr<span class="_ _3"/>esentation and disclosure of the Group’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance measures and line items. The Group does not expect <span class="ls0"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a significant impact on total comprehensive income, equity, or <span class="ls0"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash flows.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">None of the other new or amended standards or interpr<span class="_ _3"/>etations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">issued but not yet effective ar<span class="_ _3"/>e expected to have a significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impact on the Group’<span class="_ _67"/>s consolidated financial statements.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.4 Reporting under the ESEF Regulation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Commission Delegated Regulation (EU) 2019/815 on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">European Single Electr<span class="_ _3"/>onic Format (ESEF Regulation) has intro<span class="ws112">duced </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a single electronic r<span class="_ _3"/>eporting format for t<span class="_ _1"/>he annual financial reports </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of issuers with securities listed on the EU regulated markets.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The ESEF Regulation requir<span class="_ _3"/>es that annual financial reports are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">disclosed using the XHTML format and that the statements and<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">notes in the consolidated financial statements are tagged using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">inline eXtensible Business Reporting Language (iXBRL).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IXBRL tags shall comply with the ESEF taxonomy, which is included </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the ESEF Regulation and developed based on the IFRS taxonomy </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">published by the IFRS Foundation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As part of the tagging process financial statement line items and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">notes are marked up to elements in the ESEF taxonomy. If a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statement line item is not defined in the ESEF taxonomy, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an extension to the taxonomy is created. Extensions have to be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">anchored in the ESEF taxonomy, except for extensions which ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subtotals.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Report submitted to the Danish Financial Supervisory </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Authority (The Officially Appointed Mechanisms) consists of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">XHTML document together with some technical files all included in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a ZIP file named ROCK-2025-12-31-en.zip.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.5 Loss from value adjustment of the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 13 January 2026, the Russian government published a<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presidential decr<span class="_ _3"/>ee, in which management of ROCKWOOL<span class="_ _ac"/>’<span class="_ _ac"/>s Russian<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiaries LLC ROCKWOOL and LLC ROCKWOOL-VOLGA was </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">put under external administration. LLC ROCKWOOL owns 100<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">percent of the two Russian subsidiaries LLC ROCKWOOL-NORTH </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and LLC ROCKWOOL-Ural. According to the pr<span class="_ _3"/>esidential decree, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL retains title to the shar<span class="_ _3"/>es in the subsidiaries, but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">otherwise no longer has any control or influence over management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the four subsidiaries in Russia (the Russian business).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The decree was signed on 31 December 2025 and published on 13 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">January 2026. The decree enters into for<span class="_ _3"/>ce on the day of publication </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">according to Russian r<span class="_ _3"/>egulation. Therefore, it is Management’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assessment that ROCKWOOL has lost control of the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business on 13 January 2026. The Russian business will therefor<span class="_ _3"/>e be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">deconsolidated as from 13 January 2026. This is also disclosed as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an event after the balance sheet date in note 6.5. Management has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assessed that the Russian business from 13 January 2026 qualifies as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a discontinued operation and will be presented as such in Q1 2026 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including change of comparatives according to IFRS 5.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon deconsolidation in 2026, the cumulative currency translation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reserve in equity r<span class="_ _3"/>elated to the Russian business will be reclassified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from equity to the Statement of pr<span class="_ _3"/>ofit and loss and recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in “Loss from discontinued operations”. The cumulated curr<span class="_ _3"/>ency </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translation reserve as at 31 December 2025 r<span class="_ _3"/>epresents a loss of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">170<span class="ls0 ws0"> </span>MEUR.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to the signing of the presidential decr<span class="_ _3"/>ee Management has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reassessed the value of the Russian net assets on 31 December </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2025, and an impairment of the net assets in the Russian business<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">was made as per 31 December 2025. Based on the current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">valuation practice of Western entities in Russia and the complexity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of complying with all sanctions in a sales situation, the value of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">net assets was impaired in full, which r<span class="_ _3"/>esulted in a loss in 2025 of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">475<span class="ls0 ws0"> </span>MEUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In addition, Management has assessed that an existing loan to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL A/S from the Russian subsidiary LLC ROCKWOOL will </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not result in cash outflow as it is assessed that curr<span class="_ _3"/>ent EU sanctions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">prohibit the r<span class="_ _3"/>epayment of the loan, as long as control is lost over the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Russian business. The loan liability of 83 MEUR has been offset in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the value adjustment of the Russian business.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The total loss from value adjustment of the Russian business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">therefor<span class="_ _3"/>e amounted to 392 MEUR.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial performance</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from the Russian business in 2025 amounted to 261 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR with an EBIT of 78 MEUR before value adjustment. The loss </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from value adjustment of the Russian business includes the full </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment of the net asset in the Russian business of 475 MEUR<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">offset by the loan liability of 83 MEUR.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Major assets and liabilities in the Russian business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:325.015625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 391.954px; white-space: pre; word-spacing: -0.118028px; letter-spacing: 0.118028px; margin-left: 0px; font-size: 9.07908px; font-family: ff3; -webkit-text-stroke: 0.136186px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.118028px; letter-spacing: 0.118028px; display: inline-block; margin-left: 0px; width: 340.684px; font-size: 9.07908px; font-family: ff3; -webkit-text-stroke: 0.136186px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.136186px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 16.3359px; width: 391.963px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Good</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">will</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 342.445px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 34.8984px; width: 149.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ant a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">qu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ip</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 374.953px; top: 34.8984px; width: 17.6735px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">112</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 53.4766px; width: 164.818px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cei</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e fr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OCK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/S</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.062px; top: 53.4766px; width: 11.7804px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">83</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 72.0391px; width: 121.225px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other non-</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cur</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rent assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 386.266px; top: 72.0391px; width: 5.89307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 91.3281px; width: 391.951px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current assets</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 275.016px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">209</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.164px; width: 391.945px; white-space: pre; word-spacing: -0.0525px; letter-spacing: 0.0525px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Inve</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ntor</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 334.641px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">32</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 127.727px; width: 57.4395px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.062px; top: 127.742px; width: 11.7804px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 146.305px; width: 69.7559px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x receivable</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 386.266px; top: 146.305px; width: 5.89307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 164.883px; width: 23.9531px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 374.953px; top: 164.883px; width: 17.6735px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">243</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 184.172px; width: 391.957px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current assets</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 298.576px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">299</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 202.734px; width: 391.904px; white-space: pre; word-spacing: -0.252px; letter-spacing: 0.252px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al assets</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 312.369px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">508</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 220.57px; width: 74.0273px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade payables</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.062px; top: 220.586px; width: 11.7804px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 239.148px; width: 74.6367px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other liabilities</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.062px; top: 239.148px; width: 11.7804px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">23</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 258.438px; width: 75.75px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ota</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l liabilities</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 378.703px; top: 258.438px; width: 12.5428px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">33</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 277.016px; width: 175.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ne</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s in t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Ru</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ne</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 372.438px; top: 277.016px; width: 18.8142px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">475</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 294.852px; width: 243.615px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ad</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt o</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f th</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e loa</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n lia</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bi</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lit</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y t</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o LLC R</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OCK</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 376.812px; top: 294.852px; width: 15.3091px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-83</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 314.141px; width: 264.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dj</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 372.438px; top: 314.141px; width: 18.8142px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">392</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Control over the Russian business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During 2025, ROCKWOOL A/S has been the direct or indirect sole owner of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">four Russian legal entities and was concluded to have control over the entities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">due to power over the entities, exposure and rights to variable returns and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ability to use the power to affect those returns.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Throughout 2025, it has been r<span class="_ _3"/>egularly assessed and concluded that the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for having control over the Russian entities were fulfilled.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Despite having operationally separated the Russian business from the rest of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group, it was concluded that ROCKWOOL A/S had control due to exer<span class="_ _3"/>cising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">power over the entities by the right to appoint or dismiss local management and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to impact management decisions, even if ROCKWOOL A/S did not exercise that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">right. Local management still operated within a framework set by ROCKWOOL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A/S. In addition, ROCKWOOL A/S has received dividend from the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business throughout the period after the Russian invasion of Ukraine. No country </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has adopted legislation that prevented ROCKWOOL A/S from af<span class="_ _3"/>fecting the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">returns from the investment or to repatriate dividend, although the pr<span class="_ _3"/>ocess was </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significantly delayed due to the Russian application process.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Russian government has not, until 13 January 2026, made any attempts to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">take over ROCKWOOL<span class="_ _0"/>’<span class="_ _0"/>s business in Russia or to influence local management.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The assessment of control over the Russian business is subject to critical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">judgement.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As per 13 January 2026, ROCKWOOL A/S lost control over the Russian business.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">V<span class="_ _0"/>alue adjustment of the Russian business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to the signing of the presidential decree on 31 December 2025 that led </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the loss of control over the Russian business in January 2026, Management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has concluded that the net assets in the four Russian legal entities should be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fully impaired on 31 December 2025. There is a critical estimate involved as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to determining the value of the Russian business under the circumstances. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The overall political situation in Russia is uncertain with significant impact of a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">possible return of control or even a for<span class="_ _3"/>ced divestment process factoring in all the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EU sanctions and Russian regulatory processes and appr<span class="_ _3"/>ovals and considering </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the fact that ROCKWOOL A/S no longer is able to manage, dispose of or control </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Russian business. Strategic decisions are effectively fr<span class="_ _3"/>ozen or redirected. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">prospects of getting any future economic benefits out of the Russian business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or any compensation is assessed to be very limited under the current situation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Therefor<span class="_ _3"/>e, the net assets were impaired in full.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The loan from LLC ROCKWOOL to ROCKWOOL A/S of 83 MEUR has been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">offset in the value adjustment of the Russian business as of 31 December 2025. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to current EU sanctions, which prohibit indir<span class="_ _3"/>ect financing of sanctioned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">products, Management assessed that repayment of the loan and hence any cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outflow would not occur and the loan is therefore of<span class="_ _3"/>fset in the value adjustment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the Russian business. There is a critical estimate involved in the valuation of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">this liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue and segmented accounts</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group pr<span class="_ _3"/>oduces and sells a range of non-combustible stone wool </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insulation products, including solutions for ceiling systems, ventilated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">façades, friction and water management and stone wool substrate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">solutions for the professional horticultural.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue is recognised when contr<span class="_ _3"/>ol of the products has transferred to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customer<span class="_ _0"/>, being when the products are deliver<span class="_ _3"/>ed to the customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the risk has been transferred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The products ar<span class="_ _3"/>e often sold with volume discounts based on aggregate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sales over a 12-month period. Revenue from these sales is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the price specified in the contract, net of the estimated volume </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts. Past experience is used to estimate and provide for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts, using the expected value method.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The revenue includes no element of financing as the sales are made with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">credit terms of normally 30-60 days consistent with market practice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A receivable is r<span class="_ _3"/>ecognised when the products are delivered as this is the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">point in time that the consideration is unconditional because only the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">passage of time is required befor<span class="_ _3"/>e the payment is due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group Management has determined the business segments for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purpose of assessing business performance and allocating resources. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Primarily segments are based on pr<span class="_ _3"/>oducts and ther<span class="_ _1"/>mal performance, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Systems segment is primarily defined as non-thermal insulation products. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Nearly all external revenue consist of sales of products.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Segmental data is stated for business areas and geographical ar<span class="_ _3"/>eas. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The split by business areas is in accordance with the Gr<span class="_ _3"/>oup’<span class="_ _0"/>s internal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">reporting.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The segmental data is presented accor<span class="_ _3"/>ding to the same principle as the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated financial statements. The segmental EBIT includes revenue </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and expenditure including non-recurring expenditur<span class="_ _3"/>e operationally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to the segment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>wo different share-based incentive pr<span class="_ _3"/>ogrammes have been established: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A stock option programme and a restricted shar<span class="_ _3"/>e programme (RSUs). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Both programmes are classified as equity based, as they ar<span class="_ _3"/>e settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares. Due to local rules, a minor part of both programmes is given as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">phantom shares and is classified as cash-based, as they are settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash. The programmes ar<span class="_ _3"/>e offered to Group Management and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">senior executives. The incentive programmes are part of the variable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">part of the remuneration and follows the Group’<span class="_ _ac"/>s remuneration policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Participation in the programmes are at the Remuneration Committees </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discretion and no individual has a contractual right to participate or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receive any guaranteed benefit.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When RSUs are issued, the value of the RSUs at grant date is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in employee benefits expenses in the statement of profit and loss and in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equity over the three-year vesting period. On initial recognition of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RSUs, the number of RSUs expected to vest is estimated. Subsequently, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the estimate is revised so the total cost recognised is based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">actual number of RSUs vested. The fair value of RSUs is determined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the quoted share price at grant adjusted for expected dividend </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payout (based on historic dividend payout ratio). The participants are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">compensated for any dividend payment by receiving additional RSUs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A minor part of the RSUs is given as phantom shares (cash-based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">programme) and ar<span class="_ _3"/>e after initial recognition adjusted to fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">through finance expenses in the statement of profit and loss against a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related pr<span class="_ _3"/>ovision.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of resear<span class="_ _3"/>ch activities are expensed in the year in which they are incurred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of development projects that are clearly defined and identifiable, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for which the potential technical and commercial exploitation is demonstrated, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capitalised to the extent that they are expected to generate future r<span class="_ _3"/>evenue. All other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development costs are expensed as incurr<span class="_ _3"/>ed in the statement of profit and loss under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets, apart from goodwill, are stated at cost less accumulated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amortisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arisen from the acquisition of enterprises and activities is stated at cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and is not amortised. The carrying amount of goodwill is allocated to the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash-generating units at the acquisition date. Identification of independent cash-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generating units is based on business structure and level of internal control of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow<span class="_ _3"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment ar<span class="_ _3"/>e stated at cost less accumulated depreciation and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment losses. For technical plant and machinery manufactured by the Group, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost comprises the acquisition cost, expenditure directly attributable to bringing </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the asset to the location and condition necessary for it to be capable of operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as intended (including engineering hours and an appropriate share of attributable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">indirect production costs), as well as borr<span class="_ _3"/>owing costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight-line basis over the expected useful lives of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets, taking into account any estimated residual value. Depreciation starts when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is available for use and ceases on disposal.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected useful lives are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Buildings: <span class="_ _273"> </span>20-40 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Plant and machinery: <span class="_ _127"> </span>5-15 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other operating equipment: <span class="_ _a4"> </span>3-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On sale or scrapping of assets, any losses or gains are r<span class="_ _3"/>ecognised in other operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income for the year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Investment grants related to pr<span class="_ _3"/>operty, plant and equipment are deducted from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">the cost of the related assets</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Leases</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. For identified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, a right-of-use (RoU) asset and corresponding liability are r<span class="_ _3"/>ecognised on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assets and liabilities arising from a lease are initially measur<span class="_ _3"/>ed on a present value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis. Lease liabilities include the net present value of the payments, which are fixed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or variable payments dependent on an index or a rate. When adjustments to lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payments based on an index or a rate take effect, the lease liability is reassessed and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjusted against the lease asset. Service components are excluded from the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability except for those related to cars.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o measure the lease liability at an amount equal to the net present value of the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payments, a discount rate is used. For this purpose, the Group generally uses its </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">incremental borr<span class="_ _3"/>owing rate (IBR). The IBR is calculated per main country/region per </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset type considering different lengths of the lease terms. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The lease payments are split into an interest cost and a r<span class="_ _3"/>epayment of the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are measur<span class="_ _3"/>ed at cost corresponding to the lease liability recognised, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjusted for any lease prepayments or directly r<span class="_ _3"/>elated costs, including restoration </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are depr<span class="_ _3"/>eciated on a straight-line basis over the shorter of the expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">lease term and the asset’<span class="_ _0"/>s useful life.</span></span> <span><span style="display:inherit;clear:left;">RoU assets are tested for impairment whenever </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">there is an indication that the assets may be impaired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension and termination options are included in a number of property and equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases across the Group. The majority of extension and termination options held are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exercisable only by the Group and not by the r<span class="_ _3"/>espective lessor<span class="_ _0"/>. If the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contains an extension or purchase option that the Group considers r<span class="_ _3"/>easonably certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to be exercised, these are included in the measur<span class="_ _3"/>ement of the liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Short-term leases and leases of low value are recognised on a straight-line basis as cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _ac"/>s portfolio of leases covers leases of office buildings, warehouses and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other equipment such as cars and forklifts. Leases for offices and other buildings have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease terms between 2-22 years, warehouses between 3-10 years while car and forklift </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases generally have lease terms between 3-5 years. The Group also has a few long-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term site leases with lease ter<span class="_ _1"/>ms up to 99 years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment tests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When there is an indication of a reduction in the pr<span class="_ _3"/>ofitability of an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset, an impairment test is perfor<span class="_ _1"/>med for the assets in question and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairments are made, if necessary. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For goodwill, annual impairment tests are made. The recoverable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts of the assets and cash-generating units (CGUs) have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determined based on value-in-use calculations. When testing for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment, the value is written down to the estimated recoverable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, if lower than the carrying amount. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carrying amount of other non-current assets is tested for impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _0"/>. The carrying amount of property, plant and equipment is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment when there is indication of change in the structural </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profitability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Employee benefit obligations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pension payments concerning defined contribution plans are recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on an ongoing basis in the statement of profit and loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined benefit plans are stated at the net present value at the r<span class="_ _3"/>eporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date and included in the consolidated financial statements. Adjustments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the plans are carried out on a regular basis in accor<span class="_ _3"/>dance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">underlying actuarial assessments. Actuarial gains or losses for defined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefit plans are r<span class="_ _3"/>ecognised in full in the period in which they occur in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income. The actuarial assessment is carried out </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">every year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Funded benefit plans have assets placed in trustee-administered pension </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">funds, which are governed by local regulations and practice in each </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">country.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If a benefit plan constitutes a net asset, the net asset is recognised only </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the extent that it equals the value of future repayments or will lead to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduced futur<span class="_ _3"/>e payments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The payments to the pension funds are based on the usual actuarial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assessments and are r<span class="_ _3"/>ecognised in the statement of profit and loss after </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maturity. Provided that the actuarial assessments of pension obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">show noticeable excess solvency or insolvency in relation to the pension </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fund’<span class="_ _ac"/>s assets, the difference is entered to the statement of financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position and the future payments are adjusted accor<span class="_ _3"/>dingly. With regard </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to these schemes, the actuarial assessment is also carried out every year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions ar<span class="_ _3"/>e recognised when a legal or constructive obligation has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been incurred as a r<span class="_ _3"/>esult of past events, when it is probable it will lead to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an outflow of financial resour<span class="_ _3"/>ces, and when the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. The provision is calculated as the amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be paid to settle the obligation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories are valued at the lowest value of historical cost calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a weighted average or the net realisation value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cost of finished goods and work in progr<span class="_ _3"/>ess include the direct costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of production materials and wages, as well as indirect pr<span class="_ _3"/>oduction costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">such as personnel costs, maintenance costs and depreciation of plant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and machinery.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rade receivables are measur<span class="_ _3"/>ed at amortised cost less allowance for bad </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt based on the expected credit loss model.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group applies the simplified approach to measur<span class="_ _3"/>e expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, which uses a lifetime expected loss allowance for all trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o measure the expected credit losses, trade receivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on shar<span class="_ _3"/>ed credit risk characteristics and the days past due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected loss rates are based on the payment profiles of sales over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a period of 60 months before 1 January 2025 and the corresponding </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">historical credit losses experienced within this period. The historical loss </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates are adjusted to reflect curr<span class="_ _3"/>ent and forward-looking information on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">macroeconomic factors af<span class="_ _3"/>fecting the ability of the customers to settle </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the receivables.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>reasury shares</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL A/S has a reserve of tr<span class="_ _3"/>easury shares recognised in retained </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earnings. The shares are bought back to meet obligations under the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _ac"/>s equity-based restricted share unit pr<span class="_ _3"/>ogramme and as part of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _ac"/>s share buy-back programme.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations and asset acquisitions</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;">Acquisitions are accounted for using the acquisition method. The cost of a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business combination comprises the fair value of the consideration agreed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">upon, including the fair value of any consideration contingent on future events, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the amount of any non-controlling interests in the acquir<span class="_ _3"/>ee. The Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognises any non-contr<span class="_ _3"/>olling interest in the acquiree on an acquisition-by-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition basis, at either fair value (full goodwill) or at the non-controlling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest’<span class="_ _ac"/>s proportionate share of the r<span class="_ _3"/>ecognised amounts of the acquiree’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identifiable assets. Acquisition-related costs are expensed in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss as and when incurr<span class="_ _3"/>ed within other exter<span class="_ _1"/>nal costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquired entities’ identifiable assets, liabilities and contingent liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measur<span class="_ _3"/>ed at fair value at the acquisition date. The acquisition date is the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date when the Group effectively obtains contr<span class="_ _3"/>ol of an acquired subsidiary </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or significant influence over an associate. Identifiable intangible assets 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="_ _3"/>om a contractual right. Deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is recognised on r<span class="_ _3"/>evaluations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill is initially measured at cost, being the excess of the aggregate of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration transferred and the amount of any non-controlling inter<span class="_ _3"/>est in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquiree over the fair value of the identifiable net assets acquired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill and fair value adjustments in connection with the acquisition of an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entity are treated as assets and liabilities belonging to the for<span class="_ _3"/>eign entity and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translated into the foreign entity’<span class="_ _ac"/>s functional currency at the exchange rate at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the transaction date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The identifiable assets, liabilities and contingent liabilities on initial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognition at the acquisition date are subsequently adjusted up until 12<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">months after the acquisition. The effect of the adjustments is recognised<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the opening balance of equity, and the comparative figures are r<span class="_ _3"/>estated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordingly if the amount is material.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in estimates of contingent purchase considerations are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In a step acquisition, the Group gains control of an entity in which it alr<span class="_ _3"/>eady </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">held a shareholding before gaining contr<span class="_ _3"/>ol. The shareholding held before the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">step acquisition is remeasured at fair value at the acquisition date and added </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the fair value of the consideration paid for the shareholding acquired in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">step acquisition and is accounted for as the total cost of the shareholding in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the acquired entity. The gain or loss on the remeasur<span class="_ _3"/>ement is recognised in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of profit and loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Disposals and loss of control </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses on the disposal or liquidation of subsidiaries and associates are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as the differ<span class="_ _3"/>ence between the sales price and the carrying amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net assets (including goodwill) at the date of disposal or liquidation, and net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of foreign exchange adjustments recognised in other compr<span class="_ _3"/>ehensive income, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and costs to sell or liquidation expenses. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The shareholding retained after the loss of contr<span class="_ _3"/>ol of subsidiaries is remeasured </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at fair value and accounted for as the fair value on initial recognition of a financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset or the cost of an investment in an associate. Gains or losses on the loss of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">control of subsidiaries are r<span class="_ _3"/>ecognised as the difference between the fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the retained shareholding and the carrying amount of the der<span class="_ _3"/>ecognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">net assets (including goodwill) at the date of loss of control, and net of foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange adjustments recognised in other comprehensive income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ta<span class="_ _c"/>x</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ax in the statement of profit and loss is comprised of current year tax expense </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and changes to deferred tax. Adjustments to prior year tax results and audits ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">captured in the statement of profit and loss if such adjustments materialise. T<span class="_ _67"/>ax<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on changes in other comprehensive income is recognised dir<span class="_ _3"/>ectly under other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Movement in income tax receivable and payable is comprised of payments to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax authorities and provision for current tax on pr<span class="_ _3"/>ofit captured in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss, and adjustments to prior years if such materialise.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for deferr<span class="_ _3"/>ed tax are calculated on all temporary differences<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">between accounting and taxable values, calculated using the balance-sheet </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax pr<span class="_ _3"/>ovisions are also made to cover the re-taxation of losses in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">jointly taxed foreign companies previously included in the Danish joint taxation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Companies within the Group may be entitled to claim special tax deductions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for investments in qualifying assets or in relation to qualifying expenditure. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group accounts for such allowances as tax credits. Consequently, the allowance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduces income tax payables and curr<span class="_ _3"/>ent tax expense. A deferred tax asset is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised for unclaimed tax cr<span class="_ _3"/>edits that are carried forward.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets ar<span class="_ _3"/>e recognised when it is probable that the assets will </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduce tax payments in coming years and they are assessed at the expected net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">realisable value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is stated accor<span class="_ _3"/>ding to current tax regulations. Changes in deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax as a consequence of changes in tax rates are r<span class="_ _3"/>ecognised in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The parent company is taxed jointly with all Danish subsidiaries. Income subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">to joint taxation is fully distributed</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commitments and contingent liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for legal pr<span class="_ _3"/>oceedings are recognised if they are certain or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable at the reporting date, and if the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. Legal proceedings for which no reliable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate can be made are disclosed as contingent liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Definition of key figur<span class="_ _3"/>es and ratios</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Part of management’<span class="_ _ac"/>s review</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EB<span class="_ _1"/>I<span class="_ _1"/>T<span class="_ _1"/>DA</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earnings before amortisation, depreciation, impairment, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial items, and tax</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EBIT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earnings before financial items and tax</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net working<span class="_ _3"/> capital (NWC)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories, trade receivables, other r<span class="_ _3"/>eceivables and other current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating assets less trade payables, other payables, and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">current operational liabilities, adjusted for investment payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inve<span class="_ _1"/>ste<span class="_ _1"/>d c<span class="_ _1"/>api<span class="_ _1"/>ta<span class="_ _1"/>l</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">NWC + intangible assets, property, plant and equipment, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and right-of-use assets less non-interest bearing liabilities and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investment payables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net interest bearing<span class="_ _3"/> debt</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash less bank loans and other loans less bank debt less lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EBITD<span class="_ _3"/>A margin<span class="_ _3"/> (%<span class="_ _3"/>)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EBITDA</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">x 10<span class="_ _2"/>0%</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EBIT<span class="_ _3"/> margin (%<span class="_ _3"/>)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EBIT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">x 10<span class="_ _2"/>0%</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ea<span class="_ _1"/>rni<span class="_ _1"/>ng<span class="_ _1"/>s per s<span class="_ _1"/>ha<span class="_ _1"/>re of D<span class="_ _1"/>KK 1 (EU<span class="_ _1"/>R 0.<span class="_ _0"/>1<span class="_ _3"/>3)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Profit/loss for the year excl. non-contr<span class="_ _3"/>olling interests </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Average number of outstanding shar<span class="_ _3"/>es</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Dil<span class="_ _1"/>ute<span class="_ _1"/>d ea<span class="_ _1"/>rni<span class="_ _1"/>ng<span class="_ _1"/>s pe<span class="_ _1"/>r sha<span class="_ _1"/>re of D<span class="_ _1"/>KK 1 (EU<span class="_ _1"/>R 0.<span class="_ _0"/>1<span class="_ _3"/>3)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Profit/loss for the year excl. non-contr<span class="_ _3"/>olling interests </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Diluted average number of outstanding shares</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ca<span class="_ _1"/>sh f<span class="_ _1"/>low p<span class="_ _1"/>er s<span class="_ _1"/>har<span class="_ _1"/>e of DK<span class="_ _1"/>K 1 (EUR 0.<span class="_ _3"/>1<span class="_ _0"/>3<span class="_ _1"/>)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from operating activities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Diluted average number of outstanding shares</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Di<span class="_ _1"/>vid<span class="_ _1"/>en<span class="_ _1"/>d pe<span class="_ _1"/>r sha<span class="_ _1"/>re of D<span class="_ _1"/>KK 1 (EU<span class="_ _1"/>R 0.<span class="_ _0"/>1<span class="_ _3"/>3)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Proposed dividend for the year </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Number of shares at the end of the year</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bo<span class="_ _1"/>ok va<span class="_ _1"/>lu<span class="_ _1"/>e pe<span class="_ _1"/>r sha<span class="_ _1"/>re of D<span class="_ _1"/>KK 1 (EU<span class="_ _1"/>R 0.<span class="_ _0"/>1<span class="_ _3"/>3)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Equity end of the year excl. non-controlling inter<span class="_ _3"/>ests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Number of shares at the end of the year</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROIC</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EBIT</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">x 10<span class="_ _2"/>0%</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Average invested capital including goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Re<span class="_ _1"/>turn o<span class="_ _1"/>n eq<span class="_ _1"/>ui<span class="_ _1"/>ty (<span class="_ _1"/>%)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Profit/loss for the year excl. non-contr<span class="_ _3"/>olling interests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">x 10<span class="_ _2"/>0%</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Average equity excl. non-contr<span class="_ _3"/>olling interests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Equ<span class="_ _1"/>it<span class="_ _1"/>y ra<span class="_ _1"/>tio (%)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Equity end of the year excl. non-controlling inter<span class="_ _3"/>ests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">x 10<span class="_ _2"/>0%</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>otal equity and liabilities at the end of the year</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Di<span class="_ _1"/>vid<span class="_ _1"/>en<span class="_ _1"/>d payou<span class="_ _1"/>t ra<span class="_ _1"/>tio (%)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Proposed dividend for the year</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">x 10<span class="_ _2"/>0%</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Profit/loss for the year excl. non-contr<span class="_ _3"/>olling interests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Leverage ratio</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net interest-bearing debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EBITDA</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial gearing</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net interest-bearing debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Equity end of the year</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Mark<span class="_ _3"/>et cap</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Number of outstanding shares x shar<span class="_ _3"/>e price</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Grow<span class="_ _2"/>th in lo<span class="_ _1"/>ca<span class="_ _1"/>l cu<span class="_ _1"/>rre<span class="_ _1"/>nc<span class="_ _1"/>y</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Growth rates excluding curr<span class="_ _3"/>ency impact, as both periods use the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">same exchange rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">F<span class="_ _1"/>TE- Ful<span class="_ _1"/>l-<span class="_ _1"/>tim<span class="_ _1"/>e equ<span class="_ _1"/>iv<span class="_ _1"/>ale<span class="_ _1"/>nt</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Full-time equivalent (FTE) repr<span class="_ _3"/>esents an employee’<span class="_ _ac"/>s contractual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">working hours as a percentage of a local full-time contract. FTE </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include permanent and temporary employees on local payroll, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including employees on sick leave or parental leave.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sus<span class="_ _1"/>tainabilit<span class="_ _1"/>y investmen<span class="_ _1"/>ts</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">This category comprises investments relating to impr<span class="_ _3"/>oving </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">workforce occupational health and safety as well as r<span class="_ _3"/>educing </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">environmental impacts in own operations, including those </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">within “climate change transition”. For more information about </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL<span class="_ _ac"/>’<span class="_ _ac"/>s climate change transition plan, see Section E1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Climate change.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">CO</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> in<span class="_ _1"/>ten<span class="_ _1"/>sit<span class="_ _1"/>y (S<span class="_ _1"/>cop<span class="_ _1"/>e 1<span class="_ _0"/>+2) per ton<span class="_ _1"/>ne s<span class="_ _1"/>to<span class="_ _1"/>ne woo<span class="_ _1"/>l</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined according to the Gr<span class="_ _3"/>eenhouse Gas Protocol. Scope 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">emissions are dir<span class="_ _3"/>ect emissions from the stone wool factories. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">It includes emissions from all combustion sour<span class="_ _3"/>ces and process </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">emissions. Scope 2 emissions are indir<span class="_ _3"/>ect emissions from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purchased electricity, heat or steam.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Energy eff<span class="_ _1"/>iciency in own<span class="_ _3"/> buildings</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Energy ef<span class="_ _3"/>ficiency improvement in own buildings calculated in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">metrics of kWh/m</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">/year<span class="_ _ac"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Water u<span class="_ _1"/>se i<span class="_ _1"/>nte<span class="_ _1"/>nsi<span class="_ _1"/>t<span class="_ _1"/>y fro<span class="_ _1"/>m sto<span class="_ _1"/>ne wo<span class="_ _1"/>ol pro<span class="_ _1"/>du<span class="_ _1"/>c<span class="_ _1"/>tio<span class="_ _1"/>n</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">All water (surface water<span class="_ _ac"/>, groundwater<span class="_ _ac"/>, public water<span class="_ _0"/>, and water from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other external sources) used in stone wool production and not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">returned to its original source.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Nu<span class="_ _1"/>mbe<span class="_ _1"/>r of c<span class="_ _1"/>oun<span class="_ _1"/>tri<span class="_ _1"/>es wi<span class="_ _1"/>th re<span class="_ _1"/>c<span class="_ _1"/>ycli<span class="_ _1"/>ng s<span class="_ _1"/>er<span class="_ _1"/>v<span class="_ _1"/>ice</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Number of countries where ROCKWOOL can take back used </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;">stone wool from the market thr<span class="_ _3"/>ough R<span class="_ _3"/>oc<span class="_ _0"/>kc<span class="_ _0"/>yc<span class="_ _0"/>le</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;">L<span class="_ _1"/>an<span class="_ _1"/>df<span class="_ _1"/>ill w<span class="_ _1"/>as<span class="_ _1"/>te fro<span class="_ _1"/>m ou<span class="_ _1"/>r sto<span class="_ _1"/>ne wo<span class="_ _1"/>ol pro<span class="_ _1"/>du<span class="_ _1"/>c<span class="_ _1"/>tio<span class="_ _1"/>n</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>otal quantity of production waste sent to landfill by the stone </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wool factories.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Los<span class="_ _1"/>t ti<span class="_ _1"/>me in<span class="_ _1"/>ci<span class="_ _1"/>de<span class="_ _1"/>nt fr<span class="_ _1"/>eq<span class="_ _1"/>ue<span class="_ _1"/>nc<span class="_ _1"/>y ra<span class="_ _1"/>te</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Number of recor<span class="_ _3"/>ded lost time injuries resulting in more than one </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">day of absence per million working hours for the year<span class="_ _ac"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ab<span class="_ _1"/>sol<span class="_ _1"/>ute g<span class="_ _1"/>re<span class="_ _1"/>en<span class="_ _1"/>hou<span class="_ _1"/>se g<span class="_ _1"/>as (GHG) e<span class="_ _1"/>mis<span class="_ _1"/>sio<span class="_ _1"/>ns (S<span class="_ _1"/>cop<span class="_ _1"/>e 1<span class="_ _0"/>+2)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined according to the Gr<span class="_ _3"/>eenhouse Gas Protocol. Scope 1+2 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">GHG emissions are the sum of CO</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"> emissions and other GHG </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">emissions measured as CO</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">-equivalents. Scope 2 emissions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">include indirect emissions fr<span class="_ _3"/>om electricity, heat and steam.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ab<span class="_ _1"/>sol<span class="_ _1"/>ute g<span class="_ _1"/>re<span class="_ _1"/>en<span class="_ _1"/>hou<span class="_ _1"/>se g<span class="_ _1"/>as (GHG) e<span class="_ _1"/>mis<span class="_ _1"/>sio<span class="_ _1"/>ns (S<span class="_ _1"/>cop<span class="_ _1"/>e 3)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined according to the Gr<span class="_ _3"/>eenhouse Gas Protocol and includes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other indirect emissions fr<span class="_ _3"/>om the Group’<span class="_ _67"/>s activities that result from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sources the Gr<span class="_ _3"/>oup does not own or control.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">R<span class="_ _2"/>AT<span class="_ _2"/>I<span class="_ _2"/>O<span class="_ _1"/>S</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The ratios have been calculated in accordance with cfa.dk/</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">keyratios/ issued by CF<span class="_ _0"/>A Society Denmark. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The ratios mentioned in the five-year summary are calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">described in the definitions above.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated statement of cash flows is compiled using the indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method on the basis of EBIT<span class="_ _ac"/>. The statement of cash flows shows flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from operating, investing and financing activities for the year<span class="_ _0"/>, as well as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash and cash equivalents at the beginning and at the end of the year<span class="_ _0"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from operating activities comprises operating profit befor<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial items adjusted for non-cash items and changes in working capital.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from investing activities comprise payments relating to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition and sale of companies, intangible and tangible assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other asset investments. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from financing activities comprise proceeds fr<span class="_ _3"/>om borrowings, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">repayment of lease liabilities and debt, payment of dividends, sale and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purchase of tr<span class="_ _3"/>easury shares, transactions with non-controlling interests </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and increases of the share capital.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash available includes cash less short-term bank debt.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated statement of cash flows is compiled using the indirect </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">method on the basis of EBIT<span class="_ _ac"/>. The statement of cash flows shows flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from operating, investing and financing activities for the year<span class="_ _0"/>, as well as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash and cash equivalents at the beginning and at the end of the year<span class="_ _0"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from operating activities comprises operating profit befor<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial items adjusted for non-cash items and changes in working capital.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from investing activities comprise payments relating to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition and sale of companies, intangible and tangible assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other asset investments. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash flow from financing activities comprise proceeds fr<span class="_ _3"/>om borrowings, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">repayment of lease liabilities and debt, payment of dividends, sale and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purchase of tr<span class="_ _3"/>easury shares, transactions with non-controlling interests </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and increases of the share capital.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash available includes cash less short-term bank debt.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4.3 Other cash flow notes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:105.521484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 262.441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Adjustments of non-cash operating items</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 20.3125px; width: 603.264px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 475.575px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 35.7109px; width: 603.434px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Provisions</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 474.229px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-10</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 52.1172px; width: 603.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 373.447px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 68.6953px; width: 603.48px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gain/loss on sale of</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> intangible and tangible asset</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 279.861px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-8</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 94.6562px; width: 603.234px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Adjustments of</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> non-</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cash operating</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> items</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 309.82px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-15</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in net working capital</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:120.40625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 603.264px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 475.575px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.5547px; width: 603.744px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> inventories</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 406.732px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> -32</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.5391px; width: 603.744px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> trade receivables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 379.159px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.5547px; width: 603.504px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> other receivables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 378.679px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-22</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-13</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 66.5547px; width: 603.217px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> trade payables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 390.364px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-21</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 83.5703px; width: 603.539px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> other payables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 395.783px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.531px; width: 514.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et wo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ki</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 360.557px; font-size: 10.5px; font-family: ff1; -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: 514.242px; top: 109.531px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-94</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 528.527px; top: 109.531px; width: 66.334px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 594.861px; top: 109.531px; width: 8.48438px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-7</span></span></span> 29000000 -162000000 182000000 3038000000 -2000000 3085000000 1000000 3086000000 0 0 118000000 -90000000 0 28000000 0 28000000 0 0 0 2000000 0 2000000 0 2000000 0 0 0 0 1000000 1000000 0 1000000 0 -40000000 0 0 0 -40000000 0 -40000000 0 0 0 1000000 0 1000000 0 1000000 0 -40000000 118000000 -89000000 1000000 -10000000 0 -10000000 1000000 0 0 -1000000 0 0 0 0 0 0 0 154000000 0 154000000 0 154000000 0 0 0 3000000 0 3000000 0 3000000 0 0 0 3000000 0 3000000 0 3000000 0 0 0 -2000000 0 -2000000 -1000000 -3000000 0 0 182000000 -4000000 0 178000000 0 178000000 28000000 -202000000 118000000 2798000000 -1000000 2741000000 0 2741000000 29000000 -171000000 125000000 2824000000 -3000000 2804000000 0 2804000000 0 0 182000000 368000000 0 550000000 0 550000000 0 0 0 -8000000 0 -8000000 0 -8000000 0 0 0 0 1000000 1000000 0 1000000 0 9000000 0 0 0 9000000 0 9000000 0 0 0 -3000000 -3000000 0 -3000000 0 9000000 182000000 363000000 1000000 555000000 0 555000000 0 0 0 149000000 0 149000000 0 149000000 0 0 0 3000000 0 3000000 0 3000000 0 0 0 3000000 0 3000000 0 3000000 0 0 0 -1000000 0 -1000000 1000000 0 0 0 125000000 -1000000 0 124000000 0 124000000 29000000 -162000000 182000000 3038000000 -2000000 3085000000 1000000 3086000000 <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Dividend is included as a liability at the time of adoption by the Annual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">General Meeting. Dividend that is expected to be paid for the year is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shown separately in the equity.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Dividend is included as a liability at the time of adoption by the Annual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">General Meeting. Dividend that is expected to be paid for the year is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shown separately in the equity.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sale and purchase of, as well as dividends on treasury shar<span class="_ _3"/>es are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised under r<span class="_ _3"/>etained ear<span class="_ _1"/>nings in the equity.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>reasury shares</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL A/S has a reserve of tr<span class="_ _3"/>easury shares recognised in retained </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earnings. The shares are bought back to meet obligations under the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _ac"/>s equity-based restricted share unit pr<span class="_ _3"/>ogramme and as part of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _ac"/>s share buy-back programme.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sale and purchase of, as well as dividends on treasury shar<span class="_ _3"/>es are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised under r<span class="_ _3"/>etained ear<span class="_ _1"/>nings in the equity.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.6 T<span class="_ _67"/>reasury shar<span class="_ _3"/>es</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>reasury shares</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:138.953125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 693.012px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 306.668px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 272.42px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 (restated)</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 296.984px; top: 23.3594px; width: 94.8516px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average pur</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">chase/</span><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: ff1; -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: 615.031px; top: 23.3594px; width: 94.7461px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average pur</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">chase/ </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 34.7852px; width: 282.551px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">B shares</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 151.406px; font-size: 11.25px; font-family: ff1; -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: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of shar</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.781px; top: 35.3594px; width: 263.484px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">sales price</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 19.8047px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">% of share capital</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 18.9785px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Number of shares</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 656.266px; top: 35.3594px; width: 157.354px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">sales price</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 19.8047px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">% of share capital</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 51.3672px; width: 814.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ha</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1/</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.361px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4,807,830</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.685px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">502,880</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.24px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 68.0859px; width: 813.914px; white-space: pre; word-spacing: -0.1575px; letter-spacing: 0.1575px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Purchas</span><span style="word-spacing: -0.1575px; letter-spacing: 0.1575px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: -0.1575px; letter-spacing: 0.1575px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4,520,800</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">34.9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.4415px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4,369,000</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">34.7</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.4415px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.0</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 86.0234px; width: 814.359px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cancellation of shares</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 129.34px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4,601,300</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.24px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 102.569px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.473px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 104.258px; width: 814.166px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Set</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tlement</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sale</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 168.158px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">171,974</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.569px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.998px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">64,050</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.137px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.4415px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">0.0</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 128.078px; width: 813.926px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Tre</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 3</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 121.078px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4,555,356</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 197.092px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4,807,830</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.641px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.2</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _3"/>re<span class="_ _1"/>as<span class="_ _1"/>ur<span class="_ _1"/>y s<span class="_ _1"/>ha<span class="_ _1"/>re<span class="_ _1"/>s are u<span class="_ _1"/>s<span class="_ _1"/>ed to h<span class="_ _1"/>ed<span class="_ _1"/>g<span class="_ _1"/>e th<span class="_ _1"/>e Gro<span class="_ _1"/>up’s res<span class="_ _1"/>t<span class="_ _1"/>ri<span class="_ _1"/>c<span class="_ _1"/>te<span class="_ _1"/>d sh<span class="_ _1"/>ar<span class="_ _1"/>e uni<span class="_ _1"/>t pr<span class="_ _1"/>og<span class="_ _1"/>r<span class="_ _1"/>amm<span class="_ _1"/>e an<span class="_ _1"/>d as p<span class="_ _1"/>ar<span class="_ _1"/>t o<span class="_ _1"/>f th<span class="_ _1"/>e Gr<span class="_ _1"/>ou<span class="_ _1"/>p<span class="_ _3"/>'s sh<span class="_ _1"/>ar<span class="_ _1"/>e bu<span class="_ _1"/>y-<span class="_ _1"/>ba<span class="_ _1"/>ck p<span class="_ _1"/>ro<span class="_ _1"/>gr<span class="_ _1"/>a<span class="_ _1"/>mme. Treas<span class="_ _1"/>ur<span class="_ _2"/>y sh<span class="_ _1"/>are<span class="_ _1"/>s ar<span class="_ _1"/>e pu<span class="_ _1"/>rc<span class="_ _1"/>has<span class="_ _1"/>e<span class="_ _1"/>d </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ba<span class="_ _1"/>se<span class="_ _1"/>d on a<span class="_ _1"/>ut<span class="_ _1"/>ho<span class="_ _1"/>ri<span class="_ _1"/>sa<span class="_ _1"/>ti<span class="_ _1"/>on f<span class="_ _1"/>ro<span class="_ _1"/>m th<span class="_ _1"/>e Ge<span class="_ _1"/>ne<span class="_ _1"/>ra<span class="_ _1"/>l A<span class="_ _1"/>ss<span class="_ _1"/>e<span class="_ _1"/>mbl<span class="_ _1"/>y.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>reasury shares</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL A/S has a reserve of tr<span class="_ _3"/>easury shares recognised in retained </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earnings. The shares are bought back to meet obligations under the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _ac"/>s equity-based restricted share unit pr<span class="_ _3"/>ogramme and as part of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _ac"/>s share buy-back programme.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The reserve for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">foreign curr<span class="_ _3"/>ency translation consists of exchange rate differences that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">occur when translating the subsidiaries’ financial statements from their </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">functional currency into EUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hedging adjustments comprise changes in the fair value of hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transactions that qualify for recognition as cash flow hedges and where </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the hedged transaction has not yet been realised.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.2 Material accounting policy information</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Report for ROCKWOOL A/S has been prepar<span class="_ _3"/>ed in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with IFRS Accounting Standar<span class="_ _3"/>ds as adopted by the EU </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and further requir<span class="_ _3"/>ements in the Danish Financial Statements Act. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial year for the Group is 1 January – 31 December 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group Accounts - principles of consolidation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated financial statements have been prepar<span class="_ _3"/>ed as a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidation of the financial statement of the parent company, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL A/S, and the subsidiaries’ financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">according to the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s accounting policies, and with elimination </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of dividends, internal revenue and expenditure items, internal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profits as well as inter<span class="_ _3"/>company balances and shareholdings.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Subsidiaries are all the entities over which the Gr<span class="_ _3"/>oup has control. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group contr<span class="_ _3"/>ols an entity when the Group has effective power </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">over the entity and has the right to variable returns from the entity. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Subsidiaries are fully consolidated fr<span class="_ _3"/>om the date on which control is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transferred to the Gr<span class="_ _3"/>oup. Subsidiaries are deconsolidated from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date that control ceases.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ranslation of foreign currency</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Report has been presented in eur<span class="_ _3"/>o (EUR) which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Group’<span class="_ _67"/>s presentation currency. Each company in the Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">determines its own functional currency.</span></span> The functional currency of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the parent company is Danish kr<span class="_ _3"/>oner (DKK), however the parent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements are pr<span class="_ _3"/>esented in Euro (EUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ransactions in foreign currency ar<span class="_ _3"/>e translated using the exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate at the transaction date or a hedged rate. Monetary items in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">foreign curr<span class="_ _3"/>ency are translated using the exchange rates at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date. Accounts of for<span class="_ _3"/>eign subsidiaries are translated using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exchange rates at the reporting date for items in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position, and the periodic average exchange rates for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">items of the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ransactions in Russian roubles have, since March 2022, been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translated using exchange rates published by the Russian Central </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bank. T<span class="_ _ac"/>ransactions in roubles are translated using the exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates at the reporting date for items in the statement of financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, and the periodic average exchange rates for items of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">All exchange rate adjustments are r<span class="_ _3"/>ecognised in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss under financial items, apart fr<span class="_ _3"/>om the exchange rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">differ<span class="_ _3"/>ences arising on:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of equity in subsidiaries at the beginning of the </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial year using the exchange rates at the reporting date;</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of the profit for the year fr<span class="_ _3"/>om average exchange rates </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to exchange rates at the reporting date; </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of the forward hedging of capital investments in </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiaries;</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of capital investments in associates and other </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">companies; and,</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Pr<span class="_ _3"/>ofit and loss on effective derivative financial instruments used to </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge expected future transactions.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These value adjustments are r<span class="_ _3"/>ecognised directly in other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Report for ROCKWOOL A/S has been prepar<span class="_ _3"/>ed in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordance with IFRS Accounting Standar<span class="_ _3"/>ds as adopted by the EU </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and further requir<span class="_ _3"/>ements in the Danish Financial Statements Act. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The financial year for the Group is 1 January – 31 December 2025.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group Accounts - principles of consolidation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The consolidated financial statements have been prepar<span class="_ _3"/>ed as a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidation of the financial statement of the parent company, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL A/S, and the subsidiaries’ financial statements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">according to the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s accounting policies, and with elimination </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of dividends, internal revenue and expenditure items, internal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profits as well as inter<span class="_ _3"/>company balances and shareholdings.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Subsidiaries are all the entities over which the Gr<span class="_ _3"/>oup has control. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group contr<span class="_ _3"/>ols an entity when the Group has effective power </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">over the entity and has the right to variable returns from the entity. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Subsidiaries are fully consolidated fr<span class="_ _3"/>om the date on which control is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transferred to the Gr<span class="_ _3"/>oup. Subsidiaries are deconsolidated from the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date that control ceases.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ranslation of foreign currency</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Report has been presented in eur<span class="_ _3"/>o (EUR) which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Group’<span class="_ _67"/>s presentation currency. Each company in the Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determines its own functional currency.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ranslation of foreign currency</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual Report has been presented in eur<span class="_ _3"/>o (EUR) which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Group’<span class="_ _67"/>s presentation currency. Each company in the Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">determines its own functional currency.</span></span> The functional currency of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the parent company is Danish kr<span class="_ _3"/>oner (DKK), however the parent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements are pr<span class="_ _3"/>esented in Euro (EUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ransactions in foreign currency ar<span class="_ _3"/>e translated using the exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate at the transaction date or a hedged rate. Monetary items in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">foreign curr<span class="_ _3"/>ency are translated using the exchange rates at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting date. Accounts of for<span class="_ _3"/>eign subsidiaries are translated using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exchange rates at the reporting date for items in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position, and the periodic average exchange rates for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">items of the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ransactions in Russian roubles have, since March 2022, been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translated using exchange rates published by the Russian Central </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bank. T<span class="_ _ac"/>ransactions in roubles are translated using the exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates at the reporting date for items in the statement of financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, and the periodic average exchange rates for items of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">All exchange rate adjustments are r<span class="_ _3"/>ecognised in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss under financial items, apart fr<span class="_ _3"/>om the exchange rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">differ<span class="_ _3"/>ences arising on:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of equity in subsidiaries at the beginning of the </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial year using the exchange rates at the reporting date;</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of the profit for the year fr<span class="_ _3"/>om average exchange rates </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to exchange rates at the reporting date; </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of the forward hedging of capital investments in </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiaries;</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Conversion of capital investments in associates and other </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">companies; and,</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c"> Pr<span class="_ _3"/>ofit and loss on effective derivative financial instruments used to </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge expected future transactions.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These value adjustments are r<span class="_ _3"/>ecognised directly in other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.3 New and amended standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Implementation of new standards, amendments and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Effective fr<span class="_ _3"/>om 1 January 2025, the Group has implemented the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">following amendments to standards (IAS and IFRS):</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c">Amendment to IAS 21.</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The adoption of the amended standard has not impacted our </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated financial statements for 2025 and is not anticipated to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have a significant impact on future periods.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.3 New and amended standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Implementation of new standards, amendments and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Effective fr<span class="_ _3"/>om 1 January 2025, the Group has implemented the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">following amendments to standards (IAS and IFRS):</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3 ls1c">Amendment to IAS 21.</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The adoption of the amended standard has not impacted our </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated financial statements for 2025 and is not anticipated to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have a significant impact on future periods.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">New standards, amendments and interpr<span class="_ _3"/>etations adopted but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not yet effective</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IASB has issued new or amended accounting standards and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interpretations that have not yet become ef<span class="_ _3"/>fective and have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consequently not been implemented in the consolidated financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements for 2025. The Group expects to adopt the accounting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">standards and interpr<span class="_ _3"/>etations when they become mandatory. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In April 2024, the IASB issued IFRS 18 Presentation and Disclosur<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Financial Statements. The EU has not yet adopted the standard. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The standard is ef<span class="_ _3"/>fective for annual reporting periods beginning on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or after 1 January 2027 and will be applied retr<span class="_ _3"/>ospectively.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">IFRS 18 will change the Group’<span class="_ _67"/>s statement of profit or loss by </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">introducing new r<span class="_ _3"/>equired categories (operating, investing, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financing) and additional requir<span class="_ _3"/>ed subtotals such as “operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit”. Furthermore, the standar<span class="_ _3"/>d introduces new disclosure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">requir<span class="_ _3"/>ements for management defined performance measures and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enhanced disaggregation of income and expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Based on a preliminary assessment, the Gr<span class="_ _3"/>oup expects IFRS 18 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to mainly affect the pr<span class="_ _3"/>esentation and disclosure of the Group’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performance measures and line items. The Group does not expect <span class="ls0"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a significant impact on total comprehensive income, equity, or <span class="ls0"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash flows.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">None of the other new or amended standards or interpr<span class="_ _3"/>etations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">issued but not yet effective ar<span class="_ _3"/>e expected to have a significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impact on the Group’<span class="_ _67"/>s consolidated financial statements.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.5 Loss from value adjustment of the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 13 January 2026, the Russian government published a<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">presidential decr<span class="_ _3"/>ee, in which management of ROCKWOOL<span class="_ _ac"/>’<span class="_ _ac"/>s Russian<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subsidiaries LLC ROCKWOOL and LLC ROCKWOOL-VOLGA was </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">put under external administration. LLC ROCKWOOL owns 100<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">percent of the two Russian subsidiaries LLC ROCKWOOL-NORTH </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and LLC ROCKWOOL-Ural. According to the pr<span class="_ _3"/>esidential decree, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL retains title to the shar<span class="_ _3"/>es in the subsidiaries, but </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">otherwise no longer has any control or influence over management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the four subsidiaries in Russia (the Russian business).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The decree was signed on 31 December 2025 and published on 13 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">January 2026. The decree enters into for<span class="_ _3"/>ce on the day of publication </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">according to Russian r<span class="_ _3"/>egulation. Therefore, it is Management’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assessment that ROCKWOOL has lost control of the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business on 13 January 2026. The Russian business will therefor<span class="_ _3"/>e be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">deconsolidated as from 13 January 2026. This is also disclosed as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an event after the balance sheet date in note 6.5. Management has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assessed that the Russian business from 13 January 2026 qualifies as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a discontinued operation and will be presented as such in Q1 2026 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including change of comparatives according to IFRS 5.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Upon deconsolidation in 2026, the cumulative currency translation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reserve in equity r<span class="_ _3"/>elated to the Russian business will be reclassified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from equity to the Statement of pr<span class="_ _3"/>ofit and loss and recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in “Loss from discontinued operations”. The cumulated curr<span class="_ _3"/>ency </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translation reserve as at 31 December 2025 r<span class="_ _3"/>epresents a loss of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">170<span class="ls0 ws0"> </span>MEUR.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to the signing of the presidential decr<span class="_ _3"/>ee Management has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reassessed the value of the Russian net assets on 31 December </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2025, and an impairment of the net assets in the Russian business<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">was made as per 31 December 2025. Based on the current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">valuation practice of Western entities in Russia and the complexity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of complying with all sanctions in a sales situation, the value of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">net assets was impaired in full, which r<span class="_ _3"/>esulted in a loss in 2025 of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">475<span class="ls0 ws0"> </span>MEUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In addition, Management has assessed that an existing loan to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL A/S from the Russian subsidiary LLC ROCKWOOL will </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not result in cash outflow as it is assessed that curr<span class="_ _3"/>ent EU sanctions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">prohibit the r<span class="_ _3"/>epayment of the loan, as long as control is lost over the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Russian business. The loan liability of 83 MEUR has been offset in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the value adjustment of the Russian business.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The total loss from value adjustment of the Russian business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">therefor<span class="_ _3"/>e amounted to 392 MEUR.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial performance</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue from the Russian business in 2025 amounted to 261 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR with an EBIT of 78 MEUR before value adjustment. The loss </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">from value adjustment of the Russian business includes the full </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment of the net asset in the Russian business of 475 MEUR<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">offset by the loan liability of 83 MEUR.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Major assets and liabilities in the Russian business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:325.015625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 391.954px; white-space: pre; word-spacing: -0.118028px; letter-spacing: 0.118028px; margin-left: 0px; font-size: 9.07908px; font-family: ff3; -webkit-text-stroke: 0.136186px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.118028px; letter-spacing: 0.118028px; display: inline-block; margin-left: 0px; width: 340.684px; font-size: 9.07908px; font-family: ff3; -webkit-text-stroke: 0.136186px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.136186px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 16.3359px; width: 391.963px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Good</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">will</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 342.445px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 34.8984px; width: 149.074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ant a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">qu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ip</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 374.953px; top: 34.8984px; width: 17.6735px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">112</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 53.4766px; width: 164.818px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cei</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e fr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OCK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/S</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.062px; top: 53.4766px; width: 11.7804px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">83</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 72.0391px; width: 121.225px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other non-</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cur</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rent assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 386.266px; top: 72.0391px; width: 5.89307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 91.3281px; width: 391.951px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current assets</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 275.016px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">209</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.164px; width: 391.945px; white-space: pre; word-spacing: -0.0525px; letter-spacing: 0.0525px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Inve</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ntor</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 334.641px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">32</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 127.727px; width: 57.4395px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.062px; top: 127.742px; width: 11.7804px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 146.305px; width: 69.7559px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x receivable</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 386.266px; top: 146.305px; width: 5.89307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">8</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 164.883px; width: 23.9531px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 374.953px; top: 164.883px; width: 17.6735px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">243</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 184.172px; width: 391.957px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current assets</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 298.576px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">299</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 202.734px; width: 391.904px; white-space: pre; word-spacing: -0.252px; letter-spacing: 0.252px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al assets</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 312.369px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">508</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 220.57px; width: 74.0273px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade payables</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.062px; top: 220.586px; width: 11.7804px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 239.148px; width: 74.6367px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other liabilities</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.062px; top: 239.148px; width: 11.7804px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">23</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 258.438px; width: 75.75px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ota</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l liabilities</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 378.703px; top: 258.438px; width: 12.5428px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">33</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 277.016px; width: 175.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ne</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s in t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Ru</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ne</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 372.438px; top: 277.016px; width: 18.8142px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">475</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 294.852px; width: 243.615px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ad</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt o</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f th</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e loa</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n lia</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bi</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lit</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y t</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o LLC R</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OCK</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 376.812px; top: 294.852px; width: 15.3091px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-83</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 314.141px; width: 264.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dj</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 372.438px; top: 314.141px; width: 18.8142px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">392</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Control over the Russian business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During 2025, ROCKWOOL A/S has been the direct or indirect sole owner of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">four Russian legal entities and was concluded to have control over the entities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">due to power over the entities, exposure and rights to variable returns and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ability to use the power to affect those returns.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Throughout 2025, it has been r<span class="_ _3"/>egularly assessed and concluded that the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for having control over the Russian entities were fulfilled.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Despite having operationally separated the Russian business from the rest of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group, it was concluded that ROCKWOOL A/S had control due to exer<span class="_ _3"/>cising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">power over the entities by the right to appoint or dismiss local management and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to impact management decisions, even if ROCKWOOL A/S did not exercise that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">right. Local management still operated within a framework set by ROCKWOOL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A/S. In addition, ROCKWOOL A/S has received dividend from the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business throughout the period after the Russian invasion of Ukraine. No country </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has adopted legislation that prevented ROCKWOOL A/S from af<span class="_ _3"/>fecting the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">returns from the investment or to repatriate dividend, although the pr<span class="_ _3"/>ocess was </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significantly delayed due to the Russian application process.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Russian government has not, until 13 January 2026, made any attempts to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">take over ROCKWOOL<span class="_ _0"/>’<span class="_ _0"/>s business in Russia or to influence local management.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The assessment of control over the Russian business is subject to critical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">judgement.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As per 13 January 2026, ROCKWOOL A/S lost control over the Russian business.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">V<span class="_ _0"/>alue adjustment of the Russian business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to the signing of the presidential decree on 31 December 2025 that led </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the loss of control over the Russian business in January 2026, Management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has concluded that the net assets in the four Russian legal entities should be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fully impaired on 31 December 2025. There is a critical estimate involved as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to determining the value of the Russian business under the circumstances. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The overall political situation in Russia is uncertain with significant impact of a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">possible return of control or even a for<span class="_ _3"/>ced divestment process factoring in all the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EU sanctions and Russian regulatory processes and appr<span class="_ _3"/>ovals and considering </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the fact that ROCKWOOL A/S no longer is able to manage, dispose of or control </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Russian business. Strategic decisions are effectively fr<span class="_ _3"/>ozen or redirected. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">prospects of getting any future economic benefits out of the Russian business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or any compensation is assessed to be very limited under the current situation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Therefor<span class="_ _3"/>e, the net assets were impaired in full.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The loan from LLC ROCKWOOL to ROCKWOOL A/S of 83 MEUR has been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">offset in the value adjustment of the Russian business as of 31 December 2025. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to current EU sanctions, which prohibit indir<span class="_ _3"/>ect financing of sanctioned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">products, Management assessed that repayment of the loan and hence any cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outflow would not occur and the loan is therefore of<span class="_ _3"/>fset in the value adjustment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the Russian business. There is a critical estimate involved in the valuation of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">this liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment test of goodwill is based on current and future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">results for the CGUs to which goodwill is allocated. Most of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill in the Group is r<span class="_ _3"/>elated to the acquisition of Wetherby </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">W<span class="_ _3"/>all Systems Ltd. and ROCKWOOL VIETNAM LIMITED </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">COMP<span class="_ _0"/>ANY in 2024, Flumroc in 2017, Chicago Metallic in 2013 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and CSR in 2010, and these businesses are performing according </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to plan.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Please refer to note 3.5 for further details.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment have been tested for impairment. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For 2025, this led to impairment of 16 MEUR (2024: 7 MEUR), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relating to full impairment of assets due to the closure of factories </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Norway and China.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right-of-use assets are tested for impairment whenever there is an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">indication that the assets may be impaired. In <span class="_ _1"/>202<span class="_ _1"/>5,<span class="_ _1"/> a<span class="_ _1"/>n i<span class="_ _1"/>mp<span class="_ _1"/>air<span class="_ _1"/>m<span class="_ _1"/>en<span class="_ _1"/>t </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of 2 MEUR related to the value adjustments of the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business was recognised. Further<span class="_ _ac"/>, a reversal of impairment of 2 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR of the 2023 impairment (6 MEUR) related to Rockfon in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Systems segment was recognised in the year due to settlement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related lease contracts.<span class="fc5"> </span><span class="ls1e">Ther<span class="_ _3"/>e were no impairments in 2024. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.4 Amortisation, depreciation and impairment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _1a"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:113.130859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 275.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amortisation, depreciation and impairment</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 20.1094px; width: 396.99px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 288.598px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 31.9453px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 35.5078px; width: 397.008px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and impai</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ment o</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f intangible assets </span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 88.6522px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.9297px; width: 254.543px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation and</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> impairment of propert</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, plant</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> and </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 61.9297px; width: 397.395px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 273.012px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">239</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">212</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 76.4141px; width: 397.049px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation and</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> impairment of right</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-of-</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">use assets</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">30</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">29</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 102.266px; width: 397.16px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.063px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amortisat</span><span style="word-spacing: -0.273px; letter-spacing: 0.063px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ion, d</span><span style="word-spacing: -0.273px; letter-spacing: 0.063px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">epreciation and impairment</span><span style="word-spacing: -0.273px; letter-spacing: 0.063px; display: inline-block; margin-left: 0px; width: 108.703px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">294</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">263</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Please refer to notes 3.1, 3.2 and 3.3 for further details r<span class="_ _3"/>egarding </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.5 Impairment tests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management has performed the yearly impair<span class="_ _1"/>ment test of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carrying amount of goodwill and other non-current intangible </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets. In addition, impairment test of property, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment has also been made, where indication of r<span class="_ _3"/>eduction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of value was found. In the impairment test, the carrying amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the assets is compared to the discounted value of the futur<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash flows. The assessment of future cash flows is typically based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on five-year management reviewed budgets and business plans, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">where the last year is used as a normalised terminal year<span class="_ _0"/>. Revenue, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">raw material prices, discount rate and future gr<span class="_ _3"/>owth assumptions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">constitute the most material parameters in the calculation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The average growth rate in the terminal period is set to two </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">percent. The average gr<span class="_ _3"/>owth rate in the budget period is estimated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to be between 3-9 percent depending on the businesses. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The high gr<span class="_ _3"/>owth rates are used in countries wher<span class="_ _3"/>e we historically </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have seen steep increases. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gross mar<span class="_ _3"/>gins are based on average values the last three years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and adjusted over the budget period for efficiency impr<span class="_ _3"/>ovements </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and expected raw material inflation based on past actual price </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">movements and future market conditions. Futur<span class="_ _3"/>e investment is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">derived from the historic investment level to secur<span class="_ _3"/>e a smooth </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operation of the factories and the capacity utilisation is based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on the current situation including investment plans. The post-tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discount rate is based on the specific circumstances of the Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the operating segments and is derived from the weighted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">average cost of capital (WACC).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2025<span class="ff2"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment tests for 2025 resulted in impairment of goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to China following the closur<span class="_ _3"/>e of a factory in Y<span class="_ _0"/>angzhou. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The market situation in China remains dif<span class="_ _3"/>ficult primarily due </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to excess capacity causing fierce competition also impacting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">surrounding countries. The changed market conditions r<span class="_ _3"/>equire </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a more centralised perspective on commer<span class="_ _3"/>cial activities, inter<span class="_ _1"/>nal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">procur<span class="_ _3"/>ement, supply chain planning, and export opportunities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the region. As a consequence, Asia is now operating as one </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash generating unit optimising sales and profit acr<span class="_ _3"/>oss countries </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the region. The Vietnamese company ROCKWOOL VIETNAM </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">LIMITED COMP<span class="_ _0"/>ANY (name changed from ROCK WOOL KHAI </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">HOAN) acquired in October 2024 has been included under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Asia whereas the UK company W<span class="_ _3"/>etherby Wall Systems Ltd. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">also acquired in October 2024 is part of the W<span class="_ _0"/>all Systems CGU. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">All cash generating units are showing a solid headr<span class="_ _3"/>oom to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carrying amount.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024<span class="ff2"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment tests for 2024 have not shown a need for<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment or reversals of impairment recognised previous years. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">All cash generating units are showing a solid headr<span class="_ _3"/>oom to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carrying amount. Due to difficult market conditions, sales in China </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">remained stagnant. Still, the r<span class="_ _3"/>esult in the Chinese Insulation business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">was close to what was expected. The Chinese Insulation business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">continues to be followed closely to monitor that the expected future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outcome of the investment in Fogang in 2022 is realised.</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;">As part of the preparation of impairment tests, sensitivity analyses </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are pr<span class="_ _3"/>epared on the basis of relevant risk factors and scenarios </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that management can determine within reasonable reliability. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Sensitivity analyses are pr<span class="_ _3"/>epared by altering the estimates with a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">range of probable outcomes. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2025<span class="ff2"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The sensitivities have been assessed as follows, all other things </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">being equal; an increase in the discount rate of one per<span class="_ _3"/>cent, a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">decrease in the gr<span class="_ _3"/>owth rate of one percent p.a. and an increase of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">input costs of one percent p.a. None of the scenarios r<span class="_ _3"/>esulted in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identification of impairment. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">We consider the chosen scenarios as the most r<span class="_ _3"/>ealistic, which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">why none of the impairment tests have given rise to adjustment of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024<span class="ff2"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The sensitivities have been assessed as follows, all other things </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">being equal; an increase in the discount rate of one per<span class="_ _3"/>cent, a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">decrease in the gr<span class="_ _3"/>owth rate of one percent p.a. and an increase of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">input costs of one percent p.a. None of the scenarios r<span class="_ _3"/>esulted in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identification of impairment. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">We consider the chosen scenarios as the most r<span class="_ _3"/>ealistic, which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">why none of the impairment tests have given rise to adjustment of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the value.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment test of goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:168.234375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 282.668px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 229.406px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 294.766px; top: 15.6562px; width: 42.3691px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 299.969px; top: 27.6562px; width: 36.9316px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 167.312px; top: 39.6406px; width: 42.8203px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carrying</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 304.766px; top: 39.6562px; width: 32.3086px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">rate in</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 168.734px; top: 51.6406px; width: 40.8633px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amount,</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 230.359px; top: 51.6406px; width: 43.5879px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Discount</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 282.484px; top: 51.6562px; width: 54.5801px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">the budget</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 0px; top: 63.6406px; width: 28.6348px; white-space: pre; word-spacing: -0.1575px; letter-spacing: 0.1575px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CGUs</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 164.438px; top: 63.6406px; width: 41.1738px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goodwill</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 250.859px; top: 63.6406px; width: 18.5332px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">rate</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 303.5px; top: 63.6562px; width: 97.4824px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">period</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 11.0391px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Headroom</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.2266px; width: 397.055px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Rock</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fo</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n (CMC)</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 122.127px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">57</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">9.3%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Large</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.4141px; width: 136.266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sia (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CS</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">R and R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OC</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">K</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 196.031px; top: 98.4141px; width: 202.26px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">8.5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">9%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.7969px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Large</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 104.414px; width: 50.9062px; white-space: pre; word-spacing: -0.252px; letter-spacing: 0.252px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">VIETNAM)</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 119.023px; width: 397.078px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Flumro</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 155.602px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">7.3%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Large</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 136.039px; width: 397.072px; white-space: pre; word-spacing: 0.021px; letter-spacing: -0.021px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wall Sy</span><span style="word-spacing: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ms</span><span style="word-spacing: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; width: 132.223px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">9.8%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Large</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 157.359px; width: 205.834px; white-space: pre; word-spacing: 0.483px; letter-spacing: -0.483px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">To</span><span style="word-spacing: 0.483px; letter-spacing: -0.483px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.483px; letter-spacing: -0.483px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.483px; letter-spacing: -0.483px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.483px; letter-spacing: -0.483px; display: inline-block; margin-left: 0px; width: 163.758px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">114</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment test of goodwill</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:207.46875px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 284.865px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 231.603px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 292.328px; top: 16.0469px; width: 44.5781px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 298.828px; top: 28.0469px; width: 38.8242px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 164.312px; top: 40.0469px; width: 44.8594px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 302.359px; top: 40.0469px; width: 34.3477px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">rate in </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 166.172px; top: 52.0469px; width: 43.1836px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amount, </span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 227.219px; top: 52.0469px; width: 45.627px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Discount </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 278.781px; top: 52.0469px; width: 57.5625px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">the budget </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 64.0469px; width: 28.6348px; white-space: pre; word-spacing: -0.1575px; letter-spacing: 0.1575px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CGUs</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 161.859px; top: 64.0469px; width: 43.6934px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goodwill</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 249.719px; top: 64.0469px; width: 19.793px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">rate</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 302.359px; top: 64.0469px; width: 98.918px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 0px; width: 9.03518px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Headroom </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.6172px; width: 83.9062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Met</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lic </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 194.891px; top: 86.6328px; width: 202.26px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">64</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">8.8%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.7969px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Large</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.6172px; width: 107.566px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Corpor</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ation (Rockfon)</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 107.227px; width: 397.225px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CSR including KEWO</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 91.998px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">8.8%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">7%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.7969px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Large</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 124.242px; width: 397.078px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Flumro</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 155.602px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">7.5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Large</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 141.242px; width: 389.854px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L VIETNA</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">M</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 80.6366px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 13.9219px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquired in October 2024, see note 5.8</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 158.258px; width: 390.158px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wetherby W</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">all Systems</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 81.1991px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 14.3203px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquired in October 2024, see note 5.8</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 175.273px; width: 200.092px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 171.685px; font-size: 10.5px; font-family: ff2; -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: 200.092px; top: 175.273px; width: 196.939px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Large</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 196.594px; width: 205.834px; white-space: pre; word-spacing: 0.483px; letter-spacing: -0.483px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">To</span><span style="word-spacing: 0.483px; letter-spacing: -0.483px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.483px; letter-spacing: -0.483px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.483px; letter-spacing: -0.483px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.483px; letter-spacing: -0.483px; display: inline-block; margin-left: 0px; width: 163.758px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">136</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment tests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When there is an indication of a reduction in the pr<span class="_ _3"/>ofitability of an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset, an impairment test is perfor<span class="_ _1"/>med for the assets in question and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairments are made, if necessary. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For goodwill, annual impairment tests are made. The recoverable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts of the assets and cash-generating units (CGUs) have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determined based on value-in-use calculations. When testing for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment, the value is written down to the estimated recoverable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, if lower than the carrying amount. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carrying amount of other non-current assets is tested for impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _0"/>. The carrying amount of property, plant and equipment is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment when there is indication of change in the structural </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profitability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment tests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When preparing impairment tests, estimates are used to calculate the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future value. Significant estimates are made when assessing long-term </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth rates and profitability. In addition, an assessment is made of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reasonable discount rate. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the growth rate in the budget period or discount rate may </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">result in significantly differ<span class="_ _3"/>ent values. The assessments are made based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on budgets, business plans and projections for five years and take into </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">account past experience and repr<span class="_ _3"/>esent Management’<span class="_ _0"/>s best estimate of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future developments. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Key parameters are gr<span class="_ _3"/>owth in sales, margins, discount rate and future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth expectations.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Control over the Russian business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">During 2025, ROCKWOOL A/S has been the direct or indirect sole owner of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">four Russian legal entities and was concluded to have control over the entities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">due to power over the entities, exposure and rights to variable returns and the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ability to use the power to affect those returns.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Throughout 2025, it has been r<span class="_ _3"/>egularly assessed and concluded that the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for having control over the Russian entities were fulfilled.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Despite having operationally separated the Russian business from the rest of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group, it was concluded that ROCKWOOL A/S had control due to exer<span class="_ _3"/>cising </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">power over the entities by the right to appoint or dismiss local management and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to impact management decisions, even if ROCKWOOL A/S did not exercise that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">right. Local management still operated within a framework set by ROCKWOOL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A/S. In addition, ROCKWOOL A/S has received dividend from the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business throughout the period after the Russian invasion of Ukraine. No country </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has adopted legislation that prevented ROCKWOOL A/S from af<span class="_ _3"/>fecting the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">returns from the investment or to repatriate dividend, although the pr<span class="_ _3"/>ocess was </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significantly delayed due to the Russian application process.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Russian government has not, until 13 January 2026, made any attempts to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">take over ROCKWOOL<span class="_ _0"/>’<span class="_ _0"/>s business in Russia or to influence local management.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The assessment of control over the Russian business is subject to critical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">judgement.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As per 13 January 2026, ROCKWOOL A/S lost control over the Russian business.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">V<span class="_ _0"/>alue adjustment of the Russian business</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to the signing of the presidential decree on 31 December 2025 that led </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the loss of control over the Russian business in January 2026, Management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">has concluded that the net assets in the four Russian legal entities should be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fully impaired on 31 December 2025. There is a critical estimate involved as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to determining the value of the Russian business under the circumstances. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The overall political situation in Russia is uncertain with significant impact of a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">possible return of control or even a for<span class="_ _3"/>ced divestment process factoring in all the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">EU sanctions and Russian regulatory processes and appr<span class="_ _3"/>ovals and considering </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the fact that ROCKWOOL A/S no longer is able to manage, dispose of or control </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Russian business. Strategic decisions are effectively fr<span class="_ _3"/>ozen or redirected. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">prospects of getting any future economic benefits out of the Russian business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or any compensation is assessed to be very limited under the current situation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Therefor<span class="_ _3"/>e, the net assets were impaired in full.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The loan from LLC ROCKWOOL to ROCKWOOL A/S of 83 MEUR has been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">offset in the value adjustment of the Russian business as of 31 December 2025. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to current EU sanctions, which prohibit indir<span class="_ _3"/>ect financing of sanctioned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">products, Management assessed that repayment of the loan and hence any cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outflow would not occur and the loan is therefore of<span class="_ _3"/>fset in the value adjustment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the Russian business. There is a critical estimate involved in the valuation of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">this liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill and intangible assets under construction are tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">annually and whenever there is an indication of impairment. Other intangible assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are tested for impairment when there are indications that their carrying amount may </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not be recoverable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher of fair value less costs of disposal and value in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">use, determined using discounted future cash flows where applicable. If the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount exceeds the recoverable amount, the asset (or CGU) is written down to its </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected useful lives of property, plant and equipment are based on past </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">experience and expectations of future use. The estimated useful lives of plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">machinery are subject to gr<span class="_ _3"/>eater uncertainty due to varying utilisation levels and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significant maintenance requir<span class="_ _3"/>ements. Useful lives and residual values are reassessed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">annually and adjusted where necessary.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When there is an indication that an asset may be impaired, an impairment test is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed for the relevant assets, and impairments are recognised where necessary.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher of value in use and fair value less costs of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">disposal. Recoverable amounts are determined using value in use calculations and, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">where r<span class="_ _3"/>elevant, fair value less costs of disposal. These calculations are based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">budgets and business plans covering a period of up to five years, past experience </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and management’<span class="_ _ac"/>s best estimate of future developments, and are discounted using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates reflecting current market assessments and the risks specific to the assets or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">CGU’<span class="_ _ac"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment tests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When preparing impairment tests, estimates are used to calculate the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future value. Significant estimates are made when assessing long-term </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth rates and profitability. In addition, an assessment is made of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reasonable discount rate. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the growth rate in the budget period or discount rate may </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">result in significantly differ<span class="_ _3"/>ent values. The assessments are made based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on budgets, business plans and projections for five years and take into </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">account past experience and repr<span class="_ _3"/>esent Management’<span class="_ _0"/>s best estimate of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">future developments. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Key parameters are gr<span class="_ _3"/>owth in sales, margins, discount rate and future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">growth expectations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At least once a year<span class="_ _0"/>, management assesses whether the standard cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of inventories approximates actual cost. During the year<span class="_ _ac"/>, standard cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is revised if it deviates significantly from actual cost. Indir<span class="_ _3"/>ect production </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs are assessed on an ongoing basis to ensur<span class="_ _3"/>e reliable measurement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of capacity utilisation, production hours, product applications and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">factors.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Calculation of the net realisable value of inventories is relevant mainly for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">finished goods and spare parts. The estimate of inventory write-downs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is considering excess quantities, condition of the inventory and lower </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">selling prices.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations and asset acquisitions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most significant assets acquired generally comprise goodwill, customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relationships and production equipment. As no active market exists for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">majority of acquired assets, liabilities and contingent liabilities, in particular </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in respect of acquir<span class="_ _3"/>ed intangible assets, management makes estimates of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value. The methods applied are based on the present value of futur<span class="_ _3"/>e cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows, churn rates or other expected cash flows related to the specific asset. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The fair value of customer relationships acquired in business combinations is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on an evaluation of the conditions relating to the acquired portfolio. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Measurement is based on a discounted cash flow model on key assumptions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">about the estimated split of the acquired and expected revenue, the r<span class="_ _3"/>elated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">churn rates and profitability of the revenue at the time of the acquisition.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ta<span class="_ _c"/>x</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">While conducting business globally, transfer pricing disputes, etc. with tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">authorities may occur<span class="_ _0"/>, and Management judgement is applied to assess the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">possible outcome of such disputes. Probability weighted outcomes is used as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the measurement method, and Management believes that the provision made </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for uncertain tax positions not yet settled with local tax authorities is adequate. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _0"/>, the actual obligation may deviate and is dependent on the result of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">litigations and settlements with the relevant tax authorities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group is subject to income taxes in numer<span class="_ _3"/>ous jurisdictions. Significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimates is required in determining provision for uncertain tax positions or the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognition of a deferred tax asset.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A tax asset is recognised if it is assessed that the asset can be utilised in a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">foreseeable futur<span class="_ _3"/>e based on strong indications that sufficient future pr<span class="_ _3"/>ofits are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">available to absorb the temporary differences including the Gr<span class="_ _3"/>oup’<span class="_ _0"/>s future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax planning. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The valuation of tax assets related to losses carried forward is done on a yearly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis and is based on expected positive taxable income within the next 3-5 years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Minimum T<span class="_ _0"/>axation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL is within the scope of the OECD Pillar T<span class="_ _0"/>wo minimum taxation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rules. Pillar T<span class="_ _ac"/>wo legislation was enacted in Denmark where the parent company </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is incorporated, and is effective from 1 January 2024. The Gr<span class="_ _3"/>oup applies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exception to recognising and disclosing information about deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities related to Pillar T<span class="_ _ac"/>wo income taxes, as provided in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amendments to IAS 12 issued in May 2023. Under the legislation, the Group is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liable to pay a top-up tax for the difference between their GloBE ef<span class="_ _3"/>fective tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate per jurisdiction and the 15 percent minimum rate.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1.1 Critical accounting estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The preparation of the consolidated financial statements r<span class="_ _3"/>equires </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management to make accounting estimates and assumptions that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have a significant effect on the application of accounting policies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and reported amounts of assets, liabilities, income, expenses, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related disclosur<span class="_ _3"/>es. The most significant accounting estimates and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">judgements are pr<span class="_ _3"/>esented below<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The application of the Group’<span class="_ _67"/>s accounting policies may require </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management to make judgements that can have a significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effect on the amounts r<span class="_ _3"/>ecognised in the consolidated financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements. When determining the carrying amount of some assets<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and liabilities, management must make judgements, estimates, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions concerning future events.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The estimates and underlying assumptions are based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">professional experience, historical experience, and various other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">factors that management considers appropriate under the given </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">circumstances. Actual r<span class="_ _3"/>esults may differ from these estimates. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The estimates and underlying assumptions are r<span class="_ _3"/>eviewed on an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ongoing basis. Changes in estimates may be necessary if there ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">changes in the circumstances on which the estimate was based, or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">if more detailed information becomes available. Such changes are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the period in which the estimate in question is r<span class="_ _3"/>evised.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Below are the accounting estimates and judgements that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management considers significant to the preparation of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated financial statements:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting estimates</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> V<span class="_ _0"/>alue adjustment of the Russian business (note 1.5)</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Impairment testing (note 3.5)</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> V<span class="_ _0"/>aluation of inventories (note 4.1)</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Deferred tax assets and uncertain tax positions (note 6.1)</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Control over the Russian business (note 1.5)</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Expected useful lifetime for property, plant and equipment </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(note 3.2)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The accounting policies are described in each of the specific notes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the financial statements, which also include additional descriptions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the most significant accounting estimates and judgements.</span> The Group produces and sells a range of non-combustible stone wool insulation products, including solutions for ceiling systems, ventilated façades, friction and water management and stone wool substrate solutions for the professional horticultural. <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group pr<span class="_ _3"/>oduces and sells a range of non-combustible stone wool </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insulation products, including solutions for ceiling systems, ventilated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">façades, friction and water management and stone wool substrate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">solutions for the professional horticultural.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue is recognised when contr<span class="_ _3"/>ol of the products has transferred to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customer<span class="_ _0"/>, being when the products are deliver<span class="_ _3"/>ed to the customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the risk has been transferred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The products ar<span class="_ _3"/>e often sold with volume discounts based on aggregate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sales over a 12-month period. Revenue from these sales is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the price specified in the contract, net of the estimated volume </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts. Past experience is used to estimate and provide for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts, using the expected value method.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The revenue includes no element of financing as the sales are made with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">credit terms of normally 30-60 days consistent with market practice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A receivable is r<span class="_ _3"/>ecognised when the products are delivered as this is the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">point in time that the consideration is unconditional because only the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">passage of time is required befor<span class="_ _3"/>e the payment is due.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The products ar<span class="_ _3"/>e often sold with volume discounts based on aggregate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sales over a 12-month period. Revenue from these sales is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the price specified in the contract, net of the estimated volume </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts. Past experience is used to estimate and provide for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts, using the expected value method.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group Management has determined the business segments for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purpose of assessing business performance and allocating resources. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Primarily segments are based on pr<span class="_ _3"/>oducts and ther<span class="_ _1"/>mal performance, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Systems segment is primarily defined as non-thermal insulation products. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Nearly all external revenue consist of sales of products.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Segmental data is stated for business areas and geographical ar<span class="_ _3"/>eas. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The split by business areas is in accordance with the Gr<span class="_ _3"/>oup’<span class="_ _0"/>s internal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reporting.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The segmental data is presented accor<span class="_ _3"/>ding to the same principle as the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated financial statements. The segmental EBIT includes revenue </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and expenditure including non-recurring expenditur<span class="_ _3"/>e operationally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to the segment.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.1 Revenue and segmented accounts</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business segments and revenue r<span class="_ _3"/>eporting</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:330.3515625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 382.891px; top: 0px; width: 424.652px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Insulation segment</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Systems segment</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Eliminations</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">ROCKWOOL Group</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.375px; top: 21.4062px; width: 810.404px; white-space: pre; word-spacing: -0.117px; letter-spacing: 0.117px; margin-left: 0px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.117px; letter-spacing: 0.117px; display: inline-block; margin-left: 0px; width: 368.648px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><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: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.5703px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.3594px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3262px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.5703px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 37.7422px; width: 810.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">even</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.82px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,206</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,176</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 56.3047px; width: 402.316px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Internal revenue</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 323.912px; font-size: 10.5px; font-family: ff2; -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: 403.691px; top: 56.3047px; width: 408.258px; white-space: pre; word-spacing: 0.2625px; letter-spacing: -0.2625px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5898px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 36px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 75.5938px; width: 810.504px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ota</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l re</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">venue</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 322.002px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,498</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,464</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.0684px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.0684px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 93.4453px; width: 810.135px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating cost</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s net</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 297.053px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,753</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,664</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">552</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">539</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 36px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.5898px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,013</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,915</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 112.734px; width: 810.381px; white-space: pre; word-spacing: 0.147px; letter-spacing: -0.147px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EB</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">I</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">DA</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 362.432px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">745</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">800</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">119</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">140</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 53.4607px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">864</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">940</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 131.297px; width: 810.404px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITD</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A margin</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 316.6px; font-size: 10.5px; font-family: ff2d; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21.3%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23.1%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17.8%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">20.6%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2d; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">22.3%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">24.4%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 149.133px; width: 810.211px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation, depreciation</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> and impairment</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">257</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">225</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">294</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">263</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 169.438px; width: 810.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EB</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">IT b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dj</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.147px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">488</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">575</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">82</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">102</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">570</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">677</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 188px; width: 810.129px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBIT</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> margin befor</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e value</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> adjustment of</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> the Russian b</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">usines</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 96.0176px; font-size: 10.5px; font-family: ff2d; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14.0%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16.6%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12.2%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14.9%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2d; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14.7%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17.5%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 206.961px; width: 810.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">392</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 226.273px; width: 810.229px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBIT</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 392.666px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff2; -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="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">178</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">677</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 244.102px; width: 415.945px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance items and</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> income from associated companies</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 154.535px; font-size: 10.5px; font-family: ff2; -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: 415.945px; top: 244.102px; width: 394.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">15</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 262.664px; width: 810.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 298.576px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">165</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">146</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 281.953px; width: 810.369px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">of</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 323.238px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.5px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">28</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">550</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 299.789px; width: 810.1px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goods transfer</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">red at</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> a point in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> time</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,206</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,176</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 318.352px; width: 810.334px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current ass</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et additions</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 266.549px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">506</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">365</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">531</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">407</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">* In 2<span class="_ _1"/>025, t<span class="_ _1"/>he o<span class="_ _1"/>rg<span class="_ _1"/>ani<span class="_ _1"/>sa<span class="_ _1"/>ti<span class="_ _1"/>on<span class="_ _1"/>al ma<span class="_ _1"/>na<span class="_ _1"/>ge<span class="_ _1"/>me<span class="_ _1"/>nt s<span class="_ _1"/>tr<span class="_ _1"/>u<span class="_ _1"/>c<span class="_ _1"/>tu<span class="_ _1"/>re w<span class="_ _1"/>as c<span class="_ _1"/>ha<span class="_ _1"/>nge<span class="_ _1"/>d a<span class="_ _1"/>nd t<span class="_ _1"/>he b<span class="_ _1"/>us<span class="_ _1"/>in<span class="_ _1"/>es<span class="_ _1"/>s ar<span class="_ _1"/>ea s<span class="_ _1"/>pl<span class="_ _1"/>it in t<span class="_ _1"/>h<span class="_ _1"/>e Gro<span class="_ _1"/>up’s int<span class="_ _1"/>er<span class="_ _1"/>na<span class="_ _1"/>l re<span class="_ _1"/>po<span class="_ _1"/>r<span class="_ _1"/>t<span class="_ _1"/>ing w<span class="_ _1"/>as a<span class="_ _1"/>dj<span class="_ _1"/>us<span class="_ _1"/>te<span class="_ _1"/>d. R<span class="_ _1"/>oc<span class="_ _1"/>k<span class="_ _1"/>fo<span class="_ _1"/>n ac<span class="_ _1"/>t<span class="_ _1"/>iv<span class="_ _1"/>it<span class="_ _1"/>ie<span class="_ _1"/>s in N<span class="_ _1"/>or<span class="_ _1"/>t<span class="_ _1"/>h A<span class="_ _1"/>me<span class="_ _1"/>ri<span class="_ _1"/>c<span class="_ _1"/>a are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no<span class="_ _1"/>w re<span class="_ _1"/>po<span class="_ _1"/>r<span class="_ _1"/>te<span class="_ _1"/>d as p<span class="_ _1"/>ar<span class="_ _2"/>t of th<span class="_ _1"/>e In<span class="_ _1"/>su<span class="_ _1"/>lat<span class="_ _1"/>io<span class="_ _1"/>n se<span class="_ _1"/>gm<span class="_ _1"/>en<span class="_ _1"/>t, w<span class="_ _1"/>hil<span class="_ _1"/>e L<span class="_ _1"/>ap<span class="_ _1"/>inu<span class="_ _1"/>s ac<span class="_ _2"/>tiv<span class="_ _1"/>it<span class="_ _1"/>ie<span class="_ _1"/>s have b<span class="_ _1"/>e<span class="_ _1"/>en r<span class="_ _1"/>eo<span class="_ _1"/>rga<span class="_ _1"/>ni<span class="_ _1"/>se<span class="_ _1"/>d un<span class="_ _1"/>de<span class="_ _1"/>r s<span class="_ _1"/>eve<span class="_ _1"/>ra<span class="_ _1"/>l ot<span class="_ _1"/>her R<span class="_ _1"/>OC<span class="_ _1"/>K<span class="_ _1"/>WO<span class="_ _1"/>OL b<span class="_ _1"/>us<span class="_ _1"/>in<span class="_ _1"/>es<span class="_ _1"/>s un<span class="_ _1"/>it<span class="_ _1"/>s<span class="_ _1"/>. Co<span class="_ _1"/>mp<span class="_ _1"/>ar<span class="_ _1"/>at<span class="_ _1"/>ive f<span class="_ _1"/>ig<span class="_ _1"/>ur<span class="_ _1"/>es f<span class="_ _1"/>or 20<span class="_ _1"/>24 have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be<span class="_ _1"/>en r<span class="_ _1"/>es<span class="_ _1"/>t<span class="_ _1"/>at<span class="_ _1"/>ed, w<span class="_ _1"/>it<span class="_ _1"/>h 144 MEU<span class="_ _1"/>R ex<span class="_ _1"/>te<span class="_ _1"/>r<span class="_ _1"/>nal r<span class="_ _1"/>eve<span class="_ _1"/>nu<span class="_ _1"/>e an<span class="_ _1"/>d 10 MEUR E<span class="_ _1"/>BIT r<span class="_ _1"/>ec<span class="_ _1"/>la<span class="_ _1"/>ss<span class="_ _1"/>if<span class="_ _1"/>ie<span class="_ _1"/>d fr<span class="_ _1"/>om S<span class="_ _1"/>ys<span class="_ _1"/>te<span class="_ _1"/>ms s<span class="_ _1"/>eg<span class="_ _1"/>me<span class="_ _1"/>nt t<span class="_ _1"/>o In<span class="_ _1"/>sul<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n se<span class="_ _1"/>gm<span class="_ _1"/>en<span class="_ _1"/>t.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Geographical segments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:134.96875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.297px; top: 0px; width: 70.9922px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 187.844px; top: 12px; width: 39.8379px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Revenue</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 309.078px; top: 12px; width: 67.9922px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">tangible assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 32.4375px; width: 178.365px; white-space: pre; word-spacing: -0.117px; letter-spacing: 0.117px; margin-left: 0px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.117px; letter-spacing: 0.117px; display: inline-block; margin-left: 0px; width: 152.408px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px 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: 178.365px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.551px; top: 30.9375px; width: 44.5078px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 246.059px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px 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: 269.244px; top: 30.9375px; width: 45.0586px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 314.303px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.488px; top: 30.9375px; width: 45.0586px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 382.547px; top: 30.9375px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 48.7734px; width: 177.375px; white-space: pre; word-spacing: 0.0105px; letter-spacing: -0.0105px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wes</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n Eur</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">op</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 99.2696px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 177.375px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,203</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.551px; top: 48.7734px; width: 43.5px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 245.051px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,170</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.227px; top: 48.7734px; width: 44.0098px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.236px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,324</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.412px; top: 48.7734px; width: 44.0098px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.422px; top: 48.7734px; width: 18.7559px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,21</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 67.6484px; width: 185.268px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Eastern Europe and Russia </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -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: 185.268px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">746</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.527px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.301px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">753</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.561px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.334px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">409</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.594px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.367px; top: 67.6484px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 86.2109px; width: 185.297px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th America</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 113.66px; font-size: 10.5px; font-family: ff2; -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: 185.297px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">737</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.557px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.33px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">737</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.59px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.363px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">620</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.623px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.396px; top: 86.2109px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">64</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 104.789px; width: 185.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sia a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.637px; font-size: 10.5px; font-family: ff2; -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: 185.596px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">191</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.855px; top: 104.789px; width: 51.2402px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.096px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">195</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.355px; top: 104.789px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.129px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">161</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.389px; top: 104.789px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.162px; top: 104.789px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 125.594px; width: 175.787px; white-space: pre; word-spacing: 0.36px; letter-spacing: -0.36px; margin-left: 0px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">To</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 154.066px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.66602px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 175.787px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,877</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.662px; top: 124.094px; width: 41.748px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 243.41px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,855</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.285px; top: 124.094px; width: 42.1465px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.432px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,514</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.307px; top: 124.094px; width: 42.1465px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 379.453px; top: 124.094px; width: 20.0801px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,47</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue and segmented accounts</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group pr<span class="_ _3"/>oduces and sells a range of non-combustible stone wool </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insulation products, including solutions for ceiling systems, ventilated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">façades, friction and water management and stone wool substrate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">solutions for the professional horticultural.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue is recognised when contr<span class="_ _3"/>ol of the products has transferred to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customer<span class="_ _0"/>, being when the products are deliver<span class="_ _3"/>ed to the customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the risk has been transferred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The products ar<span class="_ _3"/>e often sold with volume discounts based on aggregate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sales over a 12-month period. Revenue from these sales is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the price specified in the contract, net of the estimated volume </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts. Past experience is used to estimate and provide for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts, using the expected value method.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The revenue includes no element of financing as the sales are made with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">credit terms of normally 30-60 days consistent with market practice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A receivable is r<span class="_ _3"/>ecognised when the products are delivered as this is the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">point in time that the consideration is unconditional because only the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">passage of time is required befor<span class="_ _3"/>e the payment is due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group operates in two business segments primarily </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on products: Insulation segment and Systems segment. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">information is based on the management structure and internal<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management reporting to Gr<span class="_ _3"/>oup Management and constitutes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reportable segments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Headquarters costs are allocated to the business segments based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on allocation keys used in the internal management reporting. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These allocation keys are r<span class="_ _3"/>eassessed annually based on planned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activity in the segments. Finance income and expenses, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income taxes are managed at Gr<span class="_ _3"/>oup level and are not allocated to </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;">Internal revenue from the Insulation segment to the Systems </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">segment is at arms’ length prices. The Insulation segment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">includes among others interior building insulation, façade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insulation, roof insulation and industrial and technical insulation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Systems segment includes acoustic ceilings and walls, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cladding boards, engineer<span class="_ _3"/>ed fibres, noise and vibration control,<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and horticultural substrates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The geographical revenue information is based on the location of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customers, while the information regarding the geographical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets distribution is based on the physical placement of the assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The domestic revenue in Denmark was two per<span class="_ _3"/>cent (2024: two </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">percent) of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s revenue. The domestic intangible and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tangible assets in Denmark amounted to 247 MEUR (2024: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">196 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">No customers exceed 10 percent of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s revenue neither </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">this year nor last year<span class="_ _ac"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In Germany, France and the United States, revenue amounted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to 10-15 percent of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s total revenue in both 2025 and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024. In no other country does revenue exceed 10 per<span class="_ _3"/>cent of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _67"/>s total revenue. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets and property, plant and equipment in the United </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">States amounted to 15-20 percent of the Gr<span class="_ _3"/>oup total in 2025 and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024, while intangible assets and property, plant and equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Germany amounted to 10-15 percent of the Group total in 2025 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and 2024. Intangible assets and property, plant and equipment in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Canada amounted to 10-15 percent of the Gr<span class="_ _3"/>oup total in 2024.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.1 Revenue and segmented accounts</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business segments and revenue r<span class="_ _3"/>eporting</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:330.3515625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 382.891px; top: 0px; width: 424.652px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Insulation segment</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Systems segment</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Eliminations</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">ROCKWOOL Group</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.375px; top: 21.4062px; width: 810.404px; white-space: pre; word-spacing: -0.117px; letter-spacing: 0.117px; margin-left: 0px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.117px; letter-spacing: 0.117px; display: inline-block; margin-left: 0px; width: 368.648px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><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: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.5703px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.3594px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3262px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.5703px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 37.7422px; width: 810.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">even</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.82px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,206</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,176</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 56.3047px; width: 402.316px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Internal revenue</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 323.912px; font-size: 10.5px; font-family: ff2; -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: 403.691px; top: 56.3047px; width: 408.258px; white-space: pre; word-spacing: 0.2625px; letter-spacing: -0.2625px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5898px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 36px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 75.5938px; width: 810.504px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ota</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l re</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">venue</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 322.002px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,498</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,464</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.0684px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.0684px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 93.4453px; width: 810.135px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating cost</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s net</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 297.053px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,753</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,664</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">552</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">539</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 36px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.5898px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,013</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,915</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 112.734px; width: 810.381px; white-space: pre; word-spacing: 0.147px; letter-spacing: -0.147px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EB</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">I</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">DA</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 362.432px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">745</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">800</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">119</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">140</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 53.4607px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">864</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">940</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 131.297px; width: 810.404px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITD</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A margin</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 316.6px; font-size: 10.5px; font-family: ff2d; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21.3%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23.1%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17.8%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">20.6%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2d; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">22.3%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">24.4%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 149.133px; width: 810.211px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation, depreciation</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> and impairment</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">257</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">225</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">294</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">263</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 169.438px; width: 810.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EB</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">IT b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dj</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.147px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">488</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">575</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">82</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">102</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">570</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">677</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 188px; width: 810.129px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBIT</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> margin befor</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e value</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> adjustment of</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> the Russian b</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">usines</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 96.0176px; font-size: 10.5px; font-family: ff2d; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14.0%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16.6%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12.2%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14.9%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2d; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14.7%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17.5%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 206.961px; width: 810.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">392</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 226.273px; width: 810.229px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBIT</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 392.666px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff2; -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="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">178</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">677</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 244.102px; width: 415.945px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance items and</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> income from associated companies</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 154.535px; font-size: 10.5px; font-family: ff2; -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: 415.945px; top: 244.102px; width: 394.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">15</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 262.664px; width: 810.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 298.576px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">165</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">146</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 281.953px; width: 810.369px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">of</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 323.238px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.5px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">28</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">550</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 299.789px; width: 810.1px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goods transfer</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">red at</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> a point in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> time</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,206</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,176</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 318.352px; width: 810.334px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current ass</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et additions</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 266.549px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">506</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">365</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">531</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">407</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">* In 2<span class="_ _1"/>025, t<span class="_ _1"/>he o<span class="_ _1"/>rg<span class="_ _1"/>ani<span class="_ _1"/>sa<span class="_ _1"/>ti<span class="_ _1"/>on<span class="_ _1"/>al ma<span class="_ _1"/>na<span class="_ _1"/>ge<span class="_ _1"/>me<span class="_ _1"/>nt s<span class="_ _1"/>tr<span class="_ _1"/>u<span class="_ _1"/>c<span class="_ _1"/>tu<span class="_ _1"/>re w<span class="_ _1"/>as c<span class="_ _1"/>ha<span class="_ _1"/>nge<span class="_ _1"/>d a<span class="_ _1"/>nd t<span class="_ _1"/>he b<span class="_ _1"/>us<span class="_ _1"/>in<span class="_ _1"/>es<span class="_ _1"/>s ar<span class="_ _1"/>ea s<span class="_ _1"/>pl<span class="_ _1"/>it in t<span class="_ _1"/>h<span class="_ _1"/>e Gro<span class="_ _1"/>up’s int<span class="_ _1"/>er<span class="_ _1"/>na<span class="_ _1"/>l re<span class="_ _1"/>po<span class="_ _1"/>r<span class="_ _1"/>t<span class="_ _1"/>ing w<span class="_ _1"/>as a<span class="_ _1"/>dj<span class="_ _1"/>us<span class="_ _1"/>te<span class="_ _1"/>d. R<span class="_ _1"/>oc<span class="_ _1"/>k<span class="_ _1"/>fo<span class="_ _1"/>n ac<span class="_ _1"/>t<span class="_ _1"/>iv<span class="_ _1"/>it<span class="_ _1"/>ie<span class="_ _1"/>s in N<span class="_ _1"/>or<span class="_ _1"/>t<span class="_ _1"/>h A<span class="_ _1"/>me<span class="_ _1"/>ri<span class="_ _1"/>c<span class="_ _1"/>a are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no<span class="_ _1"/>w re<span class="_ _1"/>po<span class="_ _1"/>r<span class="_ _1"/>te<span class="_ _1"/>d as p<span class="_ _1"/>ar<span class="_ _2"/>t of th<span class="_ _1"/>e In<span class="_ _1"/>su<span class="_ _1"/>lat<span class="_ _1"/>io<span class="_ _1"/>n se<span class="_ _1"/>gm<span class="_ _1"/>en<span class="_ _1"/>t, w<span class="_ _1"/>hil<span class="_ _1"/>e L<span class="_ _1"/>ap<span class="_ _1"/>inu<span class="_ _1"/>s ac<span class="_ _2"/>tiv<span class="_ _1"/>it<span class="_ _1"/>ie<span class="_ _1"/>s have b<span class="_ _1"/>e<span class="_ _1"/>en r<span class="_ _1"/>eo<span class="_ _1"/>rga<span class="_ _1"/>ni<span class="_ _1"/>se<span class="_ _1"/>d un<span class="_ _1"/>de<span class="_ _1"/>r s<span class="_ _1"/>eve<span class="_ _1"/>ra<span class="_ _1"/>l ot<span class="_ _1"/>her R<span class="_ _1"/>OC<span class="_ _1"/>K<span class="_ _1"/>WO<span class="_ _1"/>OL b<span class="_ _1"/>us<span class="_ _1"/>in<span class="_ _1"/>es<span class="_ _1"/>s un<span class="_ _1"/>it<span class="_ _1"/>s<span class="_ _1"/>. Co<span class="_ _1"/>mp<span class="_ _1"/>ar<span class="_ _1"/>at<span class="_ _1"/>ive f<span class="_ _1"/>ig<span class="_ _1"/>ur<span class="_ _1"/>es f<span class="_ _1"/>or 20<span class="_ _1"/>24 have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be<span class="_ _1"/>en r<span class="_ _1"/>es<span class="_ _1"/>t<span class="_ _1"/>at<span class="_ _1"/>ed, w<span class="_ _1"/>it<span class="_ _1"/>h 144 MEU<span class="_ _1"/>R ex<span class="_ _1"/>te<span class="_ _1"/>r<span class="_ _1"/>nal r<span class="_ _1"/>eve<span class="_ _1"/>nu<span class="_ _1"/>e an<span class="_ _1"/>d 10 MEUR E<span class="_ _1"/>BIT r<span class="_ _1"/>ec<span class="_ _1"/>la<span class="_ _1"/>ss<span class="_ _1"/>if<span class="_ _1"/>ie<span class="_ _1"/>d fr<span class="_ _1"/>om S<span class="_ _1"/>ys<span class="_ _1"/>te<span class="_ _1"/>ms s<span class="_ _1"/>eg<span class="_ _1"/>me<span class="_ _1"/>nt t<span class="_ _1"/>o In<span class="_ _1"/>sul<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n se<span class="_ _1"/>gm<span class="_ _1"/>en<span class="_ _1"/>t.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Geographical segments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:134.96875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.297px; top: 0px; width: 70.9922px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 187.844px; top: 12px; width: 39.8379px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Revenue</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 309.078px; top: 12px; width: 67.9922px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">tangible assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 32.4375px; width: 178.365px; white-space: pre; word-spacing: -0.117px; letter-spacing: 0.117px; margin-left: 0px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.117px; letter-spacing: 0.117px; display: inline-block; margin-left: 0px; width: 152.408px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px 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: 178.365px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.551px; top: 30.9375px; width: 44.5078px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 246.059px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px 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: 269.244px; top: 30.9375px; width: 45.0586px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 314.303px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.488px; top: 30.9375px; width: 45.0586px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 382.547px; top: 30.9375px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 48.7734px; width: 177.375px; white-space: pre; word-spacing: 0.0105px; letter-spacing: -0.0105px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wes</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n Eur</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">op</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 99.2696px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 177.375px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,203</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.551px; top: 48.7734px; width: 43.5px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 245.051px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,170</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.227px; top: 48.7734px; width: 44.0098px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.236px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,324</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.412px; top: 48.7734px; width: 44.0098px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.422px; top: 48.7734px; width: 18.7559px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,21</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 67.6484px; width: 185.268px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Eastern Europe and Russia </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -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: 185.268px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">746</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.527px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.301px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">753</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.561px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.334px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">409</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.594px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.367px; top: 67.6484px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 86.2109px; width: 185.297px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th America</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 113.66px; font-size: 10.5px; font-family: ff2; -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: 185.297px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">737</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.557px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.33px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">737</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.59px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.363px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">620</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.623px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.396px; top: 86.2109px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">64</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 104.789px; width: 185.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sia a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.637px; font-size: 10.5px; font-family: ff2; -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: 185.596px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">191</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.855px; top: 104.789px; width: 51.2402px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.096px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">195</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.355px; top: 104.789px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.129px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">161</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.389px; top: 104.789px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.162px; top: 104.789px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 125.594px; width: 175.787px; white-space: pre; word-spacing: 0.36px; letter-spacing: -0.36px; margin-left: 0px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">To</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 154.066px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.66602px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 175.787px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,877</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.662px; top: 124.094px; width: 41.748px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 243.41px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,855</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.285px; top: 124.094px; width: 42.1465px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.432px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,514</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.307px; top: 124.094px; width: 42.1465px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 379.453px; top: 124.094px; width: 20.0801px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,47</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue and segmented accounts</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group pr<span class="_ _3"/>oduces and sells a range of non-combustible stone wool </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insulation products, including solutions for ceiling systems, ventilated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">façades, friction and water management and stone wool substrate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">solutions for the professional horticultural.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revenue is recognised when contr<span class="_ _3"/>ol of the products has transferred to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customer<span class="_ _0"/>, being when the products are deliver<span class="_ _3"/>ed to the customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the risk has been transferred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The products ar<span class="_ _3"/>e often sold with volume discounts based on aggregate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">sales over a 12-month period. Revenue from these sales is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the price specified in the contract, net of the estimated volume </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts. Past experience is used to estimate and provide for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discounts, using the expected value method.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The revenue includes no element of financing as the sales are made with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">credit terms of normally 30-60 days consistent with market practice.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A receivable is r<span class="_ _3"/>ecognised when the products are delivered as this is the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">point in time that the consideration is unconditional because only the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">passage of time is required befor<span class="_ _3"/>e the payment is due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group operates in two business segments primarily </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on products: Insulation segment and Systems segment. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">information is based on the management structure and internal<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management reporting to Gr<span class="_ _3"/>oup Management and constitutes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reportable segments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Headquarters costs are allocated to the business segments based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on allocation keys used in the internal management reporting. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These allocation keys are r<span class="_ _3"/>eassessed annually based on planned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activity in the segments. Finance income and expenses, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income taxes are managed at Gr<span class="_ _3"/>oup level and are not allocated to </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;">Internal revenue from the Insulation segment to the Systems </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">segment is at arms’ length prices. The Insulation segment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">includes among others interior building insulation, façade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insulation, roof insulation and industrial and technical insulation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Systems segment includes acoustic ceilings and walls, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cladding boards, engineer<span class="_ _3"/>ed fibres, noise and vibration control,<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and horticultural substrates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The geographical revenue information is based on the location of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customers, while the information regarding the geographical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets distribution is based on the physical placement of the assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The domestic revenue in Denmark was two per<span class="_ _3"/>cent (2024: two </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">percent) of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s revenue. The domestic intangible and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tangible assets in Denmark amounted to 247 MEUR (2024: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">196 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">No customers exceed 10 percent of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s revenue neither </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">this year nor last year<span class="_ _ac"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In Germany, France and the United States, revenue amounted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to 10-15 percent of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s total revenue in both 2025 and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024. In no other country does revenue exceed 10 per<span class="_ _3"/>cent of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _67"/>s total revenue. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets and property, plant and equipment in the United </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">States amounted to 15-20 percent of the Gr<span class="_ _3"/>oup total in 2025 and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024, while intangible assets and property, plant and equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Germany amounted to 10-15 percent of the Group total in 2025 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and 2024. Intangible assets and property, plant and equipment in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Canada amounted to 10-15 percent of the Gr<span class="_ _3"/>oup total in 2024.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.1 Revenue and segmented accounts</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business segments and revenue r<span class="_ _3"/>eporting</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:330.3515625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 382.891px; top: 0px; width: 424.652px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Insulation segment</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Systems segment</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Eliminations</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">ROCKWOOL Group</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 1.375px; top: 21.4062px; width: 810.404px; white-space: pre; word-spacing: -0.117px; letter-spacing: 0.117px; margin-left: 0px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.117px; letter-spacing: 0.117px; display: inline-block; margin-left: 0px; width: 368.648px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><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: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.5703px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.3594px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.3262px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.5703px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024*</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2025</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 37.7422px; width: 810.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">even</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.82px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,206</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,176</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 56.3047px; width: 402.316px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Internal revenue</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 323.912px; font-size: 10.5px; font-family: ff2; -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: 403.691px; top: 56.3047px; width: 408.258px; white-space: pre; word-spacing: 0.2625px; letter-spacing: -0.2625px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.5898px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 36px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 75.5938px; width: 810.504px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ota</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l re</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">venue</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 322.002px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,498</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,464</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.0684px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.0684px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 93.4453px; width: 810.135px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Operating cost</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s net</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 297.053px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,753</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,664</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">552</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">539</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 36px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-292</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 35.5898px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-288</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,013</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,915</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 112.734px; width: 810.381px; white-space: pre; word-spacing: 0.147px; letter-spacing: -0.147px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EB</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">I</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">DA</span><span style="word-spacing: 0.147px; letter-spacing: -0.147px; display: inline-block; margin-left: 0px; width: 362.432px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">745</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">800</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">119</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">140</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 53.4607px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">864</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">940</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 131.297px; width: 810.404px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITD</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A margin</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 316.6px; font-size: 10.5px; font-family: ff2d; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21.3%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23.1%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17.8%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">20.6%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2d; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">22.3%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">24.4%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 149.133px; width: 810.211px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation, depreciation</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> and impairment</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">257</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">225</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">294</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">263</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 169.438px; width: 810.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EB</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">IT b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dj</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.147px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">488</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">575</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">82</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">102</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">570</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">677</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 188px; width: 810.129px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBIT</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> margin befor</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e value</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> adjustment of</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> the Russian b</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">usines</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 96.0176px; font-size: 10.5px; font-family: ff2d; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14.0%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16.6%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12.2%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14.9%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2d; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14.7%</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 27.5039px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17.5%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 206.961px; width: 810.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">392</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.375px; top: 226.273px; width: 810.229px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBIT</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 392.666px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff2; -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="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">178</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">677</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 244.102px; width: 415.945px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance items and</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> income from associated companies</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 154.535px; font-size: 10.5px; font-family: ff2; -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: 415.945px; top: 244.102px; width: 394.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">15</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 262.664px; width: 810.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 298.576px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">165</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">146</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 281.953px; width: 810.369px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">of</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 323.238px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.5px; font-size: 10.5px; font-family: ff1; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">28</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.2091px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">550</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 299.789px; width: 810.1px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goods transfer</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">red at</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> a point in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> time</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,206</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,176</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">671</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">679</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">3,877</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 30.9492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,855</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 318.352px; width: 810.334px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current ass</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et additions</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 266.549px; font-size: 10.5px; font-family: ff2; -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: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">506</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">365</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">25</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">531</span><span style="word-spacing: 0.2625px; letter-spacing: -0.2625px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">407</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">* In 2<span class="_ _1"/>025, t<span class="_ _1"/>he o<span class="_ _1"/>rg<span class="_ _1"/>ani<span class="_ _1"/>sa<span class="_ _1"/>ti<span class="_ _1"/>on<span class="_ _1"/>al ma<span class="_ _1"/>na<span class="_ _1"/>ge<span class="_ _1"/>me<span class="_ _1"/>nt s<span class="_ _1"/>tr<span class="_ _1"/>u<span class="_ _1"/>c<span class="_ _1"/>tu<span class="_ _1"/>re w<span class="_ _1"/>as c<span class="_ _1"/>ha<span class="_ _1"/>nge<span class="_ _1"/>d a<span class="_ _1"/>nd t<span class="_ _1"/>he b<span class="_ _1"/>us<span class="_ _1"/>in<span class="_ _1"/>es<span class="_ _1"/>s ar<span class="_ _1"/>ea s<span class="_ _1"/>pl<span class="_ _1"/>it in t<span class="_ _1"/>h<span class="_ _1"/>e Gro<span class="_ _1"/>up’s int<span class="_ _1"/>er<span class="_ _1"/>na<span class="_ _1"/>l re<span class="_ _1"/>po<span class="_ _1"/>r<span class="_ _1"/>t<span class="_ _1"/>ing w<span class="_ _1"/>as a<span class="_ _1"/>dj<span class="_ _1"/>us<span class="_ _1"/>te<span class="_ _1"/>d. R<span class="_ _1"/>oc<span class="_ _1"/>k<span class="_ _1"/>fo<span class="_ _1"/>n ac<span class="_ _1"/>t<span class="_ _1"/>iv<span class="_ _1"/>it<span class="_ _1"/>ie<span class="_ _1"/>s in N<span class="_ _1"/>or<span class="_ _1"/>t<span class="_ _1"/>h A<span class="_ _1"/>me<span class="_ _1"/>ri<span class="_ _1"/>c<span class="_ _1"/>a are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">no<span class="_ _1"/>w re<span class="_ _1"/>po<span class="_ _1"/>r<span class="_ _1"/>te<span class="_ _1"/>d as p<span class="_ _1"/>ar<span class="_ _2"/>t of th<span class="_ _1"/>e In<span class="_ _1"/>su<span class="_ _1"/>lat<span class="_ _1"/>io<span class="_ _1"/>n se<span class="_ _1"/>gm<span class="_ _1"/>en<span class="_ _1"/>t, w<span class="_ _1"/>hil<span class="_ _1"/>e L<span class="_ _1"/>ap<span class="_ _1"/>inu<span class="_ _1"/>s ac<span class="_ _2"/>tiv<span class="_ _1"/>it<span class="_ _1"/>ie<span class="_ _1"/>s have b<span class="_ _1"/>e<span class="_ _1"/>en r<span class="_ _1"/>eo<span class="_ _1"/>rga<span class="_ _1"/>ni<span class="_ _1"/>se<span class="_ _1"/>d un<span class="_ _1"/>de<span class="_ _1"/>r s<span class="_ _1"/>eve<span class="_ _1"/>ra<span class="_ _1"/>l ot<span class="_ _1"/>her R<span class="_ _1"/>OC<span class="_ _1"/>K<span class="_ _1"/>WO<span class="_ _1"/>OL b<span class="_ _1"/>us<span class="_ _1"/>in<span class="_ _1"/>es<span class="_ _1"/>s un<span class="_ _1"/>it<span class="_ _1"/>s<span class="_ _1"/>. Co<span class="_ _1"/>mp<span class="_ _1"/>ar<span class="_ _1"/>at<span class="_ _1"/>ive f<span class="_ _1"/>ig<span class="_ _1"/>ur<span class="_ _1"/>es f<span class="_ _1"/>or 20<span class="_ _1"/>24 have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be<span class="_ _1"/>en r<span class="_ _1"/>es<span class="_ _1"/>t<span class="_ _1"/>at<span class="_ _1"/>ed, w<span class="_ _1"/>it<span class="_ _1"/>h 144 MEU<span class="_ _1"/>R ex<span class="_ _1"/>te<span class="_ _1"/>r<span class="_ _1"/>nal r<span class="_ _1"/>eve<span class="_ _1"/>nu<span class="_ _1"/>e an<span class="_ _1"/>d 10 MEUR E<span class="_ _1"/>BIT r<span class="_ _1"/>ec<span class="_ _1"/>la<span class="_ _1"/>ss<span class="_ _1"/>if<span class="_ _1"/>ie<span class="_ _1"/>d fr<span class="_ _1"/>om S<span class="_ _1"/>ys<span class="_ _1"/>te<span class="_ _1"/>ms s<span class="_ _1"/>eg<span class="_ _1"/>me<span class="_ _1"/>nt t<span class="_ _1"/>o In<span class="_ _1"/>sul<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n se<span class="_ _1"/>gm<span class="_ _1"/>en<span class="_ _1"/>t.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Geographical segments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:134.96875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.297px; top: 0px; width: 70.9922px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 187.844px; top: 12px; width: 39.8379px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Revenue</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 309.078px; top: 12px; width: 67.9922px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">tangible assets</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 32.4375px; width: 178.365px; white-space: pre; word-spacing: -0.117px; letter-spacing: 0.117px; margin-left: 0px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.117px; letter-spacing: 0.117px; display: inline-block; margin-left: 0px; width: 152.408px; font-size: 9px; font-family: ff3; -webkit-text-stroke: 0.135px 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: 178.365px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.551px; top: 30.9375px; width: 44.5078px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 246.059px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px 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: 269.244px; top: 30.9375px; width: 45.0586px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 314.303px; top: 30.9375px; width: 23.1855px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.488px; top: 30.9375px; width: 45.0586px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 45.0585px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 382.547px; top: 30.9375px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 48.7734px; width: 177.375px; white-space: pre; word-spacing: 0.0105px; letter-spacing: -0.0105px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wes</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n Eur</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">op</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.0105px; letter-spacing: -0.0105px; display: inline-block; margin-left: 0px; width: 99.2696px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 177.375px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,203</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.551px; top: 48.7734px; width: 43.5px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 245.051px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,170</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.227px; top: 48.7734px; width: 44.0098px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.236px; top: 48.7734px; width: 24.1758px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,324</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.412px; top: 48.7734px; width: 44.0098px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 381.422px; top: 48.7734px; width: 18.7559px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,21</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 67.6484px; width: 185.268px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Eastern Europe and Russia </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -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: 185.268px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">746</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.527px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.301px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">753</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.561px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.334px; top: 67.6484px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">409</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.594px; top: 67.6484px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.367px; top: 67.6484px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 86.2109px; width: 185.297px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Nor</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th America</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 113.66px; font-size: 10.5px; font-family: ff2; -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: 185.297px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">737</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.557px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.33px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">737</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.59px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.363px; top: 86.2109px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">620</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.623px; top: 86.2109px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.396px; top: 86.2109px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">64</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 104.789px; width: 185.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sia a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.637px; font-size: 10.5px; font-family: ff2; -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: 185.596px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">191</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.855px; top: 104.789px; width: 51.2402px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 253.096px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">195</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.355px; top: 104.789px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.129px; top: 104.789px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">161</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.389px; top: 104.789px; width: 51.7734px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 389.162px; top: 104.789px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 125.594px; width: 175.787px; white-space: pre; word-spacing: 0.36px; letter-spacing: -0.36px; margin-left: 0px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">To</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.36px; letter-spacing: -0.36px; display: inline-block; margin-left: 0px; width: 154.066px; font-size: 9px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.66602px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 175.787px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,877</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 201.662px; top: 124.094px; width: 41.748px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 243.41px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,855</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 269.285px; top: 124.094px; width: 42.1465px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.432px; top: 124.094px; width: 25.875px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,514</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 337.307px; top: 124.094px; width: 42.1465px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 379.453px; top: 124.094px; width: 20.0801px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2,47</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group Management has determined the business segments for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">purpose of assessing business performance and allocating resources. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Primarily segments are based on pr<span class="_ _3"/>oducts and ther<span class="_ _1"/>mal performance, as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Systems segment is primarily defined as non-thermal insulation products. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Nearly all external revenue consist of sales of products.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Segmental data is stated for business areas and geographical ar<span class="_ _3"/>eas. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The split by business areas is in accordance with the Gr<span class="_ _3"/>oup’<span class="_ _0"/>s internal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">reporting.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The segmental data is presented accor<span class="_ _3"/>ding to the same principle as the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consolidated financial statements. The segmental EBIT includes revenue </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and expenditure including non-recurring expenditur<span class="_ _3"/>e operationally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related to the segment.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group operates in two business segments primarily </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on products: Insulation segment and Systems segment. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">information is based on the management structure and internal<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">management reporting to Gr<span class="_ _3"/>oup Management and constitutes the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reportable segments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Headquarters costs are allocated to the business segments based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on allocation keys used in the internal management reporting. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">These allocation keys are r<span class="_ _3"/>eassessed annually based on planned </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activity in the segments. Finance income and expenses, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income taxes are managed at Gr<span class="_ _3"/>oup level and are not allocated to </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;">Internal revenue from the Insulation segment to the Systems </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">segment is at arms’ length prices. The Insulation segment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">includes among others interior building insulation, façade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insulation, roof insulation and industrial and technical insulation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Systems segment includes acoustic ceilings and walls, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cladding boards, engineer<span class="_ _3"/>ed fibres, noise and vibration control,<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and horticultural substrates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The geographical revenue information is based on the location of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the customers, while the information regarding the geographical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets distribution is based on the physical placement of the assets. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The domestic revenue in Denmark was two per<span class="_ _3"/>cent (2024: two </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">percent) of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s revenue. The domestic intangible and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tangible assets in Denmark amounted to 247 MEUR (2024: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">196 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">No customers exceed 10 percent of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s revenue neither </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">this year nor last year<span class="_ _ac"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In Germany, France and the United States, revenue amounted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to 10-15 percent of the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s total revenue in both 2025 and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024. In no other country does revenue exceed 10 per<span class="_ _3"/>cent of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _67"/>s total revenue. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets and property, plant and equipment in the United </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">States amounted to 15-20 percent of the Gr<span class="_ _3"/>oup total in 2025 and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2024, while intangible assets and property, plant and equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Germany amounted to 10-15 percent of the Group total in 2025 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and 2024. Intangible assets and property, plant and equipment in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Canada amounted to 10-15 percent of the Gr<span class="_ _3"/>oup total in 2024.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.2 Employee benefits expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration of Group Management (key management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">personnel) complies with the principles of the Group’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration Policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The variable part of the total remuneration, measur<span class="_ _3"/>ed as short-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term incentive maximum and annual long-ter<span class="_ _1"/>m incentive grant, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">can be maximum 50 percent of the total r<span class="_ _3"/>emuneration. The short-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term incentive (bonus) is dependent on achievement of individual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">targets and tar<span class="_ _3"/>gets for the Group’<span class="_ _67"/>s financial perfor<span class="_ _1"/>mance, which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are annually appr<span class="_ _3"/>oved by the Remuneration Committee. In </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">addition, pension and other benefits are of<span class="_ _3"/>fered in line with market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">practice with a total value not exceeding 20 percent of base salary.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The individual remuneration elements of each Register<span class="_ _3"/>ed Director </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are disclosed in the annual Remuneration Report. Resignation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs related to the departur<span class="_ _3"/>e of the for<span class="_ _1"/>mer CEO of 3 MEUR were </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">included in 2024. There was no r<span class="_ _3"/>esignation costs related to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Registered Dir<span class="_ _3"/>ectors in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Benefits expenses own workforce</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:172.1953125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 30.3405px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 307.922px; top: 0px; width: 82.3418px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 33.4512px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 18.2109px; width: 179.56px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ala</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n wor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 316.594px; top: 18.2109px; width: 74.2676px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">789</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">733</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.7891px; width: 153.233px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.875px; top: 36.7891px; width: 63.9609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 55.3516px; width: 61.5557px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pension</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cos</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 320.469px; top: 55.3516px; width: 69.2168px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 47.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">36</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.9141px; width: 123.572px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other social security cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 316.594px; top: 73.9141px; width: 74.2676px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">111</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">102</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.4922px; width: 236.789px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capit</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alised salaries included in</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Intangible ass</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 323.438px; top: 92.4922px; width: 66.6445px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 111.055px; width: 251.324px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capitalised salaries included in</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Proper</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, plant and</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 123.055px; width: 53.3987px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 317.875px; top: 123.055px; width: 71.8418px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-20</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 142.344px; width: 173.324px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Own workforce</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> benefit exp</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">enses</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.188px; top: 142.344px; width: 76.4648px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">915</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 39.7969px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">852</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 160.195px; width: 236.564px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ave</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">um</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">be</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r of em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oye</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n wor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 301.453px; top: 160.195px; width: 87.4043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span class="pp-font-color-override-2" style="letter-spacing: -0.42px; word-spacing: 0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);">12,732</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="letter-spacing: -0.42px; word-spacing: 0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);">12,174</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration to Group Management, Register<span class="_ _3"/>ed Directors and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Board of Dir<span class="_ _3"/>ectors</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Personnel<span class="_ _3"/> costs include the<span class="_ _3"/> following<span class="_ _3"/> to Gr<span class="_ _3"/>oup Management<span class="_ _3"/>, Registered<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:357.703125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 162.258px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Directors and Boar</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Direc</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 20.3125px; width: 30.3405px; white-space: pre; word-spacing: -0.0847381px; letter-spacing: 0.0847381px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 294.953px; top: 20.3125px; width: 99.6445px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 50.754px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 38.875px; width: 100.857px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Group</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px 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: 4.34375px; top: 56.7109px; width: 180.411px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r be</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 68.7266px; width: 64.9012px; white-space: pre; word-spacing: -0.190661px; letter-spacing: 0.190661px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 313.422px; top: 68.7266px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 87.2891px; width: 195.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Res</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ig</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t to Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p Ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 315.641px; top: 87.2891px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 105.852px; width: 203.523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Valu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d RSU c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s or f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lue </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 117.852px; width: 174.654px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Gro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">up M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ana</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 117.852px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 136.43px; width: 176.345px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t to Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p Man</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 313.422px; top: 136.43px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 155.719px; width: 147.299px; white-space: pre; word-spacing: -0.243622px; letter-spacing: 0.243622px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tal to</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Group Management</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 307.172px; top: 155.719px; width: 87.4629px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 174.281px; width: 141.482px; white-space: pre; word-spacing: -0.264807px; letter-spacing: 0.264807px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Registered Dir</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 192.133px; width: 219.074px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof remuneration</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> to Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 192.133px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 210.695px; width: 231.203px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof resignati</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on cost to R</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">egistered Direc</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 315.641px; top: 210.695px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 229.258px; width: 233.934px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">He</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">of va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d RSU c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t or f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lue </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 241.273px; width: 176.622px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">adjustment</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s to</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 241.258px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 259.836px; width: 215.344px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof pension</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cost to Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 315.641px; top: 259.836px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 279.125px; width: 151.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l to R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eg</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">is</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ir</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 279.125px; width: 81.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 4.34375px; top: 297.688px; width: 92.1208px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ire</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 315.539px; width: 174.122px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mun</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n to B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ire</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 315.539px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 334.828px; width: 228.88px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ota</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l remuner</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ation to R</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">egistered Directors </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 346.828px; width: 118.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rd o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 346.828px; width: 81.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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;">2.3 Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted Share Units</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted Share Units (RSUs) will be subject to a vesting period of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">three years. After the vesting period the shar<span class="_ _3"/>es are transferred to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">participants without payment, subject to continued employment with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group in the vesting period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The RSUs repr<span class="_ _3"/>esent the employee’<span class="_ _ac"/>s right to shares but do not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carry voting rights nor have any tangible value before the RSUs ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exercised and become actual B shar<span class="_ _3"/>es of ROCKWOOL A/S. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">te<span class="_ _1"/>r<span class="_ _1"/>ms<span class="_ _1"/> o<span class="_ _1"/>f t<span class="_ _1"/>he<span class="_ _1"/> sh<span class="_ _1"/>ar<span class="_ _1"/>e i<span class="_ _1"/>nc<span class="_ _1"/>en<span class="_ _1"/>ti<span class="_ _1"/>v<span class="_ _1"/>e m<span class="_ _1"/>ay<span class="_ _1"/> provide <span class="_ _3"/>that shares <span class="_ _3"/>may be <span class="_ _3"/>settled<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in cash in which case, the related pr<span class="_ _3"/>ovision equals the share price at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time of vesting.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The estimated fair value of RSUs granted in 2025 was 3 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 4 MEUR) at grant date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2025, 3 MEUR was expensed related to the RSUs (2024: 3 MEUR), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of which 3 MEUR (2024: 3 MEUR) was recognised in employee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits expenses. In 2025, the fair value adjustment under finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenses was close to zero (2024: close to zer<span class="_ _3"/>o).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There wer<span class="_ _3"/>e no outstanding stock options in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>wo different share-based incentive pr<span class="_ _3"/>ogrammes have been established: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A stock option programme and a restricted shar<span class="_ _3"/>e programme (RSUs). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Both programmes are classified as equity based, as they ar<span class="_ _3"/>e settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares. Due to local rules, a minor part of both programmes is given as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">phantom shares and is classified as cash-based, as they are settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash. The programmes ar<span class="_ _3"/>e offered to Group Management and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">senior executives. The incentive programmes are part of the variable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">part of the remuneration and follows the Group’<span class="_ _ac"/>s remuneration policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Participation in the programmes are at the Remuneration Committees </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discretion and no individual has a contractual right to participate or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receive any guaranteed benefit.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When RSUs are issued, the value of the RSUs at grant date is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in employee benefits expenses in the statement of profit and loss and in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equity over the three-year vesting period. On initial recognition of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RSUs, the number of RSUs expected to vest is estimated. Subsequently, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the estimate is revised so the total cost recognised is based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">actual number of RSUs vested. The fair value of RSUs is determined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the quoted share price at grant adjusted for expected dividend </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payout (based on historic dividend payout ratio). The participants are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">compensated for any dividend payment by receiving additional RSUs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A minor part of the RSUs is given as phantom shares (cash-based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">programme) and ar<span class="_ _3"/>e after initial recognition adjusted to fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">through finance expenses in the statement of profit and loss against a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related pr<span class="_ _3"/>ovision.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash-settled programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cash-settled programmes consist of phantom shar<span class="_ _3"/>es granted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">during the years 2022-2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The employees granted the phantom shares participate on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">terms and conditions similar to those applying to the RSUs. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outstanding RSUs from 2022-2025 include 22,197 phantom shar<span class="_ _3"/>es </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 27,060).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The total intrinsic value of the phantom RSUs at year<span class="_ _0"/>-end </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts to less than 1 MEUR (2024: less than 1 MEUR), which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as a liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Share split in 2025</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As per 9 April 2025, the trading unit of the ROCKWOOL shares </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">listed on Nasdaq Copenhagen was changed from 10 DKK to 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">DKK. The number of RSUs have been restated accor<span class="_ _3"/>dingly.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted share units (RSUs)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:219.484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 305.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r-e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ave t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oll</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">owi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng ve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 217.797px; top: 19.4531px; width: 39.7148px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">esting</span><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: ff1; -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: 272.859px; top: 19.4531px; width: 56.2852px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 344.375px; top: 19.4531px; width: 56.2852px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 4.1875px; top: 31.4531px; width: 69.1875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of g</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 231.531px; top: 31.4531px; width: 22.1367px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">date</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 272.859px; top: 31.4531px; width: 52.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSUs 2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 344.375px; top: 31.4531px; width: 52.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSUs 2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 49.2891px; width: 392.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0, on</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">war</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">26.05.2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">92,720</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 67.8516px; width: 392.848px; white-space: pre; word-spacing: -0.147px; letter-spacing: 0.147px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2022</span><span style="word-spacing: -0.147px; letter-spacing: 0.147px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21.05.2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">92,590</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 86.4141px; width: 392.742px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20.05.2026</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">122,860</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">128,340</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 104.977px; width: 392.795px; white-space: pre; word-spacing: 0.1365px; letter-spacing: -0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">24</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 178.078px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25.05.2027</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">74,910</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">77,250</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 123.539px; width: 392.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024, s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ign</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n awa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.676px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">02.09.2027</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34,210</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34,210</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 142.102px; width: 393.129px; white-space: pre; word-spacing: -0.1155px; letter-spacing: 0.1155px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">23.05.2028</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81,543</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 286.203px; top: 165.656px; width: 111.293px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">313,523</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 31.9453px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">425,110</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 183.492px; width: 142.113px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Weight</span><span style="word-spacing: -0.2205px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed average rema</span><span style="word-spacing: -0.2205px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ining </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 195.492px; width: 173.889px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0525px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tu</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al li</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe o</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ou</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing R</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 207.492px; width: 392.771px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at year</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-en</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d (Year)</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 223.758px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1.3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1.3</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _1"/>f th<span class="_ _1"/>e num<span class="_ _1"/>be<span class="_ _1"/>r of R<span class="_ _1"/>SUs 6<span class="_ _3"/>1,87<span class="_ _3"/>1 b<span class="_ _1"/>el<span class="_ _1"/>ong t<span class="_ _1"/>o th<span class="_ _1"/>e Re<span class="_ _1"/>gis<span class="_ _1"/>t<span class="_ _1"/>ere<span class="_ _1"/>d Di<span class="_ _1"/>re<span class="_ _1"/>c<span class="_ _1"/>to<span class="_ _1"/>r<span class="_ _1"/>s and 2<span class="_ _1"/>5<span class="_ _3"/>1<span class="_ _3"/>,<span class="_ _1"/>652 to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ot<span class="_ _1"/>he<span class="_ _1"/>r se<span class="_ _1"/>nio<span class="_ _1"/>r ma<span class="_ _1"/>nag<span class="_ _1"/>er<span class="_ _1"/>s. I<span class="_ _1"/>n 20<span class="_ _1"/>24, 1<span class="_ _3"/>8<span class="_ _1"/>0,9<span class="_ _3"/>10 be<span class="_ _1"/>lo<span class="_ _1"/>nge<span class="_ _1"/>d to R<span class="_ _1"/>eg<span class="_ _1"/>is<span class="_ _1"/>te<span class="_ _1"/>re<span class="_ _1"/>d Dir<span class="_ _1"/>ec<span class="_ _2"/>tor<span class="_ _1"/>s an<span class="_ _1"/>d </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">244,<span class="_ _1"/>20<span class="_ _1"/>0 t<span class="_ _1"/>o ot<span class="_ _1"/>he<span class="_ _1"/>r se<span class="_ _1"/>nio<span class="_ _1"/>r ma<span class="_ _1"/>nag<span class="_ _1"/>er<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development in number of outstanding RSUs</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:103.703125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 296.266px; top: 0px; width: 96.4277px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 47.5373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 17.8359px; width: 392.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g RSU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1/</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">425,110</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.8554px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">386,670</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.3984px; width: 392.701px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Grante</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 250.904px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">91,515</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.8554px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">114,510</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 54.9766px; width: 392.631px; white-space: pre; word-spacing: 0.21px; letter-spacing: -0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ve</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">181,082</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">74,970</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.5391px; width: 392.83px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">For</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">feited</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 245.883px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22,020</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.8281px; width: 392.666px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.535px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">313,523</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">425,110</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e ave<span class="_ _1"/>ra<span class="_ _1"/>ge s<span class="_ _1"/>ha<span class="_ _1"/>re p<span class="_ _1"/>ri<span class="_ _1"/>ce at v<span class="_ _1"/>es<span class="_ _1"/>ti<span class="_ _1"/>ng d<span class="_ _1"/>ate w<span class="_ _1"/>as 3<span class="_ _1"/>0<span class="_ _1"/>8 E<span class="ls27 ws24">UR.</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.6 Employee benefit obligations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A number of the Group’<span class="_ _67"/>s employees and for<span class="_ _1"/>mer employees </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">participate in pension schemes. The pension schemes are primarily </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">defined contribution plans. However<span class="_ _ac"/>, defined benefit plans are also </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">used, mainly in Switzerland, the United Kingdom, and Germany.<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The benefit plans in the United Kingdom and Germany are closed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for new entries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Under a defined benefit plan the Group carries the risk associated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with the future development in e.g. inter<span class="_ _3"/>est rates, inflation, salaries, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">mortality and disability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined benefit plans typically guarantee the employees a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">retir<span class="_ _3"/>ement benefit based on the final salary at retirement.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The pension benefit plans in the United Kingdom and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Switzerland have assets placed in independent pension funds. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The remaining plans ar<span class="_ _3"/>e unfunded, where the main part relates<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to Germany. For these plans the retirement benefit obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount to approximately <span class="ws2">22 </span>percent (2024: 23 per<span class="_ _3"/>cent) of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">total gross liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Except for the Swiss and UK plans, the mentioned defined benefit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plans are not subject to r<span class="_ _3"/>egulatory requir<span class="_ _3"/>ements regarding minimum </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">funding. The granted pension payments of the mentioned defined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefit plans are based upon the salary of the participating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">employees during the period of employment. The Group’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contributions are derived fr<span class="_ _3"/>om the split of the pension premium </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">between the employee and employer<span class="_ _ac"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The actuarial assessment of the pension obligation is based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions specific to each country. The latest actuarial calculation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is prepar<span class="_ _3"/>ed by authorised experts. The valuation of the assets is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the composition and the expectations to the economic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development. The assumptions used are weighted averages. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The present value of defined benefit pension obligations depends </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on a number of factors that are determined on an actuarial basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">using a number of assumptions. Any changes to these assumptions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">will impact the carrying amount of pension obligations. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The discount rate and other key assumptions are based in part on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the current market conditions.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, a buy-in/buy-out process was initiated r<span class="_ _3"/>elated to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pension benefit plan in the United Kingdom. In November 2024, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the UK pension benefit plan was insured with Royal London (buy-in). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Next step is to convert the individual members pension to a direct </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insurance with Royal London (buy-out). Preparation work for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">buy-out process has been ongoing during 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Employee benefit obligations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pension payments concerning defined contribution plans are recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on an ongoing basis in the statement of profit and loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined benefit plans are stated at the net present value at the r<span class="_ _3"/>eporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date and included in the consolidated financial statements. Adjustments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the plans are carried out on a regular basis in accor<span class="_ _3"/>dance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">underlying actuarial assessments. Actuarial gains or losses for defined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefit plans are r<span class="_ _3"/>ecognised in full in the period in which they occur in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income. The actuarial assessment is carried out </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">every year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Funded benefit plans have assets placed in trustee-administered pension </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">funds, which are governed by local regulations and practice in each </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">country.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If a benefit plan constitutes a net asset, the net asset is recognised only </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the extent that it equals the value of future repayments or will lead to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduced futur<span class="_ _3"/>e payments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The payments to the pension funds are based on the usual actuarial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assessments and are r<span class="_ _3"/>ecognised in the statement of profit and loss after </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maturity. Provided that the actuarial assessments of pension obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">show noticeable excess solvency or insolvency in relation to the pension </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fund’<span class="_ _ac"/>s assets, the difference is entered to the statement of financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position and the future payments are adjusted accor<span class="_ _3"/>dingly. With regard </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to these schemes, the actuarial assessment is also carried out every year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pension costs</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:150.453125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 604.102px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 476.415px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.9375px; width: 133.775px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Defined contributi</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on plans:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.875px; width: 604.283px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">og</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ni</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 359.666px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">36</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.8281px; width: 108.475px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Defined benefit plans</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -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="position: absolute; display: inline-block; left: 0px; top: 79.0391px; width: 604.512px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pension</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cos</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 458.572px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 98.9766px; width: 604.494px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest costs</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 459.529px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 118.914px; width: 603.891px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 445.815px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 139.578px; width: 604.406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">og</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ni</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 365.408px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 68.1562px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2<span class="_ _1"/>025, t<span class="_ _1"/>he Gr<span class="_ _1"/>ou<span class="_ _1"/>p ex<span class="_ _1"/>pe<span class="_ _1"/>c<span class="_ _1"/>t<span class="_ _1"/>s to p<span class="_ _1"/>ay co<span class="_ _1"/>nt<span class="_ _1"/>r<span class="_ _1"/>ib<span class="_ _1"/>ut<span class="_ _1"/>ion<span class="_ _1"/>s of 4 ME<span class="_ _1"/>UR to d<span class="_ _1"/>ef<span class="_ _1"/>in<span class="_ _1"/>ed b<span class="_ _1"/>en<span class="_ _1"/>ef<span class="_ _1"/>it p<span class="_ _1"/>lan<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:113.255859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 191.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Defined benefit pension plans</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 22.6406px; width: 603.299px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.754px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2022</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2021</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 41.8516px; width: 603.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pre</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ent v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue of p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">si</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iab</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ili</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.103px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">193</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">200</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">198</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">177</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> 239</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 61.7891px; width: 603.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r val</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f pla</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.789px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-189</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-187</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-189</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-179</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-214</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 81.7266px; width: 603.117px; white-space: pre; word-spacing: -0.1365px; letter-spacing: 0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">set ceiling limi</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tatio</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 184.242px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">35</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 102.391px; width: 603.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pen</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">si</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ob</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ga</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n, n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.945px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> 35</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Key assumptions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:71.0859375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 603.428px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eighted average</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 418.511px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.2109px; width: 603.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">In</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eas</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e in s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d wag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 361.98px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1.6%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1.7%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.1484px; width: 603.398px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Discount r</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 442.267px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2.7%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.0859px; width: 603.328px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Remaining</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> life expect</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ancy at the</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> time of</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> retirement (years)</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 235.025px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined benefit pension obligations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:190.328125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 603.264px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 475.575px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.2109px; width: 603.234px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Obligations 1/</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 437.625px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">200</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">198</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.1484px; width: 603.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 385.98px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.0859px; width: 603.656px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pension costs</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 457.616px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 79.0234px; width: 603.539px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest costs</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 458.572px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 98.9766px; width: 603.445px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Act</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uarial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> gains/los</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ses from changes</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> in demographic assumptions</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 208.506px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 118.914px; width: 603.639px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Act</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uarial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> gains/los</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ses from changes</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> in financial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> assumptions</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 138.852px; width: 603.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ua</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al ga</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s/</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ha</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s in e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 280.957px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 158.789px; width: 603.24px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Benefit</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s paid</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 456.022px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-9</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-11</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 179.453px; width: 603.018px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 419.595px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">193</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.0998px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">200</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e wei<span class="_ _1"/>gh<span class="_ _1"/>te<span class="_ _1"/>d aver<span class="_ _1"/>a<span class="_ _1"/>ge ex<span class="_ _1"/>p<span class="_ _1"/>ec<span class="_ _1"/>t<span class="_ _1"/>ed d<span class="_ _1"/>ur<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n of t<span class="_ _1"/>he d<span class="_ _1"/>ef<span class="_ _1"/>ine<span class="_ _1"/>d b<span class="_ _1"/>en<span class="_ _1"/>ef<span class="_ _1"/>it o<span class="_ _1"/>bli<span class="_ _1"/>gat<span class="_ _1"/>io<span class="_ _1"/>ns i<span class="_ _1"/>s <span class="ls53 ws50">13<span class="_ _1"/> y<span class="_ _1"/>e<span class="_ _1"/>a<span class="_ _1"/>r<span class="_ _2"/>s<span class="_ _1"/></span> (2<span class="_ _1"/>024: 1<span class="_ _3"/>4 yea<span class="_ _1"/>r<span class="_ _1"/>s).</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;position:relative;height:85.0390625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 576.598px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Assumptions</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Discount rate</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Salary increase</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Life expectancy</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 234.641px; top: 15.9531px; width: 369.75px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">+1.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">+1.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1 year</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 33.4512px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">+1 year</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 34.0312px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 52.8359px; width: 603.826px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">5 - Im</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t on ob</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.793px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-21</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 59.9239px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.0391px; width: 603.844px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 - I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ob</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lig</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ion</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.793px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-23</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 59.9239px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">4</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e se<span class="_ _1"/>ns<span class="_ _1"/>it<span class="_ _1"/>iv<span class="_ _1"/>it<span class="_ _1"/>y a<span class="_ _1"/>nal<span class="_ _1"/>ys<span class="_ _1"/>is a<span class="_ _1"/>bov<span class="_ _1"/>e has b<span class="_ _1"/>ee<span class="_ _1"/>n d<span class="_ _1"/>ete<span class="_ _1"/>r<span class="_ _1"/>min<span class="_ _1"/>ed b<span class="_ _1"/>as<span class="_ _1"/>ed o<span class="_ _1"/>n a me<span class="_ _1"/>th<span class="_ _1"/>od t<span class="_ _1"/>ha<span class="_ _1"/>t ex<span class="_ _1"/>t<span class="_ _1"/>ra<span class="_ _1"/>po<span class="_ _1"/>la<span class="_ _1"/>tes t<span class="_ _1"/>he i<span class="_ _1"/>mp<span class="_ _1"/>ac<span class="_ _1"/>t o<span class="_ _1"/>n t<span class="_ _1"/>he de<span class="_ _1"/>fi<span class="_ _1"/>ne<span class="_ _1"/>d be<span class="_ _1"/>ne<span class="_ _1"/>fi<span class="_ _1"/>t </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ob<span class="_ _1"/>lig<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n as a re<span class="_ _1"/>su<span class="_ _1"/>lt o<span class="_ _1"/>f rea<span class="_ _1"/>so<span class="_ _1"/>na<span class="_ _1"/>bl<span class="_ _1"/>e cha<span class="_ _1"/>ng<span class="_ _1"/>es i<span class="_ _1"/>n key as<span class="_ _1"/>s<span class="_ _1"/>um<span class="_ _1"/>pti<span class="_ _1"/>on<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pension plan assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:163.4375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 17.2734px; width: 397.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 193.94px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">187</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">189</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 35.2734px; width: 397.635px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 182.684px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 53.2734px; width: 397.67px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 242.062px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.8516px; width: 397.236px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Return on plan assets</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 94.4453px; width: 397.529px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Employer’s</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> contrib</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ution</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 112.445px; width: 397.67px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Participant</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">’</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s contribution</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 195.217px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 130.445px; width: 397.254px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Benefit</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s paid</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 250.23px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-9</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 152.562px; width: 397.049px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pen</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">si</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts 31/12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 173.092px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">189</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.0998px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">187</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Composition of pension plan assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:130.9140625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.9375px; width: 158.027px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s q</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uote</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d in a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rke</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.1641px; width: 397.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Equ</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s in Eu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rop</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rke</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 163.166px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">28%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">26%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.1016px; width: 397.494px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s in Eu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ket</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.789px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 79.7656px; width: 85.6582px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Asset</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s unquo</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ted:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 98.9766px; width: 397.084px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 285.147px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 118.914px; width: 303.422px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 275.016px; font-size: 10.5px; font-family: ff2; -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: 303.422px; top: 118.914px; width: 19.166px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">56%</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 322.588px; top: 118.914px; width: 55.7578px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 378.346px; top: 118.914px; width: 19.166px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">59%</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.2 Employee benefits expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration of Group Management (key management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">personnel) complies with the principles of the Group’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration Policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The variable part of the total remuneration, measur<span class="_ _3"/>ed as short-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term incentive maximum and annual long-ter<span class="_ _1"/>m incentive grant, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">can be maximum 50 percent of the total r<span class="_ _3"/>emuneration. The short-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term incentive (bonus) is dependent on achievement of individual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">targets and tar<span class="_ _3"/>gets for the Group’<span class="_ _67"/>s financial perfor<span class="_ _1"/>mance, which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are annually appr<span class="_ _3"/>oved by the Remuneration Committee. In </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">addition, pension and other benefits are of<span class="_ _3"/>fered in line with market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">practice with a total value not exceeding 20 percent of base salary.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The individual remuneration elements of each Register<span class="_ _3"/>ed Director </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are disclosed in the annual Remuneration Report. Resignation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs related to the departur<span class="_ _3"/>e of the for<span class="_ _1"/>mer CEO of 3 MEUR were </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">included in 2024. There was no r<span class="_ _3"/>esignation costs related to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Registered Dir<span class="_ _3"/>ectors in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration to Group Management, Register<span class="_ _3"/>ed Directors and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Board of Dir<span class="_ _3"/>ectors</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Personnel<span class="_ _3"/> costs include the<span class="_ _3"/> following<span class="_ _3"/> to Gr<span class="_ _3"/>oup Management<span class="_ _3"/>, Registered<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:357.703125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 162.258px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Directors and Boar</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Direc</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 20.3125px; width: 30.3405px; white-space: pre; word-spacing: -0.0847381px; letter-spacing: 0.0847381px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 294.953px; top: 20.3125px; width: 99.6445px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 50.754px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 38.875px; width: 100.857px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Group</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px 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: 4.34375px; top: 56.7109px; width: 180.411px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r be</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 68.7266px; width: 64.9012px; white-space: pre; word-spacing: -0.190661px; letter-spacing: 0.190661px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 313.422px; top: 68.7266px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 87.2891px; width: 195.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Res</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ig</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t to Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p Ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 315.641px; top: 87.2891px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 105.852px; width: 203.523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Valu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d RSU c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s or f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lue </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 117.852px; width: 174.654px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Gro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">up M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ana</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 117.852px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 136.43px; width: 176.345px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t to Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p Man</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 313.422px; top: 136.43px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 155.719px; width: 147.299px; white-space: pre; word-spacing: -0.243622px; letter-spacing: 0.243622px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tal to</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Group Management</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 307.172px; top: 155.719px; width: 87.4629px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 174.281px; width: 141.482px; white-space: pre; word-spacing: -0.264807px; letter-spacing: 0.264807px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Registered Dir</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 192.133px; width: 219.074px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof remuneration</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> to Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 192.133px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 210.695px; width: 231.203px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof resignati</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on cost to R</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">egistered Direc</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 315.641px; top: 210.695px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 229.258px; width: 233.934px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">He</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">of va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d RSU c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t or f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lue </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 241.273px; width: 176.622px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">adjustment</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s to</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 241.258px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 259.836px; width: 215.344px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof pension</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cost to Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 315.641px; top: 259.836px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 279.125px; width: 151.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l to R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eg</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">is</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ir</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 279.125px; width: 81.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 4.34375px; top: 297.688px; width: 92.1208px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ire</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 315.539px; width: 174.122px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mun</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n to B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ire</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 315.539px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 334.828px; width: 228.88px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ota</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l remuner</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ation to R</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">egistered Directors </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 346.828px; width: 118.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rd o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 346.828px; width: 81.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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;">2.3 Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted Share Units</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted Share Units (RSUs) will be subject to a vesting period of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">three years. After the vesting period the shar<span class="_ _3"/>es are transferred to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">participants without payment, subject to continued employment with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group in the vesting period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The RSUs repr<span class="_ _3"/>esent the employee’<span class="_ _ac"/>s right to shares but do not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carry voting rights nor have any tangible value before the RSUs ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exercised and become actual B shar<span class="_ _3"/>es of ROCKWOOL A/S. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">te<span class="_ _1"/>r<span class="_ _1"/>ms<span class="_ _1"/> o<span class="_ _1"/>f t<span class="_ _1"/>he<span class="_ _1"/> sh<span class="_ _1"/>ar<span class="_ _1"/>e i<span class="_ _1"/>nc<span class="_ _1"/>en<span class="_ _1"/>ti<span class="_ _1"/>v<span class="_ _1"/>e m<span class="_ _1"/>ay<span class="_ _1"/> provide <span class="_ _3"/>that shares <span class="_ _3"/>may be <span class="_ _3"/>settled<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in cash in which case, the related pr<span class="_ _3"/>ovision equals the share price at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time of vesting.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The estimated fair value of RSUs granted in 2025 was 3 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 4 MEUR) at grant date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2025, 3 MEUR was expensed related to the RSUs (2024: 3 MEUR), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of which 3 MEUR (2024: 3 MEUR) was recognised in employee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits expenses. In 2025, the fair value adjustment under finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenses was close to zero (2024: close to zer<span class="_ _3"/>o).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There wer<span class="_ _3"/>e no outstanding stock options in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>wo different share-based incentive pr<span class="_ _3"/>ogrammes have been established: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A stock option programme and a restricted shar<span class="_ _3"/>e programme (RSUs). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Both programmes are classified as equity based, as they ar<span class="_ _3"/>e settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares. Due to local rules, a minor part of both programmes is given as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">phantom shares and is classified as cash-based, as they are settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash. The programmes ar<span class="_ _3"/>e offered to Group Management and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">senior executives. The incentive programmes are part of the variable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">part of the remuneration and follows the Group’<span class="_ _ac"/>s remuneration policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Participation in the programmes are at the Remuneration Committees </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discretion and no individual has a contractual right to participate or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receive any guaranteed benefit.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When RSUs are issued, the value of the RSUs at grant date is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in employee benefits expenses in the statement of profit and loss and in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equity over the three-year vesting period. On initial recognition of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RSUs, the number of RSUs expected to vest is estimated. Subsequently, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the estimate is revised so the total cost recognised is based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">actual number of RSUs vested. The fair value of RSUs is determined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the quoted share price at grant adjusted for expected dividend </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payout (based on historic dividend payout ratio). The participants are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">compensated for any dividend payment by receiving additional RSUs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A minor part of the RSUs is given as phantom shares (cash-based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">programme) and ar<span class="_ _3"/>e after initial recognition adjusted to fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">through finance expenses in the statement of profit and loss against a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related pr<span class="_ _3"/>ovision.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash-settled programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cash-settled programmes consist of phantom shar<span class="_ _3"/>es granted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">during the years 2022-2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The employees granted the phantom shares participate on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">terms and conditions similar to those applying to the RSUs. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outstanding RSUs from 2022-2025 include 22,197 phantom shar<span class="_ _3"/>es </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 27,060).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The total intrinsic value of the phantom RSUs at year<span class="_ _0"/>-end </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts to less than 1 MEUR (2024: less than 1 MEUR), which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as a liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Share split in 2025</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As per 9 April 2025, the trading unit of the ROCKWOOL shares </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">listed on Nasdaq Copenhagen was changed from 10 DKK to 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">DKK. The number of RSUs have been restated accor<span class="_ _3"/>dingly.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted share units (RSUs)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:219.484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 305.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r-e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ave t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oll</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">owi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng ve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 217.797px; top: 19.4531px; width: 39.7148px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">esting</span><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: ff1; -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: 272.859px; top: 19.4531px; width: 56.2852px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 344.375px; top: 19.4531px; width: 56.2852px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 4.1875px; top: 31.4531px; width: 69.1875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of g</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 231.531px; top: 31.4531px; width: 22.1367px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">date</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 272.859px; top: 31.4531px; width: 52.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSUs 2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 344.375px; top: 31.4531px; width: 52.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSUs 2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 49.2891px; width: 392.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0, on</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">war</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">26.05.2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">92,720</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 67.8516px; width: 392.848px; white-space: pre; word-spacing: -0.147px; letter-spacing: 0.147px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2022</span><span style="word-spacing: -0.147px; letter-spacing: 0.147px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21.05.2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">92,590</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 86.4141px; width: 392.742px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20.05.2026</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">122,860</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">128,340</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 104.977px; width: 392.795px; white-space: pre; word-spacing: 0.1365px; letter-spacing: -0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">24</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 178.078px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25.05.2027</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">74,910</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">77,250</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 123.539px; width: 392.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024, s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ign</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n awa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.676px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">02.09.2027</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34,210</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34,210</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 142.102px; width: 393.129px; white-space: pre; word-spacing: -0.1155px; letter-spacing: 0.1155px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">23.05.2028</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81,543</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 286.203px; top: 165.656px; width: 111.293px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">313,523</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 31.9453px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">425,110</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 183.492px; width: 142.113px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Weight</span><span style="word-spacing: -0.2205px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed average rema</span><span style="word-spacing: -0.2205px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ining </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 195.492px; width: 173.889px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0525px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tu</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al li</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe o</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ou</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing R</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 207.492px; width: 392.771px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at year</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-en</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d (Year)</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 223.758px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1.3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1.3</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _1"/>f th<span class="_ _1"/>e num<span class="_ _1"/>be<span class="_ _1"/>r of R<span class="_ _1"/>SUs 6<span class="_ _3"/>1,87<span class="_ _3"/>1 b<span class="_ _1"/>el<span class="_ _1"/>ong t<span class="_ _1"/>o th<span class="_ _1"/>e Re<span class="_ _1"/>gis<span class="_ _1"/>t<span class="_ _1"/>ere<span class="_ _1"/>d Di<span class="_ _1"/>re<span class="_ _1"/>c<span class="_ _1"/>to<span class="_ _1"/>r<span class="_ _1"/>s and 2<span class="_ _1"/>5<span class="_ _3"/>1<span class="_ _3"/>,<span class="_ _1"/>652 to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ot<span class="_ _1"/>he<span class="_ _1"/>r se<span class="_ _1"/>nio<span class="_ _1"/>r ma<span class="_ _1"/>nag<span class="_ _1"/>er<span class="_ _1"/>s. I<span class="_ _1"/>n 20<span class="_ _1"/>24, 1<span class="_ _3"/>8<span class="_ _1"/>0,9<span class="_ _3"/>10 be<span class="_ _1"/>lo<span class="_ _1"/>nge<span class="_ _1"/>d to R<span class="_ _1"/>eg<span class="_ _1"/>is<span class="_ _1"/>te<span class="_ _1"/>re<span class="_ _1"/>d Dir<span class="_ _1"/>ec<span class="_ _2"/>tor<span class="_ _1"/>s an<span class="_ _1"/>d </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">244,<span class="_ _1"/>20<span class="_ _1"/>0 t<span class="_ _1"/>o ot<span class="_ _1"/>he<span class="_ _1"/>r se<span class="_ _1"/>nio<span class="_ _1"/>r ma<span class="_ _1"/>nag<span class="_ _1"/>er<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development in number of outstanding RSUs</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:103.703125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 296.266px; top: 0px; width: 96.4277px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 47.5373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 17.8359px; width: 392.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g RSU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1/</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">425,110</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.8554px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">386,670</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.3984px; width: 392.701px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Grante</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 250.904px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">91,515</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.8554px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">114,510</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 54.9766px; width: 392.631px; white-space: pre; word-spacing: 0.21px; letter-spacing: -0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ve</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">181,082</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">74,970</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.5391px; width: 392.83px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">For</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">feited</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 245.883px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22,020</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.8281px; width: 392.666px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.535px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">313,523</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">425,110</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e ave<span class="_ _1"/>ra<span class="_ _1"/>ge s<span class="_ _1"/>ha<span class="_ _1"/>re p<span class="_ _1"/>ri<span class="_ _1"/>ce at v<span class="_ _1"/>es<span class="_ _1"/>ti<span class="_ _1"/>ng d<span class="_ _1"/>ate w<span class="_ _1"/>as 3<span class="_ _1"/>0<span class="_ _1"/>8 E<span class="ls27 ws24">UR.</span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.2 Employee benefits expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration of Group Management (key management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">personnel) complies with the principles of the Group’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration Policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The variable part of the total remuneration, measur<span class="_ _3"/>ed as short-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term incentive maximum and annual long-ter<span class="_ _1"/>m incentive grant, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">can be maximum 50 percent of the total r<span class="_ _3"/>emuneration. The short-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term incentive (bonus) is dependent on achievement of individual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">targets and tar<span class="_ _3"/>gets for the Group’<span class="_ _67"/>s financial perfor<span class="_ _1"/>mance, which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are annually appr<span class="_ _3"/>oved by the Remuneration Committee. In </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">addition, pension and other benefits are of<span class="_ _3"/>fered in line with market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">practice with a total value not exceeding 20 percent of base salary.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The individual remuneration elements of each Register<span class="_ _3"/>ed Director </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are disclosed in the annual Remuneration Report. Resignation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs related to the departur<span class="_ _3"/>e of the for<span class="_ _1"/>mer CEO of 3 MEUR were </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">included in 2024. There was no r<span class="_ _3"/>esignation costs related to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Registered Dir<span class="_ _3"/>ectors in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Remuneration to Group Management, Register<span class="_ _3"/>ed Directors and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Board of Dir<span class="_ _3"/>ectors</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Personnel<span class="_ _3"/> costs include the<span class="_ _3"/> following<span class="_ _3"/> to Gr<span class="_ _3"/>oup Management<span class="_ _3"/>, Registered<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:357.703125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 162.258px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Directors and Boar</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Direc</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors:</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 20.3125px; width: 30.3405px; white-space: pre; word-spacing: -0.0847381px; letter-spacing: 0.0847381px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 294.953px; top: 20.3125px; width: 99.6445px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 50.754px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 38.875px; width: 100.857px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Group</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px 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: 4.34375px; top: 56.7109px; width: 180.411px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r be</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 68.7266px; width: 64.9012px; white-space: pre; word-spacing: -0.190661px; letter-spacing: 0.190661px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 313.422px; top: 68.7266px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 87.2891px; width: 195.555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Res</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ig</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t to Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p Ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 315.641px; top: 87.2891px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 105.852px; width: 203.523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Valu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d RSU c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s or f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lue </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 117.852px; width: 174.654px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Gro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">up M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ana</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 117.852px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 136.43px; width: 176.345px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t to Gr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p Man</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 313.422px; top: 136.43px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 155.719px; width: 147.299px; white-space: pre; word-spacing: -0.243622px; letter-spacing: 0.243622px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tal to</span><span style="word-spacing: -0.243622px; letter-spacing: 0.243622px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Group Management</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 307.172px; top: 155.719px; width: 87.4629px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 4.34375px; top: 174.281px; width: 141.482px; white-space: pre; word-spacing: -0.264807px; letter-spacing: 0.264807px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Registered Dir</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: -0.264807px; letter-spacing: 0.264807px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 192.133px; width: 219.074px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof remuneration</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> to Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 192.133px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 210.695px; width: 231.203px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof resignati</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on cost to R</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">egistered Direc</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 315.641px; top: 210.695px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 229.258px; width: 233.934px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">He</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">of va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d RSU c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t or f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lue </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 241.273px; width: 176.622px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">adjustment</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s to</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 241.258px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 259.836px; width: 215.344px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof pension</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cost to Registered Directors</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 315.641px; top: 259.836px; width: 78.8086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 279.125px; width: 151.738px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l to R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eg</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">is</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ir</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 279.125px; width: 81.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 4.34375px; top: 297.688px; width: 92.1208px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ire</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff3; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 315.539px; width: 174.122px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mun</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n to B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d of D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ire</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 315.539px; width: 81.1523px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 334.828px; width: 228.88px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ota</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l remuner</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ation to R</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">egistered Directors </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.34375px; top: 346.828px; width: 118.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rd o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.422px; top: 346.828px; width: 81.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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;">2.3 Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted Share Units</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted Share Units (RSUs) will be subject to a vesting period of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">three years. After the vesting period the shar<span class="_ _3"/>es are transferred to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">participants without payment, subject to continued employment with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group in the vesting period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The RSUs repr<span class="_ _3"/>esent the employee’<span class="_ _ac"/>s right to shares but do not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carry voting rights nor have any tangible value before the RSUs ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exercised and become actual B shar<span class="_ _3"/>es of ROCKWOOL A/S. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">te<span class="_ _1"/>r<span class="_ _1"/>ms<span class="_ _1"/> o<span class="_ _1"/>f t<span class="_ _1"/>he<span class="_ _1"/> sh<span class="_ _1"/>ar<span class="_ _1"/>e i<span class="_ _1"/>nc<span class="_ _1"/>en<span class="_ _1"/>ti<span class="_ _1"/>v<span class="_ _1"/>e m<span class="_ _1"/>ay<span class="_ _1"/> provide <span class="_ _3"/>that shares <span class="_ _3"/>may be <span class="_ _3"/>settled<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in cash in which case, the related pr<span class="_ _3"/>ovision equals the share price at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time of vesting.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The estimated fair value of RSUs granted in 2025 was 3 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 4 MEUR) at grant date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2025, 3 MEUR was expensed related to the RSUs (2024: 3 MEUR), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of which 3 MEUR (2024: 3 MEUR) was recognised in employee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits expenses. In 2025, the fair value adjustment under finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenses was close to zero (2024: close to zer<span class="_ _3"/>o).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There wer<span class="_ _3"/>e no outstanding stock options in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>wo different share-based incentive pr<span class="_ _3"/>ogrammes have been established: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A stock option programme and a restricted shar<span class="_ _3"/>e programme (RSUs). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Both programmes are classified as equity based, as they ar<span class="_ _3"/>e settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares. Due to local rules, a minor part of both programmes is given as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">phantom shares and is classified as cash-based, as they are settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash. The programmes ar<span class="_ _3"/>e offered to Group Management and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">senior executives. The incentive programmes are part of the variable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">part of the remuneration and follows the Group’<span class="_ _ac"/>s remuneration policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Participation in the programmes are at the Remuneration Committees </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discretion and no individual has a contractual right to participate or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receive any guaranteed benefit.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When RSUs are issued, the value of the RSUs at grant date is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in employee benefits expenses in the statement of profit and loss and in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equity over the three-year vesting period. On initial recognition of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RSUs, the number of RSUs expected to vest is estimated. Subsequently, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the estimate is revised so the total cost recognised is based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">actual number of RSUs vested. The fair value of RSUs is determined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the quoted share price at grant adjusted for expected dividend </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payout (based on historic dividend payout ratio). The participants are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">compensated for any dividend payment by receiving additional RSUs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A minor part of the RSUs is given as phantom shares (cash-based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">programme) and ar<span class="_ _3"/>e after initial recognition adjusted to fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">through finance expenses in the statement of profit and loss against a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related pr<span class="_ _3"/>ovision.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash-settled programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cash-settled programmes consist of phantom shar<span class="_ _3"/>es granted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">during the years 2022-2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The employees granted the phantom shares participate on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">terms and conditions similar to those applying to the RSUs. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outstanding RSUs from 2022-2025 include 22,197 phantom shar<span class="_ _3"/>es </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 27,060).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The total intrinsic value of the phantom RSUs at year<span class="_ _0"/>-end </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts to less than 1 MEUR (2024: less than 1 MEUR), which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as a liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Share split in 2025</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As per 9 April 2025, the trading unit of the ROCKWOOL shares </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">listed on Nasdaq Copenhagen was changed from 10 DKK to 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">DKK. The number of RSUs have been restated accor<span class="_ _3"/>dingly.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted share units (RSUs)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:219.484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 305.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r-e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ave t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oll</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">owi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng ve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 217.797px; top: 19.4531px; width: 39.7148px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">esting</span><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: ff1; -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: 272.859px; top: 19.4531px; width: 56.2852px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 344.375px; top: 19.4531px; width: 56.2852px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 4.1875px; top: 31.4531px; width: 69.1875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of g</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 231.531px; top: 31.4531px; width: 22.1367px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">date</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 272.859px; top: 31.4531px; width: 52.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSUs 2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 344.375px; top: 31.4531px; width: 52.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSUs 2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 49.2891px; width: 392.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0, on</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">war</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">26.05.2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">92,720</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 67.8516px; width: 392.848px; white-space: pre; word-spacing: -0.147px; letter-spacing: 0.147px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2022</span><span style="word-spacing: -0.147px; letter-spacing: 0.147px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21.05.2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">92,590</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 86.4141px; width: 392.742px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20.05.2026</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">122,860</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">128,340</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 104.977px; width: 392.795px; white-space: pre; word-spacing: 0.1365px; letter-spacing: -0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">24</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 178.078px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25.05.2027</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">74,910</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">77,250</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 123.539px; width: 392.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024, s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ign</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n awa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.676px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">02.09.2027</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34,210</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34,210</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 142.102px; width: 393.129px; white-space: pre; word-spacing: -0.1155px; letter-spacing: 0.1155px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">23.05.2028</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81,543</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 286.203px; top: 165.656px; width: 111.293px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">313,523</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 31.9453px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">425,110</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 183.492px; width: 142.113px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Weight</span><span style="word-spacing: -0.2205px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed average rema</span><span style="word-spacing: -0.2205px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ining </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 195.492px; width: 173.889px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0525px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tu</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al li</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe o</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ou</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing R</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 207.492px; width: 392.771px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at year</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-en</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d (Year)</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 223.758px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1.3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1.3</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _1"/>f th<span class="_ _1"/>e num<span class="_ _1"/>be<span class="_ _1"/>r of R<span class="_ _1"/>SUs 6<span class="_ _3"/>1,87<span class="_ _3"/>1 b<span class="_ _1"/>el<span class="_ _1"/>ong t<span class="_ _1"/>o th<span class="_ _1"/>e Re<span class="_ _1"/>gis<span class="_ _1"/>t<span class="_ _1"/>ere<span class="_ _1"/>d Di<span class="_ _1"/>re<span class="_ _1"/>c<span class="_ _1"/>to<span class="_ _1"/>r<span class="_ _1"/>s and 2<span class="_ _1"/>5<span class="_ _3"/>1<span class="_ _3"/>,<span class="_ _1"/>652 to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ot<span class="_ _1"/>he<span class="_ _1"/>r se<span class="_ _1"/>nio<span class="_ _1"/>r ma<span class="_ _1"/>nag<span class="_ _1"/>er<span class="_ _1"/>s. I<span class="_ _1"/>n 20<span class="_ _1"/>24, 1<span class="_ _3"/>8<span class="_ _1"/>0,9<span class="_ _3"/>10 be<span class="_ _1"/>lo<span class="_ _1"/>nge<span class="_ _1"/>d to R<span class="_ _1"/>eg<span class="_ _1"/>is<span class="_ _1"/>te<span class="_ _1"/>re<span class="_ _1"/>d Dir<span class="_ _1"/>ec<span class="_ _2"/>tor<span class="_ _1"/>s an<span class="_ _1"/>d </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">244,<span class="_ _1"/>20<span class="_ _1"/>0 t<span class="_ _1"/>o ot<span class="_ _1"/>he<span class="_ _1"/>r se<span class="_ _1"/>nio<span class="_ _1"/>r ma<span class="_ _1"/>nag<span class="_ _1"/>er<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development in number of outstanding RSUs</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:103.703125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 296.266px; top: 0px; width: 96.4277px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 47.5373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 17.8359px; width: 392.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g RSU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1/</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">425,110</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.8554px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">386,670</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.3984px; width: 392.701px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Grante</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 250.904px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">91,515</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.8554px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">114,510</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 54.9766px; width: 392.631px; white-space: pre; word-spacing: 0.21px; letter-spacing: -0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ve</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">181,082</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">74,970</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.5391px; width: 392.83px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">For</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">feited</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 245.883px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22,020</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.8281px; width: 392.666px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.535px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">313,523</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">425,110</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e ave<span class="_ _1"/>ra<span class="_ _1"/>ge s<span class="_ _1"/>ha<span class="_ _1"/>re p<span class="_ _1"/>ri<span class="_ _1"/>ce at v<span class="_ _1"/>es<span class="_ _1"/>ti<span class="_ _1"/>ng d<span class="_ _1"/>ate w<span class="_ _1"/>as 3<span class="_ _1"/>0<span class="_ _1"/>8 E<span class="ls27 ws24">UR.</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.3 Related parties</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At 31 December 2025, treasury shar<span class="_ _3"/>es accounted for 2.2 percent (2024: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.2 percent) of the shar<span class="_ _3"/>e capital, see note 5.6.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s related parties comprise the Company’<span class="_ _67"/>s shareholders, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the ROCKWOOL Foundation, the Company’<span class="_ _ac"/>s Board of Dir<span class="_ _3"/>ectors </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Management and associates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2025, as well as in 2024, no shares wer<span class="_ _3"/>e purchased from major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shareholders.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Apart from dividends and the pur<span class="_ _3"/>chase of treasury shares, no </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">transactions were carried out with the shar<span class="_ _3"/>eholders during the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">year<span class="_ _ac"/>. For transactions with the Board of Directors and Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management, please refer to note 2.2 and note 2.3.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:85.248046875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 207.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -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: -1.50165px; width: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ransactions with related parties</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 20.3125px; width: 395.109px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 304.74px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 13.9219px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 44.4844px; width: 139.16px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.1785px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: -0.2205px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nsactions with associates:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 58.6641px; width: 395.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">les t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 257.068px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">36</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 26.3262px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.2578px; width: 395.619px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an to a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">so</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ci</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 263.906px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 31.3594px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Benefits expenses own workforce</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:172.1953125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 30.3405px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 307.922px; top: 0px; width: 82.3418px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 33.4512px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 18.2109px; width: 179.56px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ala</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n wor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 316.594px; top: 18.2109px; width: 74.2676px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">789</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">733</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.7891px; width: 153.233px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.875px; top: 36.7891px; width: 63.9609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 55.3516px; width: 61.5557px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pension</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cos</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 320.469px; top: 55.3516px; width: 69.2168px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 47.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">36</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.9141px; width: 123.572px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other social security cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 316.594px; top: 73.9141px; width: 74.2676px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">111</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">102</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.4922px; width: 236.789px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capit</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alised salaries included in</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Intangible ass</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 323.438px; top: 92.4922px; width: 66.6445px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 111.055px; width: 251.324px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capitalised salaries included in</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Proper</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, plant and</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 123.055px; width: 53.3987px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 317.875px; top: 123.055px; width: 71.8418px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-20</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 142.344px; width: 173.324px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Own workforce</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> benefit exp</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">enses</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.188px; top: 142.344px; width: 76.4648px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">915</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 39.7969px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">852</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 160.195px; width: 236.564px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ave</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">um</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">be</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r of em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oye</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n wor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 301.453px; top: 160.195px; width: 87.4043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span class="pp-font-color-override-2" style="letter-spacing: -0.42px; word-spacing: 0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);">12,732</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="letter-spacing: -0.42px; word-spacing: 0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);">12,174</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Benefits expenses own workforce</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:172.1953125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 30.3405px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 307.922px; top: 0px; width: 82.3418px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 33.4512px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 18.2109px; width: 179.56px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ala</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n wor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 316.594px; top: 18.2109px; width: 74.2676px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">789</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">733</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.7891px; width: 153.233px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.875px; top: 36.7891px; width: 63.9609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 55.3516px; width: 61.5557px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pension</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cos</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 320.469px; top: 55.3516px; width: 69.2168px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 47.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">36</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.9141px; width: 123.572px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other social security cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 316.594px; top: 73.9141px; width: 74.2676px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">111</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">102</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.4922px; width: 236.789px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capit</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alised salaries included in</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Intangible ass</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 323.438px; top: 92.4922px; width: 66.6445px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 111.055px; width: 251.324px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capitalised salaries included in</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Proper</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, plant and</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 123.055px; width: 53.3987px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 317.875px; top: 123.055px; width: 71.8418px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-20</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 142.344px; width: 173.324px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Own workforce</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> benefit exp</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">enses</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.188px; top: 142.344px; width: 76.4648px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">915</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 39.7969px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">852</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 160.195px; width: 236.564px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ave</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">um</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">be</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r of em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oye</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n wor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 301.453px; top: 160.195px; width: 87.4043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span class="pp-font-color-override-2" style="letter-spacing: -0.42px; word-spacing: 0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);">12,732</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="letter-spacing: -0.42px; word-spacing: 0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);">12,174</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Benefits expenses own workforce</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:172.1953125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 30.3405px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 307.922px; top: 0px; width: 82.3418px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 33.4512px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 18.2109px; width: 179.56px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ala</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n wor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 316.594px; top: 18.2109px; width: 74.2676px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">789</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">733</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.7891px; width: 153.233px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.875px; top: 36.7891px; width: 63.9609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 55.3516px; width: 61.5557px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pension</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cos</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 320.469px; top: 55.3516px; width: 69.2168px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 47.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">36</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.9141px; width: 123.572px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other social security cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 316.594px; top: 73.9141px; width: 74.2676px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">111</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">102</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.4922px; width: 236.789px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capit</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alised salaries included in</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Intangible ass</span><span style="word-spacing: -0.201253px; letter-spacing: 0.201253px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 323.438px; top: 92.4922px; width: 66.6445px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 111.055px; width: 251.324px; white-space: pre; word-spacing: -0.222437px; letter-spacing: 0.222437px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Capitalised salaries included in</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Proper</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -1.09554px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, plant and</span><span style="word-spacing: -0.222437px; letter-spacing: 0.222437px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 123.055px; width: 53.3987px; white-space: pre; word-spacing: -0.201253px; letter-spacing: 0.201253px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 317.875px; top: 123.055px; width: 71.8418px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-20</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 142.344px; width: 173.324px; white-space: pre; word-spacing: -0.275399px; letter-spacing: 0.275399px; margin-left: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Own workforce</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> benefit exp</span><span style="word-spacing: -0.275399px; letter-spacing: 0.275399px; display: inline-block; margin-left: -0.600732px; width: 0px; font-size: 10.5923px; font-family: ff1; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">enses</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 313.188px; top: 142.344px; width: 76.4648px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">915</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 39.7969px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">852</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 160.195px; width: 236.564px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ave</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">um</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">be</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r of em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oye</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n wor</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px 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: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.48469px; font-size: 10.5923px; font-family: ff2; -webkit-text-stroke: 0.158884px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 301.453px; top: 160.195px; width: 87.4043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span class="pp-font-color-override-2" style="letter-spacing: -0.42px; word-spacing: 0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);">12,732</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 28.2246px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="letter-spacing: -0.42px; word-spacing: 0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);">12,174</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2.3 Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted Share Units</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted Share Units (RSUs) will be subject to a vesting period of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">three years. After the vesting period the shar<span class="_ _3"/>es are transferred to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">participants without payment, subject to continued employment with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group in the vesting period.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The RSUs repr<span class="_ _3"/>esent the employee’<span class="_ _ac"/>s right to shares but do not </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">carry voting rights nor have any tangible value before the RSUs ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exercised and become actual B shar<span class="_ _3"/>es of ROCKWOOL A/S. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">te<span class="_ _1"/>r<span class="_ _1"/>ms<span class="_ _1"/> o<span class="_ _1"/>f t<span class="_ _1"/>he<span class="_ _1"/> sh<span class="_ _1"/>ar<span class="_ _1"/>e i<span class="_ _1"/>nc<span class="_ _1"/>en<span class="_ _1"/>ti<span class="_ _1"/>v<span class="_ _1"/>e m<span class="_ _1"/>ay<span class="_ _1"/> provide <span class="_ _3"/>that shares <span class="_ _3"/>may be <span class="_ _3"/>settled<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in cash in which case, the related pr<span class="_ _3"/>ovision equals the share price at the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">time of vesting.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The estimated fair value of RSUs granted in 2025 was 3 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 4 MEUR) at grant date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2025, 3 MEUR was expensed related to the RSUs (2024: 3 MEUR), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of which 3 MEUR (2024: 3 MEUR) was recognised in employee </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits expenses. In 2025, the fair value adjustment under finance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenses was close to zero (2024: close to zer<span class="_ _3"/>o).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">There wer<span class="_ _3"/>e no outstanding stock options in 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>wo different share-based incentive pr<span class="_ _3"/>ogrammes have been established: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A stock option programme and a restricted shar<span class="_ _3"/>e programme (RSUs). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Both programmes are classified as equity based, as they ar<span class="_ _3"/>e settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares. Due to local rules, a minor part of both programmes is given as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">phantom shares and is classified as cash-based, as they are settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash. The programmes ar<span class="_ _3"/>e offered to Group Management and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">senior executives. The incentive programmes are part of the variable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">part of the remuneration and follows the Group’<span class="_ _ac"/>s remuneration policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Participation in the programmes are at the Remuneration Committees </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discretion and no individual has a contractual right to participate or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receive any guaranteed benefit.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When RSUs are issued, the value of the RSUs at grant date is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in employee benefits expenses in the statement of profit and loss and in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equity over the three-year vesting period. On initial recognition of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RSUs, the number of RSUs expected to vest is estimated. Subsequently, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the estimate is revised so the total cost recognised is based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">actual number of RSUs vested. The fair value of RSUs is determined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the quoted share price at grant adjusted for expected dividend </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payout (based on historic dividend payout ratio). The participants are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">compensated for any dividend payment by receiving additional RSUs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A minor part of the RSUs is given as phantom shares (cash-based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">programme) and ar<span class="_ _3"/>e after initial recognition adjusted to fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">through finance expenses in the statement of profit and loss against a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related pr<span class="_ _3"/>ovision.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash-settled programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cash-settled programmes consist of phantom shar<span class="_ _3"/>es granted </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">during the years 2022-2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The employees granted the phantom shares participate on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">terms and conditions similar to those applying to the RSUs. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">outstanding RSUs from 2022-2025 include 22,197 phantom shar<span class="_ _3"/>es </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 27,060).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The total intrinsic value of the phantom RSUs at year<span class="_ _0"/>-end </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts to less than 1 MEUR (2024: less than 1 MEUR), which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as a liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Share split in 2025</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As per 9 April 2025, the trading unit of the ROCKWOOL shares </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">listed on Nasdaq Copenhagen was changed from 10 DKK to 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">DKK. The number of RSUs have been restated accor<span class="_ _3"/>dingly.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Restricted share units (RSUs)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:219.484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0078125px; width: 305.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r-e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ave t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oll</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">owi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng ve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 217.797px; top: 19.4531px; width: 39.7148px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">esting</span><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: ff1; -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: 272.859px; top: 19.4531px; width: 56.2852px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 344.375px; top: 19.4531px; width: 56.2852px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Number of </span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 4.1875px; top: 31.4531px; width: 69.1875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e of g</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 231.531px; top: 31.4531px; width: 22.1367px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">date</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 272.859px; top: 31.4531px; width: 52.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSUs 2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 344.375px; top: 31.4531px; width: 52.5059px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RSUs 2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 49.2891px; width: 392.936px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0, on</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">war</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">26.05.2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">92,720</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 67.8516px; width: 392.848px; white-space: pre; word-spacing: -0.147px; letter-spacing: 0.147px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2022</span><span style="word-spacing: -0.147px; letter-spacing: 0.147px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">21.05.2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">92,590</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 86.4141px; width: 392.742px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2023</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20.05.2026</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">122,860</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">128,340</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 104.977px; width: 392.795px; white-space: pre; word-spacing: 0.1365px; letter-spacing: -0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">24</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 178.078px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25.05.2027</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">74,910</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">77,250</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 123.539px; width: 392.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024, s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ign</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n awa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.676px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">02.09.2027</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34,210</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.1466px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34,210</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 142.102px; width: 393.129px; white-space: pre; word-spacing: -0.1155px; letter-spacing: 0.1155px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; width: 177.569px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">23.05.2028</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81,543</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 286.203px; top: 165.656px; width: 111.293px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">313,523</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 31.9453px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">425,110</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 183.492px; width: 142.113px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Weight</span><span style="word-spacing: -0.2205px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed average rema</span><span style="word-spacing: -0.2205px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ining </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 195.492px; width: 173.889px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0525px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tu</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al li</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe o</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ou</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing R</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 4.1875px; top: 207.492px; width: 392.771px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at year</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-en</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d (Year)</span><span style="word-spacing: -0.1785px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 223.758px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1.3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1.3</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">O<span class="_ _1"/>f th<span class="_ _1"/>e num<span class="_ _1"/>be<span class="_ _1"/>r of R<span class="_ _1"/>SUs 6<span class="_ _3"/>1,87<span class="_ _3"/>1 b<span class="_ _1"/>el<span class="_ _1"/>ong t<span class="_ _1"/>o th<span class="_ _1"/>e Re<span class="_ _1"/>gis<span class="_ _1"/>t<span class="_ _1"/>ere<span class="_ _1"/>d Di<span class="_ _1"/>re<span class="_ _1"/>c<span class="_ _1"/>to<span class="_ _1"/>r<span class="_ _1"/>s and 2<span class="_ _1"/>5<span class="_ _3"/>1<span class="_ _3"/>,<span class="_ _1"/>652 to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ot<span class="_ _1"/>he<span class="_ _1"/>r se<span class="_ _1"/>nio<span class="_ _1"/>r ma<span class="_ _1"/>nag<span class="_ _1"/>er<span class="_ _1"/>s. I<span class="_ _1"/>n 20<span class="_ _1"/>24, 1<span class="_ _3"/>8<span class="_ _1"/>0,9<span class="_ _3"/>10 be<span class="_ _1"/>lo<span class="_ _1"/>nge<span class="_ _1"/>d to R<span class="_ _1"/>eg<span class="_ _1"/>is<span class="_ _1"/>te<span class="_ _1"/>re<span class="_ _1"/>d Dir<span class="_ _1"/>ec<span class="_ _2"/>tor<span class="_ _1"/>s an<span class="_ _1"/>d </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">244,<span class="_ _1"/>20<span class="_ _1"/>0 t<span class="_ _1"/>o ot<span class="_ _1"/>he<span class="_ _1"/>r se<span class="_ _1"/>nio<span class="_ _1"/>r ma<span class="_ _1"/>nag<span class="_ _1"/>er<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development in number of outstanding RSUs</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:103.703125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 296.266px; top: 0px; width: 96.4277px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 47.5373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 17.8359px; width: 392.596px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g RSU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1/</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">425,110</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.8554px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">386,670</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.3984px; width: 392.701px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Grante</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 250.904px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">91,515</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 36.8554px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">114,510</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 54.9766px; width: 392.631px; white-space: pre; word-spacing: 0.21px; letter-spacing: -0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ve</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0.21px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">181,082</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">74,970</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.5391px; width: 392.83px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">For</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">feited</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 245.883px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22,020</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.8281px; width: 392.666px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SUs 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2 </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.535px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">313,523</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">425,110</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e ave<span class="_ _1"/>ra<span class="_ _1"/>ge s<span class="_ _1"/>ha<span class="_ _1"/>re p<span class="_ _1"/>ri<span class="_ _1"/>ce at v<span class="_ _1"/>es<span class="_ _1"/>ti<span class="_ _1"/>ng d<span class="_ _1"/>ate w<span class="_ _1"/>as 3<span class="_ _1"/>0<span class="_ _1"/>8 E<span class="ls27 ws24">UR.</span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Long-term incentive programmes</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>wo different share-based incentive pr<span class="_ _3"/>ogrammes have been established: </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A stock option programme and a restricted shar<span class="_ _3"/>e programme (RSUs). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Both programmes are classified as equity based, as they ar<span class="_ _3"/>e settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares. Due to local rules, a minor part of both programmes is given as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">phantom shares and is classified as cash-based, as they are settled in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash. The programmes ar<span class="_ _3"/>e offered to Group Management and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">senior executives. The incentive programmes are part of the variable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">part of the remuneration and follows the Group’<span class="_ _ac"/>s remuneration policy. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Participation in the programmes are at the Remuneration Committees </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">discretion and no individual has a contractual right to participate or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receive any guaranteed benefit.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When RSUs are issued, the value of the RSUs at grant date is recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in employee benefits expenses in the statement of profit and loss and in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equity over the three-year vesting period. On initial recognition of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RSUs, the number of RSUs expected to vest is estimated. Subsequently, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the estimate is revised so the total cost recognised is based on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">actual number of RSUs vested. The fair value of RSUs is determined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the quoted share price at grant adjusted for expected dividend </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payout (based on historic dividend payout ratio). The participants are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">compensated for any dividend payment by receiving additional RSUs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A minor part of the RSUs is given as phantom shares (cash-based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">programme) and ar<span class="_ _3"/>e after initial recognition adjusted to fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">through finance expenses in the statement of profit and loss against a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related pr<span class="_ _3"/>ovision.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:312.30859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 486.219px; top: 0.0039062px; width: 524.555px; white-space: pre; word-spacing: -0.135px; letter-spacing: 0.135px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.135px; letter-spacing: 0.135px; display: inline-block; margin-left: 0px; width: 470.19px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 617.328px; top: 23.0312px; width: 49.1836px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1112.64px; top: 23.0312px; width: 49.1836px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 440.391px; top: 35.0312px; width: 48.0234px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 545.031px; top: 35.0312px; width: 33.293px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Other</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 606.281px; top: 35.0312px; width: 60.7324px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">assets under</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 936.375px; top: 35.0312px; width: 48.0234px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1040.36px; top: 35.0312px; width: 33.293px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Other</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1100.7px; top: 35.0312px; width: 60.7324px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">assets under</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; top: 47.0312px; width: 396.434px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 249.363px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 33.9023px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Software</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 427.781px; top: 47.0312px; width: 57.7441px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">relationships</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 498.766px; top: 47.0312px; width: 75.9082px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">intangible assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 607.453px; top: 47.0312px; width: 285.076px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Software</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 924.25px; top: 47.0312px; width: 57.7441px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">relationships</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 994.375px; top: 47.0312px; width: 75.9082px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">intangible assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1103.38px; top: 47.0312px; width: 132.422px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 63.0391px; width: 1234.76px; white-space: pre; word-spacing: 0.315px; letter-spacing: -0.315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 1/1</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 264.469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">175</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">131</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">454</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">137</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">98</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">92</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">364</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.0547px; width: 306.639px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 174.973px; font-size: 10.5px; font-family: ff2; -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: 306.639px; top: 80.0547px; width: 928.395px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 74.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.4415px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 97.5234px; width: 1234.88px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the y</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 212.596px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 114.711px; width: 1235.38px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ansfer of a</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets in progress</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 176.607px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.1154px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 131.43px; width: 1234.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 148.164px; width: 1234.84px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions through business combinations</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 116.496px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">74</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 165.547px; width: 1234.89px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 3</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 248.473px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">163</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">110</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">126</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">444</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">175</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.1582px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">131</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">454</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 181.773px; width: 1234.62px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and impai</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ment 1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 148.898px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">241</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">88</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">69</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">219</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 199.289px; width: 1234.93px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 185.695px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 80.1154px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 216.805px; width: 1234.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Am</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tis</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.641px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 77.9295px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 233.523px; width: 1234.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Im</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 250.258px; width: 1234.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 267.258px; width: 1234.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 284.719px; width: 1234.57px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amort</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">isation and impairment 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 125.103px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">89</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">241</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 301.438px; width: 1234.28px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount 3</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 184.242px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">114</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 64.3009px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">179</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">136</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">213</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Du<span class="_ _1"/>ri<span class="_ _1"/>ng t<span class="_ _1"/>he y<span class="_ _1"/>ear R<span class="_ _1"/>&amp;D c<span class="_ _1"/>os<span class="_ _1"/>t<span class="_ _1"/>s am<span class="_ _1"/>ou<span class="_ _1"/>nt<span class="_ _1"/>ing t<span class="_ _1"/>o 73 MEU<span class="_ _1"/>R (20<span class="_ _1"/>24: 6<span class="_ _3"/>7 MEU<span class="_ _1"/>R) h<span class="_ _1"/>ave b<span class="_ _1"/>ee<span class="_ _1"/>n ex<span class="_ _1"/>p<span class="_ _1"/>en<span class="_ _1"/>se<span class="_ _1"/>d.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:365.08984375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 572.812px; top: 0.0039062px; width: 466.963px; white-space: pre; word-spacing: -0.135px; letter-spacing: 0.135px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.135px; letter-spacing: 0.135px; display: inline-block; margin-left: 0px; width: 412.601px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 643.703px; top: 18.7188px; width: 72.0234px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">angible assets</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1083.69px; top: 18.7188px; width: 72.0234px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">angible assets</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 413.641px; top: 30.7188px; width: 45.123px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Land and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 499.609px; top: 30.7188px; width: 46.2598px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Plant and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 551.453px; top: 30.7188px; width: 78.1172px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other operating</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 684.734px; top: 30.7188px; width: 30.4629px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">under</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 854.359px; top: 30.7188px; width: 45.123px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Land and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 938.109px; top: 30.7188px; width: 46.2598px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Plant and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 990.703px; top: 30.7188px; width: 78.1172px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other operating</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1123.61px; top: 30.7188px; width: 30.4629px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">under</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 42.7188px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 414.875px; top: 42.7188px; width: 41.1738px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 494.359px; top: 42.7188px; width: 46.9805px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 576.703px; top: 42.7188px; width: 49.6992px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 654.656px; top: 42.7188px; width: 141.381px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 854.359px; top: 42.7188px; width: 41.1738px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 933.625px; top: 42.7188px; width: 46.9805px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 1015.81px; top: 42.7188px; width: 49.6992px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1095.05px; top: 42.7188px; width: 141.299px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 60.1484px; width: 1236.77px; white-space: pre; word-spacing: 0.315px; letter-spacing: -0.315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 1/1</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 392.666px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,620</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,877</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">196</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">389</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">5,082</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 75.6915px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,441</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,697</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">173</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">4,743</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 79.1172px; width: 1236.43px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 311.086px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-46</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-8</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-90</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 89.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 98.0859px; width: 450.996px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the y</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 346.119px; font-size: 10.5px; font-family: ff2; -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: 450.996px; top: 98.0859px; width: 785.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">479</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">486</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 94.3654px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 68.1562px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">356</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">376</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 116.227px; width: 1236.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ans</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er of a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s un</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">de</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 264.469px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">190</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-295</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">169</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">195</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-391</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 134.383px; width: 1236.91px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions through business combinations</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.9491px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 152.523px; width: 1236.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 344.355px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-38</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-7</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-48</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.1955px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-7</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-71</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 171.391px; width: 1236.5px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 3</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 376.05px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,666</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,988</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">212</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">562</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">5,428</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,620</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,877</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">196</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">389</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">5,082</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 188.805px; width: 1236.62px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation and</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> impairment 1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 279.223px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">601</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,057</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">158</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2,823</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">560</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,957</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">147</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2,664</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 206.961px; width: 1236.44px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 316.6px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-35</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 90.996px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6915px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 76.1955px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 225.102px; width: 1236.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 324.92px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">154</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 74.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">223</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 88.6522px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">144</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 74.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">205</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 243.242px; width: 1237.15px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Im</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.717px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 96.498px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 261.383px; width: 1237.2px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions through business combinations</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.9491px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 279.523px; width: 1236.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.685px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">52</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">35</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">112</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 97.248px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.1991px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.1991px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 297.68px; width: 1236.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 344.355px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-35</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-46</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 90.996px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-45</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.1991px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-51</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 316.547px; width: 1236.4px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation and impairment 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 256.506px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">702</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,178</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">171</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,093</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.4415px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">601</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,057</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">158</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2,823</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 334.688px; width: 1236.85px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount 3</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 320.543px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">964</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">810</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">41</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">520</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,335</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,019</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">820</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">382</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,259</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 354.219px; width: 442.26px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof inv</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">estment grants</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 309.82px; font-size: 10.5px; font-family: ff1; -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: 442.26px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-15</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 456.545px; top: 354.219px; width: 70.8633px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 527.408px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-30</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 541.693px; top: 354.219px; width: 240.539px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 82.0312px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 782.232px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-45</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 796.518px; top: 354.219px; width: 85.7402px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 882.258px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-17</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 896.543px; top: 354.219px; width: 70.8633px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 967.406px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-23</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 981.691px; top: 354.219px; width: 240.539px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 82.0312px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1222.23px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-40</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight-line basis over the expected useful lives of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets, taking into account any estimated residual value. Depreciation starts when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is available for use and ceases on disposal.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected useful lives are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Buildings: <span class="_ _273"> </span>20-40 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Plant and machinery: <span class="_ _127"> </span>5-15 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other operating equipment: <span class="_ _a4"> </span>3-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On sale or scrapping of assets, any losses or gains are r<span class="_ _3"/>ecognised in other operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income for the year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Investment grants related to pr<span class="_ _3"/>operty, plant and equipment are deducted from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">the cost of the related assets</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are depr<span class="_ _3"/>eciated on a straight-line basis over the shorter of the expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">lease term and the asset’<span class="_ _0"/>s useful life.</span></span> <span><span style="display:inherit;clear:left;">RoU assets are tested for impairment whenever </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">there is an indication that the assets may be impaired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Leases in the statement of profit and loss</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:164.0859375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 818.215px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 690.529px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 17.0156px; width: 251.525px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> and impairment</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> of ri</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ght-of-use</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> asset</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 33.2891px; width: 818.607px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s, ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r bu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ild</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gs a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ite</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 578.771px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 50.3047px; width: 818.396px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wareh</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ouses</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 674.04px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 67.3203px; width: 818.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">For</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s, c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 586.095px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 85.0469px; width: 818.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l de</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 441.517px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">30</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">29</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 101.336px; width: 818.625px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expense (included in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> finance expenses)</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 508.897px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 118.352px; width: 818.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e rel</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t-te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m lea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s (i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">de</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d in ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 412.601px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 135.352px; width: 818.619px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ex</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pense relating to</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> low-value leases (included in other expenses)</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 422.767px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 152.086px; width: 818.637px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Variable</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> lease payment</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s not</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> included in the lease l</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iabilities (included in other expenses)</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 314.033px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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;">Th<span class="_ _1"/>e tot<span class="_ _1"/>al c<span class="_ _1"/>a<span class="_ _1"/>sh o<span class="_ _1"/>ut<span class="_ _1"/>f<span class="_ _1"/>l<span class="_ _1"/>ow fo<span class="_ _1"/>r le<span class="_ _1"/>as<span class="_ _1"/>es i<span class="_ _1"/>n 2025 w<span class="_ _1"/>as 4<span class="_ _1"/>8 MEU<span class="_ _1"/>R (20<span class="_ _1"/>24: 4<span class="_ _3"/>7 MEU<span class="_ _1"/>R), of w<span class="_ _1"/>hi<span class="_ _1"/>ch 31 MEU<span class="_ _1"/>R (20<span class="_ _1"/>24: 29 MEUR<span class="_ _1"/>) is c<span class="_ _1"/>la<span class="_ _1"/>ss<span class="_ _1"/>if<span class="_ _1"/>ie<span class="_ _1"/>d as c<span class="_ _1"/>as<span class="_ _1"/>h f<span class="_ _1"/>lo<span class="_ _1"/>w fr<span class="_ _1"/>om f<span class="_ _1"/>in<span class="_ _1"/>anc<span class="_ _1"/>in<span class="_ _1"/>g ac<span class="_ _1"/>t<span class="_ _1"/>iv<span class="_ _1"/>iti<span class="_ _1"/>es a<span class="_ _1"/>nd 17 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEU<span class="_ _1"/>R (2024: 18 MEUR<span class="_ _1"/>) is c<span class="_ _1"/>las<span class="_ _1"/>s<span class="_ _1"/>if<span class="_ _1"/>ie<span class="_ _1"/>d as c<span class="_ _1"/>as<span class="_ _1"/>h f<span class="_ _1"/>low f<span class="_ _1"/>r<span class="_ _1"/>om o<span class="_ _1"/>pe<span class="_ _1"/>ra<span class="_ _1"/>ti<span class="_ _1"/>ng ac<span class="_ _2"/>tiv<span class="_ _1"/>it<span class="_ _1"/>ie<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.4 Amortisation, depreciation and impairment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _1a"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:113.130859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 275.473px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amortisation, depreciation and impairment</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 20.1094px; width: 396.99px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 288.598px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 31.9453px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 35.5078px; width: 397.008px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and impai</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ment o</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f intangible assets </span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 88.6522px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.9297px; width: 254.543px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation and</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> impairment of propert</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, plant</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> and </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 61.9297px; width: 397.395px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 273.012px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">239</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">212</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 76.4141px; width: 397.049px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation and</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> impairment of right</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-of-</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">use assets</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">30</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">29</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 102.266px; width: 397.16px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.063px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amortisat</span><span style="word-spacing: -0.273px; letter-spacing: 0.063px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ion, d</span><span style="word-spacing: -0.273px; letter-spacing: 0.063px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">epreciation and impairment</span><span style="word-spacing: -0.273px; letter-spacing: 0.063px; display: inline-block; margin-left: 0px; width: 108.703px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">294</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.7636px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">263</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Please refer to notes 3.1, 3.2 and 3.3 for further details r<span class="_ _3"/>egarding </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.1 Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill is allocated to cash generating units CGUs in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Insulation segment at an amount of 89 MEUR (2024: 108 MEUR) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and to CGUs in the Systems segment at an amount of 25 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 28 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill has been tested for impairment in 2025 and 2024 for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identified CGUs, which for 2025 resulted in the goodwill r<span class="_ _3"/>elated to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">China, following the closure of the factory in Y<span class="_ _ac"/>angzhou, being fully </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impaired. In 2024, the test did not r<span class="_ _3"/>esult in any value adjustments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment test of goodwill is based on current and future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">results for the CGUs to which goodwill is allocated. Most of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill in the Group is r<span class="_ _3"/>elated to the acquisition of Wetherby </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">W<span class="_ _3"/>all Systems Ltd. and ROCKWOOL VIETNAM LIMITED </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">COMP<span class="_ _0"/>ANY in 2024, Flumroc in 2017, Chicago Metallic in 2013 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and CSR in 2010, and these businesses are performing according </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to plan.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Please refer to note 3.5 for further details.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carrying amount of other intangible assets includes brands </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounting to 2 MEUR (2024: 3 MEUR) and patents amounting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to 2 MEUR (2024: 3 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:312.30859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 486.219px; top: 0.0039062px; width: 524.555px; white-space: pre; word-spacing: -0.135px; letter-spacing: 0.135px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.135px; letter-spacing: 0.135px; display: inline-block; margin-left: 0px; width: 470.19px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 617.328px; top: 23.0312px; width: 49.1836px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1112.64px; top: 23.0312px; width: 49.1836px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 440.391px; top: 35.0312px; width: 48.0234px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 545.031px; top: 35.0312px; width: 33.293px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Other</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 606.281px; top: 35.0312px; width: 60.7324px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">assets under</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 936.375px; top: 35.0312px; width: 48.0234px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1040.36px; top: 35.0312px; width: 33.293px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Other</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1100.7px; top: 35.0312px; width: 60.7324px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">assets under</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; top: 47.0312px; width: 396.434px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 249.363px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 33.9023px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Software</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 427.781px; top: 47.0312px; width: 57.7441px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">relationships</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 498.766px; top: 47.0312px; width: 75.9082px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">intangible assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 607.453px; top: 47.0312px; width: 285.076px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Software</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 924.25px; top: 47.0312px; width: 57.7441px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">relationships</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 994.375px; top: 47.0312px; width: 75.9082px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">intangible assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1103.38px; top: 47.0312px; width: 132.422px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 63.0391px; width: 1234.76px; white-space: pre; word-spacing: 0.315px; letter-spacing: -0.315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 1/1</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 264.469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">175</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">131</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">454</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">137</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">98</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">92</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">364</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.0547px; width: 306.639px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 174.973px; font-size: 10.5px; font-family: ff2; -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: 306.639px; top: 80.0547px; width: 928.395px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 74.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.4415px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 97.5234px; width: 1234.88px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the y</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 212.596px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 114.711px; width: 1235.38px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ansfer of a</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets in progress</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 176.607px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.1154px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 131.43px; width: 1234.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 148.164px; width: 1234.84px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions through business combinations</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 116.496px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">74</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 165.547px; width: 1234.89px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 3</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 248.473px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">163</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">110</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">126</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">444</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">175</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.1582px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">131</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">454</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 181.773px; width: 1234.62px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and impai</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ment 1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 148.898px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">241</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">88</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">69</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">219</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 199.289px; width: 1234.93px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 185.695px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 80.1154px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 216.805px; width: 1234.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Am</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tis</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.641px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 77.9295px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 233.523px; width: 1234.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Im</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 250.258px; width: 1234.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 267.258px; width: 1234.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 284.719px; width: 1234.57px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amort</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">isation and impairment 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 125.103px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">89</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">241</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 301.438px; width: 1234.28px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount 3</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 184.242px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">114</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 64.3009px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">179</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">136</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">213</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Du<span class="_ _1"/>ri<span class="_ _1"/>ng t<span class="_ _1"/>he y<span class="_ _1"/>ear R<span class="_ _1"/>&amp;D c<span class="_ _1"/>os<span class="_ _1"/>t<span class="_ _1"/>s am<span class="_ _1"/>ou<span class="_ _1"/>nt<span class="_ _1"/>ing t<span class="_ _1"/>o 73 MEU<span class="_ _1"/>R (20<span class="_ _1"/>24: 6<span class="_ _3"/>7 MEU<span class="_ _1"/>R) h<span class="_ _1"/>ave b<span class="_ _1"/>ee<span class="_ _1"/>n ex<span class="_ _1"/>p<span class="_ _1"/>en<span class="_ _1"/>se<span class="_ _1"/>d.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of resear<span class="_ _3"/>ch activities are expensed in the year in which they are incurred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of development projects that are clearly defined and identifiable, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for which the potential technical and commercial exploitation is demonstrated, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capitalised to the extent that they are expected to generate future r<span class="_ _3"/>evenue. All other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development costs are expensed as incurr<span class="_ _3"/>ed in the statement of profit and loss under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets, apart from goodwill, are stated at cost less accumulated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amortisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arisen from the acquisition of enterprises and activities is stated at cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and is not amortised. The carrying amount of goodwill is allocated to the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash-generating units at the acquisition date. Identification of independent cash-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generating units is based on business structure and level of internal control of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow<span class="_ _3"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill and intangible assets under construction are tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">annually and whenever there is an indication of impairment. Other intangible assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are tested for impairment when there are indications that their carrying amount may </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not be recoverable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher of fair value less costs of disposal and value in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">use, determined using discounted future cash flows where applicable. If the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount exceeds the recoverable amount, the asset (or CGU) is written down to its </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.1 Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill is allocated to cash generating units CGUs in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Insulation segment at an amount of 89 MEUR (2024: 108 MEUR) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and to CGUs in the Systems segment at an amount of 25 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 28 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill has been tested for impairment in 2025 and 2024 for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identified CGUs, which for 2025 resulted in the goodwill r<span class="_ _3"/>elated to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">China, following the closure of the factory in Y<span class="_ _ac"/>angzhou, being fully </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impaired. In 2024, the test did not r<span class="_ _3"/>esult in any value adjustments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment test of goodwill is based on current and future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">results for the CGUs to which goodwill is allocated. Most of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill in the Group is r<span class="_ _3"/>elated to the acquisition of Wetherby </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">W<span class="_ _3"/>all Systems Ltd. and ROCKWOOL VIETNAM LIMITED </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">COMP<span class="_ _0"/>ANY in 2024, Flumroc in 2017, Chicago Metallic in 2013 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and CSR in 2010, and these businesses are performing according </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to plan.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Please refer to note 3.5 for further details.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carrying amount of other intangible assets includes brands </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounting to 2 MEUR (2024: 3 MEUR) and patents amounting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to 2 MEUR (2024: 3 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:312.30859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 486.219px; top: 0.0039062px; width: 524.555px; white-space: pre; word-spacing: -0.135px; letter-spacing: 0.135px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.135px; letter-spacing: 0.135px; display: inline-block; margin-left: 0px; width: 470.19px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 617.328px; top: 23.0312px; width: 49.1836px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1112.64px; top: 23.0312px; width: 49.1836px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 440.391px; top: 35.0312px; width: 48.0234px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 545.031px; top: 35.0312px; width: 33.293px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Other</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 606.281px; top: 35.0312px; width: 60.7324px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">assets under</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 936.375px; top: 35.0312px; width: 48.0234px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1040.36px; top: 35.0312px; width: 33.293px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Other</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1100.7px; top: 35.0312px; width: 60.7324px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">assets under</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; top: 47.0312px; width: 396.434px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 249.363px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 33.9023px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Software</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 427.781px; top: 47.0312px; width: 57.7441px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">relationships</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 498.766px; top: 47.0312px; width: 75.9082px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">intangible assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 607.453px; top: 47.0312px; width: 285.076px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Software</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 924.25px; top: 47.0312px; width: 57.7441px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">relationships</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 994.375px; top: 47.0312px; width: 75.9082px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">intangible assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1103.38px; top: 47.0312px; width: 132.422px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 63.0391px; width: 1234.76px; white-space: pre; word-spacing: 0.315px; letter-spacing: -0.315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 1/1</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 264.469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">175</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">131</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">454</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">137</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">98</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">92</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">364</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.0547px; width: 306.639px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 174.973px; font-size: 10.5px; font-family: ff2; -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: 306.639px; top: 80.0547px; width: 928.395px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 74.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.4415px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 97.5234px; width: 1234.88px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the y</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 212.596px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 114.711px; width: 1235.38px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ansfer of a</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets in progress</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 176.607px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.1154px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 131.43px; width: 1234.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 148.164px; width: 1234.84px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions through business combinations</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 116.496px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">74</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 165.547px; width: 1234.89px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 3</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 248.473px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">163</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">110</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">126</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">444</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">175</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.1582px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">131</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">454</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 181.773px; width: 1234.62px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and impai</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ment 1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 148.898px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">241</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">88</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">69</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">219</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 199.289px; width: 1234.93px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 185.695px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 80.1154px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 216.805px; width: 1234.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Am</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tis</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.641px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 77.9295px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 233.523px; width: 1234.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Im</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 250.258px; width: 1234.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 267.258px; width: 1234.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 284.719px; width: 1234.57px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amort</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">isation and impairment 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 125.103px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">89</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">241</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 301.438px; width: 1234.28px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount 3</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 184.242px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">114</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 64.3009px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">179</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">136</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">213</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Du<span class="_ _1"/>ri<span class="_ _1"/>ng t<span class="_ _1"/>he y<span class="_ _1"/>ear R<span class="_ _1"/>&amp;D c<span class="_ _1"/>os<span class="_ _1"/>t<span class="_ _1"/>s am<span class="_ _1"/>ou<span class="_ _1"/>nt<span class="_ _1"/>ing t<span class="_ _1"/>o 73 MEU<span class="_ _1"/>R (20<span class="_ _1"/>24: 6<span class="_ _3"/>7 MEU<span class="_ _1"/>R) h<span class="_ _1"/>ave b<span class="_ _1"/>ee<span class="_ _1"/>n ex<span class="_ _1"/>p<span class="_ _1"/>en<span class="_ _1"/>se<span class="_ _1"/>d.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of resear<span class="_ _3"/>ch activities are expensed in the year in which they are incurred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of development projects that are clearly defined and identifiable, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for which the potential technical and commercial exploitation is demonstrated, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capitalised to the extent that they are expected to generate future r<span class="_ _3"/>evenue. All other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development costs are expensed as incurr<span class="_ _3"/>ed in the statement of profit and loss under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets, apart from goodwill, are stated at cost less accumulated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amortisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arisen from the acquisition of enterprises and activities is stated at cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and is not amortised. The carrying amount of goodwill is allocated to the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash-generating units at the acquisition date. Identification of independent cash-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generating units is based on business structure and level of internal control of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow<span class="_ _3"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill and intangible assets under construction are tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">annually and whenever there is an indication of impairment. Other intangible assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are tested for impairment when there are indications that their carrying amount may </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not be recoverable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher of fair value less costs of disposal and value in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">use, determined using discounted future cash flows where applicable. If the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount exceeds the recoverable amount, the asset (or CGU) is written down to its </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.1 Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill is allocated to cash generating units CGUs in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Insulation segment at an amount of 89 MEUR (2024: 108 MEUR) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and to CGUs in the Systems segment at an amount of 25 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 28 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill has been tested for impairment in 2025 and 2024 for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identified CGUs, which for 2025 resulted in the goodwill r<span class="_ _3"/>elated to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">China, following the closure of the factory in Y<span class="_ _ac"/>angzhou, being fully </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impaired. In 2024, the test did not r<span class="_ _3"/>esult in any value adjustments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impairment test of goodwill is based on current and future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">results for the CGUs to which goodwill is allocated. Most of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill in the Group is r<span class="_ _3"/>elated to the acquisition of Wetherby </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">W<span class="_ _3"/>all Systems Ltd. and ROCKWOOL VIETNAM LIMITED </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">COMP<span class="_ _0"/>ANY in 2024, Flumroc in 2017, Chicago Metallic in 2013 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and CSR in 2010, and these businesses are performing according </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to plan.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Please refer to note 3.5 for further details.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carrying amount of other intangible assets includes brands </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounting to 2 MEUR (2024: 3 MEUR) and patents amounting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to 2 MEUR (2024: 3 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:312.30859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 486.219px; top: 0.0039062px; width: 524.555px; white-space: pre; word-spacing: -0.135px; letter-spacing: 0.135px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.135px; letter-spacing: 0.135px; display: inline-block; margin-left: 0px; width: 470.19px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 617.328px; top: 23.0312px; width: 49.1836px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1112.64px; top: 23.0312px; width: 49.1836px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Intangible</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 440.391px; top: 35.0312px; width: 48.0234px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 545.031px; top: 35.0312px; width: 33.293px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Other</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 606.281px; top: 35.0312px; width: 60.7324px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">assets under</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 936.375px; top: 35.0312px; width: 48.0234px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1040.36px; top: 35.0312px; width: 33.293px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Other</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1100.7px; top: 35.0312px; width: 60.7324px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">assets under</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; top: 47.0312px; width: 396.434px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 249.363px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 33.9023px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Software</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 427.781px; top: 47.0312px; width: 57.7441px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">relationships</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 498.766px; top: 47.0312px; width: 75.9082px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">intangible assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 607.453px; top: 47.0312px; width: 285.076px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Goodwill</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Software</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 924.25px; top: 47.0312px; width: 57.7441px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">relationships</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 994.375px; top: 47.0312px; width: 75.9082px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">intangible assets</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1103.38px; top: 47.0312px; width: 132.422px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 63.0391px; width: 1234.76px; white-space: pre; word-spacing: 0.315px; letter-spacing: -0.315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 1/1</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 264.469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">175</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">131</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">454</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">137</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">98</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">92</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">364</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.0547px; width: 306.639px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 174.973px; font-size: 10.5px; font-family: ff2; -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: 306.639px; top: 80.0547px; width: 928.395px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 74.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.4415px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 97.5234px; width: 1234.88px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the y</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 212.596px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 114.711px; width: 1235.38px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ansfer of a</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets in progress</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 176.607px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 80.1154px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 131.43px; width: 1234.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 148.164px; width: 1234.84px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions through business combinations</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 116.496px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">74</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 165.547px; width: 1234.89px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 3</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 248.473px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">163</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">110</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">126</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">444</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">175</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.1582px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">105</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">131</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">454</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 181.773px; width: 1234.62px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tisation and impai</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ment 1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 148.898px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">241</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">88</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">69</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">219</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 199.289px; width: 1234.93px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 185.695px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 80.1154px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 216.805px; width: 1234.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Am</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tis</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.641px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 77.9295px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 233.523px; width: 1234.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Im</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 71.8477px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 250.258px; width: 1234.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 267.258px; width: 1234.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.0373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 284.719px; width: 1234.57px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Amort</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">isation and impairment 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 125.103px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">89</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">265</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">93</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 86.1795px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">241</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1.45312px; top: 301.438px; width: 1234.28px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount 3</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 184.242px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">114</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 64.3009px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">179</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">136</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 77.373px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">213</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Du<span class="_ _1"/>ri<span class="_ _1"/>ng t<span class="_ _1"/>he y<span class="_ _1"/>ear R<span class="_ _1"/>&amp;D c<span class="_ _1"/>os<span class="_ _1"/>t<span class="_ _1"/>s am<span class="_ _1"/>ou<span class="_ _1"/>nt<span class="_ _1"/>ing t<span class="_ _1"/>o 73 MEU<span class="_ _1"/>R (20<span class="_ _1"/>24: 6<span class="_ _3"/>7 MEU<span class="_ _1"/>R) h<span class="_ _1"/>ave b<span class="_ _1"/>ee<span class="_ _1"/>n ex<span class="_ _1"/>p<span class="_ _1"/>en<span class="_ _1"/>se<span class="_ _1"/>d.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of resear<span class="_ _3"/>ch activities are expensed in the year in which they are incurred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of development projects that are clearly defined and identifiable, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for which the potential technical and commercial exploitation is demonstrated, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capitalised to the extent that they are expected to generate future r<span class="_ _3"/>evenue. All other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development costs are expensed as incurr<span class="_ _3"/>ed in the statement of profit and loss under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets, apart from goodwill, are stated at cost less accumulated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amortisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arisen from the acquisition of enterprises and activities is stated at cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and is not amortised. The carrying amount of goodwill is allocated to the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash-generating units at the acquisition date. Identification of independent cash-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generating units is based on business structure and level of internal control of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow<span class="_ _3"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill and intangible assets under construction are tested for impairment at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">annually and whenever there is an indication of impairment. Other intangible assets </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are tested for impairment when there are indications that their carrying amount may </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not be recoverable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher of fair value less costs of disposal and value in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">use, determined using discounted future cash flows where applicable. If the carrying </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount exceeds the recoverable amount, the asset (or CGU) is written down to its </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recoverable amount.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.2 Property, plant and equipment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Of the carrying amount of land and buildings, 185 MEUR (2024: 192 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR) repr<span class="_ _3"/>esents sites not subject to depreciation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accumulated capitalised interest amounting to 6 MEUR (2024: 7 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR) are included in the cost of pr<span class="_ _3"/>operty, plant and equipment. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The interest rate used for capitalisation was between 1-9 per<span class="_ _3"/>cent. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For the recognised investment grants the conditions ar<span class="_ _3"/>e fulfilled </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or are r<span class="_ _3"/>easonably assured to be fulfilled. Some of the received </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investment grants are subject to r<span class="_ _3"/>epayment obligations provided </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that the attached conditions are not fulfilled within a number </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">of years.</span></span> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment have been tested for impairment. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For 2025, this led to impairment of 16 MEUR (2024: 7 MEUR), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relating to full impairment of assets due to the closure of factories </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in Norway and China.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:365.08984375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 572.812px; top: 0.0039062px; width: 466.963px; white-space: pre; word-spacing: -0.135px; letter-spacing: 0.135px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: -0.135px; letter-spacing: 0.135px; display: inline-block; margin-left: 0px; width: 412.601px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 643.703px; top: 18.7188px; width: 72.0234px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">angible assets</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1083.69px; top: 18.7188px; width: 72.0234px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">angible assets</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 413.641px; top: 30.7188px; width: 45.123px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Land and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 499.609px; top: 30.7188px; width: 46.2598px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Plant and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 551.453px; top: 30.7188px; width: 78.1172px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other operating</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 684.734px; top: 30.7188px; width: 30.4629px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">under</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 854.359px; top: 30.7188px; width: 45.123px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Land and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -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="position: absolute; display: inline-block; left: 938.109px; top: 30.7188px; width: 46.2598px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Plant and</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 990.703px; top: 30.7188px; width: 78.1172px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other operating</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 1123.61px; top: 30.7188px; width: 30.4629px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">under</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 42.7188px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 414.875px; top: 42.7188px; width: 41.1738px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 494.359px; top: 42.7188px; width: 46.9805px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 576.703px; top: 42.7188px; width: 49.6992px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 654.656px; top: 42.7188px; width: 141.381px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 854.359px; top: 42.7188px; width: 41.1738px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 933.625px; top: 42.7188px; width: 46.9805px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 1015.81px; top: 42.7188px; width: 49.6992px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">equipment</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1095.05px; top: 42.7188px; width: 141.299px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">construction</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 60.1484px; width: 1236.77px; white-space: pre; word-spacing: 0.315px; letter-spacing: -0.315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 1/1</span><span style="word-spacing: 0.315px; letter-spacing: -0.315px; display: inline-block; margin-left: 0px; width: 392.666px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,620</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,877</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">196</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">389</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">5,082</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 75.6915px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,441</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,697</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">173</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">432</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">4,743</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 79.1172px; width: 1236.43px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 311.086px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-46</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-8</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-90</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 89.0625px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 98.0859px; width: 450.996px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the y</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 346.119px; font-size: 10.5px; font-family: ff2; -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: 450.996px; top: 98.0859px; width: 785.285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">479</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">486</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 94.3654px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 68.1562px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">356</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">376</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 116.227px; width: 1236.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ans</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er of a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s un</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">de</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 264.469px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">81</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">190</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-295</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.0625px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">169</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">195</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-391</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 134.383px; width: 1236.91px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions through business combinations</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.9491px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 152.523px; width: 1236.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 344.355px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-38</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-7</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-48</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.1955px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-7</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-71</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 171.391px; width: 1236.5px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 3</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 376.05px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1,666</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,988</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">212</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">562</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">5,428</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,620</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,877</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">196</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">389</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">5,082</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 188.805px; width: 1236.62px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation and</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> impairment 1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 279.223px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">601</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,057</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">158</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2,823</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 83.6779px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">560</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,957</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">147</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2,664</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 206.961px; width: 1236.44px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 316.6px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 76.6815px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-35</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 90.996px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.6915px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 76.1955px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">-4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 225.102px; width: 1236.52px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 324.92px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">154</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 74.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">223</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 88.6522px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">144</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 74.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">205</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 243.242px; width: 1237.15px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Im</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.717px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 96.498px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 261.383px; width: 1237.2px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions through business combinations</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.9491px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 279.523px; width: 1236.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.685px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">52</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.6699px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">35</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">112</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 97.248px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.1991px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.1991px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 297.68px; width: 1236.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e year</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 344.355px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-35</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 81.5918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-46</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 90.996px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-45</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 81.1991px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-51</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 316.547px; width: 1236.4px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation and impairment 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 256.506px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">702</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,178</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">171</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3,093</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.4415px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">601</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,057</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">158</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 79.1835px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 58.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">2,823</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 334.688px; width: 1236.85px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Carr</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ying amount 3</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 320.543px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">964</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">810</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">41</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">520</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,335</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1,019</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">820</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 73.2188px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">382</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.1502px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2,259</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 354.219px; width: 442.26px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof inv</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">estment grants</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 309.82px; font-size: 10.5px; font-family: ff1; -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: 442.26px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-15</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 456.545px; top: 354.219px; width: 70.8633px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 527.408px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-30</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 541.693px; top: 354.219px; width: 240.539px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 82.0312px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 782.232px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-45</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 796.518px; top: 354.219px; width: 85.7402px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 85.7404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 882.258px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-17</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 896.543px; top: 354.219px; width: 70.8633px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 967.406px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-23</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 981.691px; top: 354.219px; width: 240.539px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 82.0312px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px 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: 82.0312px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 1222.23px; top: 354.219px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-40</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s investment grants are for the most part received in<span class="fc15"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">China, Spain, Germany, the Netherlands, Poland, Norway and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">France. Investment grants received in 2025 amount to 12 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 0 MEUR). The grants are in most cases linked to expansion </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the Group including the amount of investment in pr<span class="_ _3"/>operty, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment and the creation of jobs - and ar<span class="_ _3"/>e given as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">cash or loans. Only limited contingent liabilities exist</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Contractual obligations for the purchase of pr<span class="_ _3"/>operty, plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">equipment at 31 December 2025 amount to 335 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 106 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected useful lives of property, plant and equipment are based on past </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">experience and expectations of future use. The estimated useful lives of plant and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">machinery are subject to gr<span class="_ _3"/>eater uncertainty due to varying utilisation levels and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">significant maintenance requir<span class="_ _3"/>ements. Useful lives and residual values are reassessed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">annually and adjusted where necessary.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When there is an indication that an asset may be impaired, an impairment test is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed for the relevant assets, and impairments are recognised where necessary.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The recoverable amount is the higher of value in use and fair value less costs of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">disposal. Recoverable amounts are determined using value in use calculations and, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">where r<span class="_ _3"/>elevant, fair value less costs of disposal. These calculations are based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">budgets and business plans covering a period of up to five years, past experience </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and management’<span class="_ _ac"/>s best estimate of future developments, and are discounted using </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates reflecting current market assessments and the risks specific to the assets or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">CGU’<span class="_ _ac"/>s.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.3 Leases</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Right-of-use assets are tested for impairment whenever there is an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">indication that the assets may be impaired. In <span class="_ _1"/>202<span class="_ _1"/>5,<span class="_ _1"/> a<span class="_ _1"/>n i<span class="_ _1"/>mp<span class="_ _1"/>air<span class="_ _1"/>m<span class="_ _1"/>en<span class="_ _1"/>t </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of 2 MEUR related to the value adjustments of the Russian </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business was recognised. Further<span class="_ _ac"/>, a reversal of impairment of 2 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR of the 2023 impairment (6 MEUR) related to Rockfon in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Systems segment was recognised in the year due to settlement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">related lease contracts.<span class="fc5"> </span><span class="ls1e">Ther<span class="_ _3"/>e were no impairments in 2024. </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Leases in the statement of financial position</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:231.8828125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 720.188px; top: 0.296875px; width: 97.6113px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 0px; top: 16.75px; width: 95.6191px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Right</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-of-use assets:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.7734px; width: 818.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s, ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r bu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ild</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gs a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ite</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 573.352px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.7891px; width: 818.396px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wareh</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ouses</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 674.04px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">35</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 66.7891px; width: 818.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">For</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s, c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 586.095px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">18</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 84.5312px; width: 818.396px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ca</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">yi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ou</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">of</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 501.142px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">79</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">77</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 101.828px; width: 190.629px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Contractual maturity of</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> lease li</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">abilities:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 117.82px; width: 818.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt; 1 yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 693.96px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 134.836px; width: 818.051px; white-space: pre; word-spacing: 0.1365px; letter-spacing: -0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1-</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">5 ye</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 689.655px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">52</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">49</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 151.852px; width: 818.104px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt; 5 yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 689.002px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">13</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.578px; width: 818.42px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal undiscounted lease liabilities</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 554.992px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">97</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">89</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 186.594px; width: 304.512px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current/non-current</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> lease liabilit</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ies classification (disc</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ounted):</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 202.883px; width: 818.109px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cur</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rent</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 673.372px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">55</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 219.883px; width: 818.104px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Curre</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 695.925px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">33</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">28</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2<span class="_ _1"/>025, ad<span class="_ _1"/>di<span class="_ _1"/>ti<span class="_ _1"/>on<span class="_ _1"/>s to r<span class="_ _1"/>ig<span class="_ _1"/>ht-<span class="_ _1"/>of-<span class="_ _1"/>u<span class="_ _1"/>se a<span class="_ _1"/>s<span class="_ _1"/>se<span class="_ _1"/>t<span class="_ _1"/>s wer<span class="_ _1"/>e 34 M<span class="_ _1"/>EUR (2<span class="_ _1"/>024: 20 MEU<span class="_ _1"/>R).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Leases in the statement of profit and loss</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:164.0859375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 818.215px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 690.529px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 17.0156px; width: 251.525px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Depreciation</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> and impairment</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> of ri</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ght-of-use</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> asset</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 33.2891px; width: 818.607px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s, ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r bu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ild</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gs a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ite</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 578.771px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 50.3047px; width: 818.396px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wareh</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ouses</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 674.04px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 67.3203px; width: 818.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">For</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s, c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 586.095px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">9</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 85.0469px; width: 818.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l de</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 441.517px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">30</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">29</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 101.336px; width: 818.625px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expense (included in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> finance expenses)</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 508.897px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 118.352px; width: 818.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e rel</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t-te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">m lea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s (i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">de</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d in ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 412.601px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 135.352px; width: 818.619px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ex</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pense relating to</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> low-value leases (included in other expenses)</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 422.767px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 152.086px; width: 818.637px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Variable</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> lease payment</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s not</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> included in the lease l</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iabilities (included in other expenses)</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 314.033px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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;">Th<span class="_ _1"/>e tot<span class="_ _1"/>al c<span class="_ _1"/>a<span class="_ _1"/>sh o<span class="_ _1"/>ut<span class="_ _1"/>f<span class="_ _1"/>l<span class="_ _1"/>ow fo<span class="_ _1"/>r le<span class="_ _1"/>as<span class="_ _1"/>es i<span class="_ _1"/>n 2025 w<span class="_ _1"/>as 4<span class="_ _1"/>8 MEU<span class="_ _1"/>R (20<span class="_ _1"/>24: 4<span class="_ _3"/>7 MEU<span class="_ _1"/>R), of w<span class="_ _1"/>hi<span class="_ _1"/>ch 31 MEU<span class="_ _1"/>R (20<span class="_ _1"/>24: 29 MEUR<span class="_ _1"/>) is c<span class="_ _1"/>la<span class="_ _1"/>ss<span class="_ _1"/>if<span class="_ _1"/>ie<span class="_ _1"/>d as c<span class="_ _1"/>as<span class="_ _1"/>h f<span class="_ _1"/>lo<span class="_ _1"/>w fr<span class="_ _1"/>om f<span class="_ _1"/>in<span class="_ _1"/>anc<span class="_ _1"/>in<span class="_ _1"/>g ac<span class="_ _1"/>t<span class="_ _1"/>iv<span class="_ _1"/>iti<span class="_ _1"/>es a<span class="_ _1"/>nd 17 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEU<span class="_ _1"/>R (2024: 18 MEUR<span class="_ _1"/>) is c<span class="_ _1"/>las<span class="_ _1"/>s<span class="_ _1"/>if<span class="_ _1"/>ie<span class="_ _1"/>d as c<span class="_ _1"/>as<span class="_ _1"/>h f<span class="_ _1"/>low f<span class="_ _1"/>r<span class="_ _1"/>om o<span class="_ _1"/>pe<span class="_ _1"/>ra<span class="_ _1"/>ti<span class="_ _1"/>ng ac<span class="_ _2"/>tiv<span class="_ _1"/>it<span class="_ _1"/>ie<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Leases</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. For identified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, a right-of-use (RoU) asset and corresponding liability are r<span class="_ _3"/>ecognised on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assets and liabilities arising from a lease are initially measur<span class="_ _3"/>ed on a present value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis. Lease liabilities include the net present value of the payments, which are fixed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or variable payments dependent on an index or a rate. When adjustments to lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payments based on an index or a rate take effect, the lease liability is reassessed and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjusted against the lease asset. Service components are excluded from the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability except for those related to cars.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o measure the lease liability at an amount equal to the net present value of the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payments, a discount rate is used. For this purpose, the Group generally uses its </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">incremental borr<span class="_ _3"/>owing rate (IBR). The IBR is calculated per main country/region per </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset type considering different lengths of the lease terms. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The lease payments are split into an interest cost and a r<span class="_ _3"/>epayment of the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are measur<span class="_ _3"/>ed at cost corresponding to the lease liability recognised, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjusted for any lease prepayments or directly r<span class="_ _3"/>elated costs, including restoration </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are depr<span class="_ _3"/>eciated on a straight-line basis over the shorter of the expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">lease term and the asset’<span class="_ _0"/>s useful life.</span></span> <span><span style="display:inherit;clear:left;">RoU assets are tested for impairment whenever </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">there is an indication that the assets may be impaired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension and termination options are included in a number of property and equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases across the Group. The majority of extension and termination options held are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exercisable only by the Group and not by the r<span class="_ _3"/>espective lessor<span class="_ _0"/>. If the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contains an extension or purchase option that the Group considers r<span class="_ _3"/>easonably certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to be exercised, these are included in the measur<span class="_ _3"/>ement of the liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Short-term leases and leases of low value are recognised on a straight-line basis as cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _ac"/>s portfolio of leases covers leases of office buildings, warehouses and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other equipment such as cars and forklifts. Leases for offices and other buildings have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease terms between 2-22 years, warehouses between 3-10 years while car and forklift </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases generally have lease terms between 3-5 years. The Group also has a few long-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term site leases with lease ter<span class="_ _1"/>ms up to 99 years.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of resear<span class="_ _3"/>ch activities are expensed in the year in which they are incurred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of development projects that are clearly defined and identifiable, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for which the potential technical and commercial exploitation is demonstrated, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capitalised to the extent that they are expected to generate future r<span class="_ _3"/>evenue. All other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development costs are expensed as incurr<span class="_ _3"/>ed in the statement of profit and loss under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets, apart from goodwill, are stated at cost less accumulated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amortisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arisen from the acquisition of enterprises and activities is stated at cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and is not amortised. The carrying amount of goodwill is allocated to the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash-generating units at the acquisition date. Identification of independent cash-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generating units is based on business structure and level of internal control of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow<span class="_ _3"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of resear<span class="_ _3"/>ch activities are expensed in the year in which they are incurred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of development projects that are clearly defined and identifiable, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for which the potential technical and commercial exploitation is demonstrated, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capitalised to the extent that they are expected to generate future r<span class="_ _3"/>evenue. All other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development costs are expensed as incurr<span class="_ _3"/>ed in the statement of profit and loss under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets, apart from goodwill, are stated at cost less accumulated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amortisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arisen from the acquisition of enterprises and activities is stated at cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and is not amortised. The carrying amount of goodwill is allocated to the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash-generating units at the acquisition date. Identification of independent cash-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generating units is based on business structure and level of internal control of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow<span class="_ _3"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of resear<span class="_ _3"/>ch activities are expensed in the year in which they are incurred. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The costs of development projects that are clearly defined and identifiable, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for which the potential technical and commercial exploitation is demonstrated, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capitalised to the extent that they are expected to generate future r<span class="_ _3"/>evenue. All other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development costs are expensed as incurr<span class="_ _3"/>ed in the statement of profit and loss under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operating costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Intangible assets, apart from goodwill, are stated at cost less accumulated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amortisation and impairment losses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arisen from the acquisition of enterprises and activities is stated at cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and is not amortised. The carrying amount of goodwill is allocated to the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash-generating units at the acquisition date. Identification of independent cash-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generating units is based on business structure and level of internal control of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow<span class="_ _3"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill arisen from the acquisition of enterprises and activities is stated at cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and is not amortised. The carrying amount of goodwill is allocated to the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash-generating units at the acquisition date. Identification of independent cash-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">generating units is based on business structure and level of internal control of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flow<span class="_ _3"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Amortisation is provided on a straight-line basis over the expected useful lives:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Development projects: <span class="_ _113"> </span>2-10 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Patents: <span class="_ _270"> </span>5-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Software: <span class="_ _271"> </span>2-4 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rademarks: <span class="_ _272"> </span>10-20 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer relationships: <span class="_ _4c"> </span>5-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When there is an indication that an asset may be impaired, an impairment test is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">performed for the relevant assets, and impairments are recognised where necessary.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are tested for impairment whenever </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">there is an indication that the assets may be impaired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment tests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When there is an indication of a reduction in the pr<span class="_ _3"/>ofitability of an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset, an impairment test is perfor<span class="_ _1"/>med for the assets in question and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairments are made, if necessary. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For goodwill, annual impairment tests are made. The recoverable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts of the assets and cash-generating units (CGUs) have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determined based on value-in-use calculations. When testing for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment, the value is written down to the estimated recoverable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, if lower than the carrying amount. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carrying amount of other non-current assets is tested for impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _0"/>. The carrying amount of property, plant and equipment is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment when there is indication of change in the structural </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profitability.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment ar<span class="_ _3"/>e stated at cost less accumulated depreciation and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment losses. For technical plant and machinery manufactured by the Group, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost comprises the acquisition cost, expenditure directly attributable to bringing </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the asset to the location and condition necessary for it to be capable of operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as intended (including engineering hours and an appropriate share of attributable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">indirect production costs), as well as borr<span class="_ _3"/>owing costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight-line basis over the expected useful lives of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets, taking into account any estimated residual value. Depreciation starts when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is available for use and ceases on disposal.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected useful lives are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Buildings: <span class="_ _273"> </span>20-40 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Plant and machinery: <span class="_ _127"> </span>5-15 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other operating equipment: <span class="_ _a4"> </span>3-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On sale or scrapping of assets, any losses or gains are r<span class="_ _3"/>ecognised in other operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income for the year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Investment grants related to pr<span class="_ _3"/>operty, plant and equipment are deducted from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">the cost of the related assets</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Property, plant and equipment ar<span class="_ _3"/>e stated at cost less accumulated depreciation and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment losses. For technical plant and machinery manufactured by the Group, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cost comprises the acquisition cost, expenditure directly attributable to bringing </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the asset to the location and condition necessary for it to be capable of operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">as intended (including engineering hours and an appropriate share of attributable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">indirect production costs), as well as borr<span class="_ _3"/>owing costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight-line basis over the expected useful lives of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets, taking into account any estimated residual value. Depreciation starts when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is available for use and ceases on disposal.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected useful lives are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Buildings: <span class="_ _273"> </span>20-40 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Plant and machinery: <span class="_ _127"> </span>5-15 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other operating equipment: <span class="_ _a4"> </span>3-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On sale or scrapping of assets, any losses or gains are r<span class="_ _3"/>ecognised in other operating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income for the year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Investment grants related to pr<span class="_ _3"/>operty, plant and equipment are deducted from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">the cost of the related assets</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Depreciation is provided on a straight-line basis over the expected useful lives of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets, taking into account any estimated residual value. Depreciation starts when the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset is available for use and ceases on disposal.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected useful lives are:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Buildings: <span class="_ _273"> </span>20-40 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Plant and machinery: <span class="_ _127"> </span>5-15 years </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other operating equipment: <span class="_ _a4"> </span>3-10 years</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are depr<span class="_ _3"/>eciated on a straight-line basis over the shorter of the expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease term and the asset’<span class="_ _0"/>s useful life.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Investment grants related to pr<span class="_ _3"/>operty, plant and equipment are deducted from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the cost of the related assets</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Investment grants related to pr<span class="_ _3"/>operty, plant and equipment are deducted from </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">the cost of the related assets</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For the recognised investment grants the conditions ar<span class="_ _3"/>e fulfilled </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or are r<span class="_ _3"/>easonably assured to be fulfilled. Some of the received </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investment grants are subject to r<span class="_ _3"/>epayment obligations provided </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that the attached conditions are not fulfilled within a number </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s investment grants are for the most part received in<span class="fc15"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">China, Spain, Germany, the Netherlands, Poland, Norway and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">France. Investment grants received in 2025 amount to 12 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 0 MEUR). The grants are in most cases linked to expansion </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the Group including the amount of investment in pr<span class="_ _3"/>operty, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plant and equipment and the creation of jobs - and ar<span class="_ _3"/>e given as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">cash or loans. Only limited contingent liabilities exist</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Leases</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. For identified </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases, a right-of-use (RoU) asset and corresponding liability are r<span class="_ _3"/>ecognised on the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease commencement date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Assets and liabilities arising from a lease are initially measur<span class="_ _3"/>ed on a present value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis. Lease liabilities include the net present value of the payments, which are fixed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or variable payments dependent on an index or a rate. When adjustments to lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payments based on an index or a rate take effect, the lease liability is reassessed and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjusted against the lease asset. Service components are excluded from the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability except for those related to cars.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o measure the lease liability at an amount equal to the net present value of the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">payments, a discount rate is used. For this purpose, the Group generally uses its </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">incremental borr<span class="_ _3"/>owing rate (IBR). The IBR is calculated per main country/region per </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset type considering different lengths of the lease terms. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The lease payments are split into an interest cost and a r<span class="_ _3"/>epayment of the lease </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are measur<span class="_ _3"/>ed at cost corresponding to the lease liability recognised, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjusted for any lease prepayments or directly r<span class="_ _3"/>elated costs, including restoration </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RoU assets are depr<span class="_ _3"/>eciated on a straight-line basis over the shorter of the expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">lease term and the asset’<span class="_ _0"/>s useful life.</span></span> <span><span style="display:inherit;clear:left;">RoU assets are tested for impairment whenever </span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">there is an indication that the assets may be impaired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Extension and termination options are included in a number of property and equipment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases across the Group. The majority of extension and termination options held are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exercisable only by the Group and not by the r<span class="_ _3"/>espective lessor<span class="_ _0"/>. If the lease contract </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contains an extension or purchase option that the Group considers r<span class="_ _3"/>easonably certain </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to be exercised, these are included in the measur<span class="_ _3"/>ement of the liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Short-term leases and leases of low value are recognised on a straight-line basis as cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _ac"/>s portfolio of leases covers leases of office buildings, warehouses and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other equipment such as cars and forklifts. Leases for offices and other buildings have </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">lease terms between 2-22 years, warehouses between 3-10 years while car and forklift </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">leases generally have lease terms between 3-5 years. The Group also has a few long-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">term site leases with lease ter<span class="_ _1"/>ms up to 99 years.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Impairment tests</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When there is an indication of a reduction in the pr<span class="_ _3"/>ofitability of an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset, an impairment test is perfor<span class="_ _1"/>med for the assets in question and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairments are made, if necessary. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For goodwill, annual impairment tests are made. The recoverable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounts of the assets and cash-generating units (CGUs) have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">determined based on value-in-use calculations. When testing for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">impairment, the value is written down to the estimated recoverable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount, if lower than the carrying amount. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The carrying amount of other non-current assets is tested for impairment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">once a year<span class="_ _0"/>. The carrying amount of property, plant and equipment is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tested for impairment when there is indication of change in the structural </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profitability.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.6 Employee benefit obligations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A number of the Group’<span class="_ _67"/>s employees and for<span class="_ _1"/>mer employees </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">participate in pension schemes. The pension schemes are primarily </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">defined contribution plans. However<span class="_ _ac"/>, defined benefit plans are also </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">used, mainly in Switzerland, the United Kingdom, and Germany.<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The benefit plans in the United Kingdom and Germany are closed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for new entries.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Under a defined benefit plan the Group carries the risk associated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with the future development in e.g. inter<span class="_ _3"/>est rates, inflation, salaries, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">mortality and disability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined benefit plans typically guarantee the employees a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">retir<span class="_ _3"/>ement benefit based on the final salary at retirement.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The pension benefit plans in the United Kingdom and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Switzerland have assets placed in independent pension funds. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The remaining plans ar<span class="_ _3"/>e unfunded, where the main part relates<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to Germany. For these plans the retirement benefit obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount to approximately <span class="ws2">22 </span>percent (2024: 23 per<span class="_ _3"/>cent) of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">total gross liability.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Except for the Swiss and UK plans, the mentioned defined benefit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plans are not subject to r<span class="_ _3"/>egulatory requir<span class="_ _3"/>ements regarding minimum </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">funding. The granted pension payments of the mentioned defined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefit plans are based upon the salary of the participating </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">employees during the period of employment. The Group’<span class="_ _67"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contributions are derived fr<span class="_ _3"/>om the split of the pension premium </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">between the employee and employer<span class="_ _ac"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The actuarial assessment of the pension obligation is based on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assumptions specific to each country. The latest actuarial calculation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is prepar<span class="_ _3"/>ed by authorised experts. The valuation of the assets is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the composition and the expectations to the economic </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">development. The assumptions used are weighted averages. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The present value of defined benefit pension obligations depends </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on a number of factors that are determined on an actuarial basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">using a number of assumptions. Any changes to these assumptions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">will impact the carrying amount of pension obligations. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The discount rate and other key assumptions are based in part on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the current market conditions.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2024, a buy-in/buy-out process was initiated r<span class="_ _3"/>elated to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">pension benefit plan in the United Kingdom. In November 2024, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the UK pension benefit plan was insured with Royal London (buy-in). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Next step is to convert the individual members pension to a direct </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">insurance with Royal London (buy-out). Preparation work for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">buy-out process has been ongoing during 2025.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Employee benefit obligations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pension payments concerning defined contribution plans are recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on an ongoing basis in the statement of profit and loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined benefit plans are stated at the net present value at the r<span class="_ _3"/>eporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date and included in the consolidated financial statements. Adjustments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the plans are carried out on a regular basis in accor<span class="_ _3"/>dance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">underlying actuarial assessments. Actuarial gains or losses for defined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefit plans are r<span class="_ _3"/>ecognised in full in the period in which they occur in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income. The actuarial assessment is carried out </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">every year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Funded benefit plans have assets placed in trustee-administered pension </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">funds, which are governed by local regulations and practice in each </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">country.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If a benefit plan constitutes a net asset, the net asset is recognised only </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the extent that it equals the value of future repayments or will lead to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduced futur<span class="_ _3"/>e payments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The payments to the pension funds are based on the usual actuarial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assessments and are r<span class="_ _3"/>ecognised in the statement of profit and loss after </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maturity. Provided that the actuarial assessments of pension obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">show noticeable excess solvency or insolvency in relation to the pension </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fund’<span class="_ _ac"/>s assets, the difference is entered to the statement of financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position and the future payments are adjusted accor<span class="_ _3"/>dingly. With regard </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to these schemes, the actuarial assessment is also carried out every year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pension costs</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:150.453125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 604.102px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 476.415px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.9375px; width: 133.775px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Defined contributi</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on plans:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.875px; width: 604.283px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">og</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ni</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 359.666px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">36</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.8281px; width: 108.475px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Defined benefit plans</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -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="position: absolute; display: inline-block; left: 0px; top: 79.0391px; width: 604.512px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pension</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> cos</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 458.572px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 98.9766px; width: 604.494px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest costs</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 459.529px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 118.914px; width: 603.891px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 445.815px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 139.578px; width: 604.406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">og</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ni</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 365.408px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 68.1562px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In 2<span class="_ _1"/>025, t<span class="_ _1"/>he Gr<span class="_ _1"/>ou<span class="_ _1"/>p ex<span class="_ _1"/>pe<span class="_ _1"/>c<span class="_ _1"/>t<span class="_ _1"/>s to p<span class="_ _1"/>ay co<span class="_ _1"/>nt<span class="_ _1"/>r<span class="_ _1"/>ib<span class="_ _1"/>ut<span class="_ _1"/>ion<span class="_ _1"/>s of 4 ME<span class="_ _1"/>UR to d<span class="_ _1"/>ef<span class="_ _1"/>in<span class="_ _1"/>ed b<span class="_ _1"/>en<span class="_ _1"/>ef<span class="_ _1"/>it p<span class="_ _1"/>lan<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:113.255859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 191.256px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Defined benefit pension plans</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 22.6406px; width: 603.299px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 252.287px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.754px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2023</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2022</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2021</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 41.8516px; width: 603.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pre</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ent v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue of p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">si</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iab</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ili</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.103px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">193</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">200</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">198</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">177</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> 239</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 61.7891px; width: 603.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fai</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r val</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f pla</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.789px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-189</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-187</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-189</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-179</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-214</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 81.7266px; width: 603.117px; white-space: pre; word-spacing: -0.1365px; letter-spacing: 0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">As</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">set ceiling limi</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tatio</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 184.242px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">35</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">29</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">30</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 102.391px; width: 603.123px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pen</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">si</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ob</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ga</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n, n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.945px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">42</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> 35</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Key assumptions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:71.0859375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 603.428px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eighted average</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 418.511px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.2109px; width: 603.012px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">In</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">eas</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e in s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d wag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 361.98px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1.6%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">1.7%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.1484px; width: 603.398px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Discount r</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 442.267px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2.7%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.0859px; width: 603.328px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Remaining</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> life expect</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ancy at the</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> time of</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> retirement (years)</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 235.025px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">24</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined benefit pension obligations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:190.328125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 603.264px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 475.575px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.2109px; width: 603.234px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Obligations 1/</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 437.625px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">200</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">198</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.1484px; width: 603.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">E</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 385.98px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.0859px; width: 603.656px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pension costs</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 457.616px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 79.0234px; width: 603.539px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest costs</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 458.572px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 98.9766px; width: 603.445px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Act</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uarial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> gains/los</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ses from changes</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> in demographic assumptions</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 208.506px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 118.914px; width: 603.639px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Act</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uarial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> gains/los</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ses from changes</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> in financial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> assumptions</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 138.852px; width: 603.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ua</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al ga</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s/</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ha</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s in e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 280.957px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 158.789px; width: 603.24px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Benefit</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s paid</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 456.022px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-9</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-11</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 179.453px; width: 603.018px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">O</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 419.595px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">193</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.0998px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">200</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e wei<span class="_ _1"/>gh<span class="_ _1"/>te<span class="_ _1"/>d aver<span class="_ _1"/>a<span class="_ _1"/>ge ex<span class="_ _1"/>p<span class="_ _1"/>ec<span class="_ _1"/>t<span class="_ _1"/>ed d<span class="_ _1"/>ur<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n of t<span class="_ _1"/>he d<span class="_ _1"/>ef<span class="_ _1"/>ine<span class="_ _1"/>d b<span class="_ _1"/>en<span class="_ _1"/>ef<span class="_ _1"/>it o<span class="_ _1"/>bli<span class="_ _1"/>gat<span class="_ _1"/>io<span class="_ _1"/>ns i<span class="_ _1"/>s <span class="ls53 ws50">13<span class="_ _1"/> y<span class="_ _1"/>e<span class="_ _1"/>a<span class="_ _1"/>r<span class="_ _2"/>s<span class="_ _1"/></span> (2<span class="_ _1"/>024: 1<span class="_ _3"/>4 yea<span class="_ _1"/>r<span class="_ _1"/>s).</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;position:relative;height:85.0390625px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 576.598px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Assumptions</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Discount rate</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 72.7733px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Salary increase</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">Life expectancy</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 234.641px; top: 15.9531px; width: 369.75px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">+1.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">+1.0%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1 year</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 33.4512px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">+1 year</span></span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 34.0312px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 52.8359px; width: 603.826px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">202</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">5 - Im</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t on ob</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.793px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-21</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 59.9239px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">5</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.0391px; width: 603.844px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 - I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ob</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lig</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ion</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.793px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-23</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 59.9239px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">4</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e se<span class="_ _1"/>ns<span class="_ _1"/>it<span class="_ _1"/>iv<span class="_ _1"/>it<span class="_ _1"/>y a<span class="_ _1"/>nal<span class="_ _1"/>ys<span class="_ _1"/>is a<span class="_ _1"/>bov<span class="_ _1"/>e has b<span class="_ _1"/>ee<span class="_ _1"/>n d<span class="_ _1"/>ete<span class="_ _1"/>r<span class="_ _1"/>min<span class="_ _1"/>ed b<span class="_ _1"/>as<span class="_ _1"/>ed o<span class="_ _1"/>n a me<span class="_ _1"/>th<span class="_ _1"/>od t<span class="_ _1"/>ha<span class="_ _1"/>t ex<span class="_ _1"/>t<span class="_ _1"/>ra<span class="_ _1"/>po<span class="_ _1"/>la<span class="_ _1"/>tes t<span class="_ _1"/>he i<span class="_ _1"/>mp<span class="_ _1"/>ac<span class="_ _1"/>t o<span class="_ _1"/>n t<span class="_ _1"/>he de<span class="_ _1"/>fi<span class="_ _1"/>ne<span class="_ _1"/>d be<span class="_ _1"/>ne<span class="_ _1"/>fi<span class="_ _1"/>t </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ob<span class="_ _1"/>lig<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n as a re<span class="_ _1"/>su<span class="_ _1"/>lt o<span class="_ _1"/>f rea<span class="_ _1"/>so<span class="_ _1"/>na<span class="_ _1"/>bl<span class="_ _1"/>e cha<span class="_ _1"/>ng<span class="_ _1"/>es i<span class="_ _1"/>n key as<span class="_ _1"/>s<span class="_ _1"/>um<span class="_ _1"/>pti<span class="_ _1"/>on<span class="_ _1"/>s.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pension plan assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:163.4375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 17.2734px; width: 397.359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 193.94px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">187</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">189</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 35.2734px; width: 397.635px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 182.684px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 53.2734px; width: 397.67px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 242.062px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.8516px; width: 397.236px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Return on plan assets</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 213.639px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-5</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 94.4453px; width: 397.529px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Employer’s</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> contrib</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ution</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 112.445px; width: 397.67px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Participant</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">’</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s contribution</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 195.217px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 130.445px; width: 397.254px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Benefit</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s paid</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 250.23px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-9</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 152.562px; width: 397.049px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pen</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">si</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts 31/12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 173.092px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">189</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.0998px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">187</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Composition of pension plan assets</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:130.9140625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.9375px; width: 158.027px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s q</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uote</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d in a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rke</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.1641px; width: 397.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Equ</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s in Eu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rop</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rke</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 163.166px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">28%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">26%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.1016px; width: 397.494px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s in Eu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an ma</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ket</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.789px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 79.7656px; width: 85.6582px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Asset</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s unquo</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ted:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 98.9766px; width: 397.084px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 285.147px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">6%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">3%</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 118.914px; width: 303.422px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 275.016px; font-size: 10.5px; font-family: ff2; -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: 303.422px; top: 118.914px; width: 19.166px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">56%</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 322.588px; top: 118.914px; width: 55.7578px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 378.346px; top: 118.914px; width: 19.166px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">59%</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Employee benefit obligations</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Pension payments concerning defined contribution plans are recognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on an ongoing basis in the statement of profit and loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Defined benefit plans are stated at the net present value at the r<span class="_ _3"/>eporting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date and included in the consolidated financial statements. Adjustments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the plans are carried out on a regular basis in accor<span class="_ _3"/>dance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">underlying actuarial assessments. Actuarial gains or losses for defined </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefit plans are r<span class="_ _3"/>ecognised in full in the period in which they occur in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income. The actuarial assessment is carried out </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">every year<span class="_ _0"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Funded benefit plans have assets placed in trustee-administered pension </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">funds, which are governed by local regulations and practice in each </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">country.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If a benefit plan constitutes a net asset, the net asset is recognised only </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the extent that it equals the value of future repayments or will lead to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduced futur<span class="_ _3"/>e payments.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The payments to the pension funds are based on the usual actuarial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assessments and are r<span class="_ _3"/>ecognised in the statement of profit and loss after </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maturity. Provided that the actuarial assessments of pension obligations </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">show noticeable excess solvency or insolvency in relation to the pension </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fund’<span class="_ _ac"/>s assets, the difference is entered to the statement of financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position and the future payments are adjusted accor<span class="_ _3"/>dingly. With regard </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to these schemes, the actuarial assessment is also carried out every year<span class="_ _0"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.7 Provisions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions r<span class="_ _3"/>elate primarily to jubilee obligations and retirement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits, refurbishment obligations, warranties, fair value pr<span class="_ _3"/>ovision </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for phantom shares, r<span class="_ _3"/>estructuring, and ongoing disputes.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As at 31 December 2025, other provisions include a pr<span class="_ _3"/>ovision of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1 MEUR (2024: 1 MEUR) for restructuring measur<span class="_ _3"/>es, which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be utilised within one year<span class="_ _ac"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:237.427734375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 65.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Provisions</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 411.453px; top: 18.4219px; width: 291.059px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 244.688px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 387.438px; top: 36px; width: 34.7695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Claims </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 655.094px; top: 36px; width: 34.7695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Claims </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 373.922px; top: 48px; width: 47.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">and legal </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 642.047px; top: 48px; width: 47.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">and legal </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 60px; width: 354.773px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 271.383px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Employees</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 384.078px; top: 60px; width: 238.365px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">actions</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Other</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 23.5254px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Employees</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 652.5px; top: 60px; width: 161.525px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">actions</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Other</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 77.4609px; width: 813.996px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Provisions 1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 277.072px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 53.4607px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.8516px; width: 813.967px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the y</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 244.207px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 57.6623px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 57.6623px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 110.664px; width: 813.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.688px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-7</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 127.477px; width: 813.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Reve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he y</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.287px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-8</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 148.609px; width: 813.586px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ov</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 258.715px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 173.172px; width: 167.08px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current/non-current</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> classif</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ication</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -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="position: absolute; display: inline-block; left: 0px; top: 190.633px; width: 813.627px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current liabil</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 238.576px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">20</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 205.227px; width: 814.061px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current liabil</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 266.549px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 57.6623px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 57.6623px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 226.562px; width: 813.586px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ov</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 258.715px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions ar<span class="_ _3"/>e recognised when a legal or constructive obligation has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been incurred as a r<span class="_ _3"/>esult of past events, when it is probable it will lead to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an outflow of financial resour<span class="_ _3"/>ces, and when the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. The provision is calculated as the amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be paid to settle the obligation.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">3.7 Provisions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions r<span class="_ _3"/>elate primarily to jubilee obligations and retirement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">benefits, refurbishment obligations, warranties, fair value pr<span class="_ _3"/>ovision </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for phantom shares, r<span class="_ _3"/>estructuring, and ongoing disputes.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As at 31 December 2025, other provisions include a pr<span class="_ _3"/>ovision of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">1 MEUR (2024: 1 MEUR) for restructuring measur<span class="_ _3"/>es, which is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be utilised within one year<span class="_ _ac"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:237.427734375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 65.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Provisions</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 411.453px; top: 18.4219px; width: 291.059px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 244.688px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: 387.438px; top: 36px; width: 34.7695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Claims </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 655.094px; top: 36px; width: 34.7695px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Claims </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 373.922px; top: 48px; width: 47.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">and legal </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 642.047px; top: 48px; width: 47.1914px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">and legal </span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 60px; width: 354.773px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 271.383px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Employees</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 384.078px; top: 60px; width: 238.365px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">actions</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Other</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 23.5254px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Employees</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 652.5px; top: 60px; width: 161.525px; white-space: pre; word-spacing: 0.105px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">actions</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">Other</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 40.746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 77.4609px; width: 813.996px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Provisions 1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 277.072px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 53.4607px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">37</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.8516px; width: 813.967px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Additions for the y</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 244.207px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 57.6623px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 57.6623px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 110.664px; width: 813.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.688px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-7</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 127.477px; width: 813.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Reve</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he y</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.287px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 67.7696px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-8</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 148.609px; width: 813.586px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ov</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 258.715px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 173.172px; width: 167.08px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current/non-current</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> classif</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ication</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -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="position: absolute; display: inline-block; left: 0px; top: 190.633px; width: 813.627px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current liabil</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 238.576px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">27</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.2773px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">20</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 205.227px; width: 814.061px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current liabil</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 266.549px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 57.6623px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 57.6623px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 52.9042px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 226.562px; width: 813.586px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ov</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 258.715px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.1386px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">32</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions ar<span class="_ _3"/>e recognised when a legal or constructive obligation has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been incurred as a r<span class="_ _3"/>esult of past events, when it is probable it will lead to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an outflow of financial resour<span class="_ _3"/>ces, and when the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. The provision is calculated as the amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be paid to settle the obligation.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions ar<span class="_ _3"/>e recognised when a legal or constructive obligation has </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">been incurred as a r<span class="_ _3"/>esult of past events, when it is probable it will lead to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an outflow of financial resour<span class="_ _3"/>ces, and when the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. The provision is calculated as the amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected to be paid to settle the obligation.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4.1 Inventories</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The main part of the write-down of inventory relates to write-down </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of spare parts inventory.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:197.75px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 393.018px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 265.33px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 18.3203px; width: 392.83px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Raw materials and consumables</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 148.898px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">174</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">198</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.9141px; width: 393.029px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Work in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> progress</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 225.287px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">18</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.3984px; width: 392.941px; white-space: pre; word-spacing: -0.2835px; letter-spacing: 0.2835px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fini</span><span style="word-spacing: -0.2835px; letter-spacing: 0.2835px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">shed goods</span><span style="word-spacing: -0.2835px; letter-spacing: 0.2835px; display: inline-block; margin-left: 0px; width: 227.285px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">183</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">165</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 70.2188px; width: 392.854px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">I</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>31/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 212.596px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">374</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">381</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.4297px; width: 392.836px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Inventor</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y before write</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">downs</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 159.123px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">487</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">471</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 114.008px; width: 393.129px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Write-</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dow</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns 1</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 224.32px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-90</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-87</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 128.602px; width: 393.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ang</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e in t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he y</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 222.316px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 145.602px; width: 393.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s </span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-25</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 166.211px; width: 393.029px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Write-</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dow</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns 3</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 207.961px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-113</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-90</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 186.875px; width: 301.418px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">I</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>31/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 212.596px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 301.418px; top: 186.875px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">374</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 318.809px; top: 186.875px; width: 56.6543px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 375.463px; top: 186.875px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">381</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories are valued at the lowest value of historical cost calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a weighted average or the net realisation value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cost of finished goods and work in progr<span class="_ _3"/>ess include the direct costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of production materials and wages, as well as indirect pr<span class="_ _3"/>oduction costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">such as personnel costs, maintenance costs and depreciation of plant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and machinery.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">At least once a year<span class="_ _0"/>, management assesses whether the standard cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of inventories approximates actual cost. During the year<span class="_ _ac"/>, standard cost </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is revised if it deviates significantly from actual cost. Indir<span class="_ _3"/>ect production </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs are assessed on an ongoing basis to ensur<span class="_ _3"/>e reliable measurement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of capacity utilisation, production hours, product applications and other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">factors.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Calculation of the net realisable value of inventories is relevant mainly for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">finished goods and spare parts. The estimate of inventory write-downs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is considering excess quantities, condition of the inventory and lower </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">selling prices.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4.2 T<span class="_ _67"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:142.40625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 395.666px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 267.978px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.2109px; width: 242.467px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade receivables before allowance</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> for bad debts </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 304.766px; top: 25.2266px; width: 90.5977px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">350</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">350</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.2266px; width: 103.436px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(maximum credit</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ris</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k)</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 55.7891px; width: 395.666px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance for bad</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> debt</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 170.238px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 70.3828px; width: 395.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mov</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ent</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 87.3984px; width: 396.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Rea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lis</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d los</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 112.633px; width: 395.543px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance for bad</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> debt</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 3</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 159.709px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 131.531px; width: 304.195px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables 31</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 182.279px; font-size: 10.5px; font-family: ff1; -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: 304.195px; top: 131.531px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">333</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.586px; top: 131.531px; width: 56.6543px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 378.24px; top: 131.531px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">338</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rade receivables are measur<span class="_ _3"/>ed at amortised cost less allowance for bad </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt based on the expected credit loss model.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group applies the simplified approach to measur<span class="_ _3"/>e expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, which uses a lifetime expected loss allowance for all trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o measure the expected credit losses, trade receivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on shar<span class="_ _3"/>ed credit risk characteristics and the days past due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected loss rates are based on the payment profiles of sales over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a period of 60 months before 1 January 2025 and the corresponding </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">historical credit losses experienced within this period. The historical loss </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates are adjusted to reflect curr<span class="_ _3"/>ent and forward-looking information on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">macroeconomic factors af<span class="_ _3"/>fecting the ability of the customers to settle </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the receivables.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Due to the considerable customer spread in terms of geographical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">location and numbers, the credit risk is fundamentally limited. T<span class="_ _67"/>o </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a minor degree, when consider<span class="_ _3"/>ed necessary, insurance or bank </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">guarantees are used to hedge outstanding r<span class="_ _3"/>eceivables.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As a consequence of the international diversification of the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities there ar<span class="_ _3"/>e business relations with a number of differ<span class="_ _3"/>ent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">banks in Europe, North America and Asia. T<span class="_ _67"/>o minimise the credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">risk on placement of funds and on entering into agreements on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">derivative financial instruments, only major<span class="_ _ac"/>, financially sound<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">institutions are used.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer credit risks ar<span class="_ _3"/>e assessed considering the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, past experience, and other factors. Individual risk limits </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are set based on internal and external ratings. For bad debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance related to trade r<span class="_ _3"/>eceivables, please refer to note 4.2.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4.2 T<span class="_ _67"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:142.40625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 395.666px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 267.978px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.2109px; width: 242.467px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade receivables before allowance</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> for bad debts </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 304.766px; top: 25.2266px; width: 90.5977px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">350</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">350</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.2266px; width: 103.436px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(maximum credit</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ris</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k)</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 55.7891px; width: 395.666px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance for bad</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> debt</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 170.238px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 70.3828px; width: 395.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mov</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ent</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 87.3984px; width: 396.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Rea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lis</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d los</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 112.633px; width: 395.543px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance for bad</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> debt</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 3</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 159.709px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 131.531px; width: 304.195px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables 31</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 182.279px; font-size: 10.5px; font-family: ff1; -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: 304.195px; top: 131.531px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">333</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.586px; top: 131.531px; width: 56.6543px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 378.24px; top: 131.531px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">338</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rade receivables are measur<span class="_ _3"/>ed at amortised cost less allowance for bad </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt based on the expected credit loss model.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group applies the simplified approach to measur<span class="_ _3"/>e expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, which uses a lifetime expected loss allowance for all trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o measure the expected credit losses, trade receivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on shar<span class="_ _3"/>ed credit risk characteristics and the days past due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected loss rates are based on the payment profiles of sales over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a period of 60 months before 1 January 2025 and the corresponding </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">historical credit losses experienced within this period. The historical loss </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates are adjusted to reflect curr<span class="_ _3"/>ent and forward-looking information on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">macroeconomic factors af<span class="_ _3"/>fecting the ability of the customers to settle </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the receivables.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Allowance for bad debts based on the expected credit loss model</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:144.71484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.906px; top: 0.0039062px; width: 25.0254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff3; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 412.641px; top: 14.7969px; width: 29.7773px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross </span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 466.844px; top: 14.7969px; width: 50.5547px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 320.875px; top: 26.7969px; width: 46.9043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Expected</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 402.016px; top: 26.7969px; width: 40.6934px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">carrying</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 480.531px; top: 26.7969px; width: 36.9668px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">for bad</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px 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: 38.8125px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.938px; top: 38.8125px; width: 38.4023px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">loss rate</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 404.625px; top: 38.8125px; width: 34.9863px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 491.5px; top: 38.8125px; width: 96.2344px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">debt</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 54.8984px; width: 588.932px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Curre</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 306.668px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0.1%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">324</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">324</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.7422px; width: 589.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 90.7578px; width: 589.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 da</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ys p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.582px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 107.773px; width: 588.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 206.291px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 133.844px; width: 588.562px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Tot</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l 31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 365.408px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">350</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">333</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:140.24609375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 146.109px; top: 0.0039062px; width: 313.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff3; -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: 285.147px; font-size: 11.25px; font-family: ff3; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 412.641px; top: 14.5156px; width: 29.7773px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross </span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 466.844px; top: 14.5156px; width: 50.5547px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 320.875px; top: 26.5156px; width: 46.9043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Expected</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 402.016px; top: 26.5156px; width: 40.6934px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">carrying</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 480.531px; top: 26.5156px; width: 36.9668px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">for bad</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px 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: 38.5156px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.938px; top: 38.5156px; width: 38.4023px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">loss rate</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 404.625px; top: 38.5156px; width: 34.9863px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 491.5px; top: 38.5156px; width: 96.2344px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">debt</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 52.5703px; width: 588.932px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Curre</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 306.668px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0.1%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">331</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">331</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.3984px; width: 589.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 86.4141px; width: 589.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 da</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ys p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.582px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 103.414px; width: 588.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 206.291px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 129.375px; width: 422.35px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Tot</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l 31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 365.408px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 422.35px; top: 129.375px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">350</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 439.74px; top: 129.375px; width: 60.4922px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 500.232px; top: 129.375px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 514.518px; top: 129.375px; width: 56.6543px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 571.172px; top: 129.375px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">338</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">4.2 T<span class="_ _67"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:142.40625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 395.666px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 267.978px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 19.2109px; width: 242.467px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade receivables before allowance</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> for bad debts </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 304.766px; top: 25.2266px; width: 90.5977px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">350</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">350</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 31.2266px; width: 103.436px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">(maximum credit</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ris</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k)</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 55.7891px; width: 395.666px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance for bad</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> debt</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 170.238px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 70.3828px; width: 395.789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mov</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ent</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 87.3984px; width: 396.053px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Rea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lis</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d los</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">g th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 112.633px; width: 395.543px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance for bad</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> debt</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s 3</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 159.709px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 131.531px; width: 304.195px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rade receivables 31</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 182.279px; font-size: 10.5px; font-family: ff1; -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: 304.195px; top: 131.531px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">333</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 321.586px; top: 131.531px; width: 56.6543px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 378.24px; top: 131.531px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">338</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rade receivables are measur<span class="_ _3"/>ed at amortised cost less allowance for bad </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt based on the expected credit loss model.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group applies the simplified approach to measur<span class="_ _3"/>e expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, which uses a lifetime expected loss allowance for all trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o measure the expected credit losses, trade receivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on shar<span class="_ _3"/>ed credit risk characteristics and the days past due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected loss rates are based on the payment profiles of sales over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a period of 60 months before 1 January 2025 and the corresponding </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">historical credit losses experienced within this period. The historical loss </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates are adjusted to reflect curr<span class="_ _3"/>ent and forward-looking information on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">macroeconomic factors af<span class="_ _3"/>fecting the ability of the customers to settle </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the receivables.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Allowance for bad debts based on the expected credit loss model</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:144.71484375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 433.906px; top: 0.0039062px; width: 25.0254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff3; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 412.641px; top: 14.7969px; width: 29.7773px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross </span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 466.844px; top: 14.7969px; width: 50.5547px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 320.875px; top: 26.7969px; width: 46.9043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Expected</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 402.016px; top: 26.7969px; width: 40.6934px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">carrying</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 480.531px; top: 26.7969px; width: 36.9668px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">for bad</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px 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: 38.8125px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.938px; top: 38.8125px; width: 38.4023px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">loss rate</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 404.625px; top: 38.8125px; width: 34.9863px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 491.5px; top: 38.8125px; width: 96.2344px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">debt</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 54.8984px; width: 588.932px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Curre</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 306.668px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0.1%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">324</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">324</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.7422px; width: 589.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">8</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 90.7578px; width: 589.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 da</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ys p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.582px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 107.773px; width: 588.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 206.291px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-16</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 133.844px; width: 588.562px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Tot</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l 31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 365.408px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">350</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">333</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:140.24609375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 146.109px; top: 0.0039062px; width: 313.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff3; -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: 285.147px; font-size: 11.25px; font-family: ff3; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2024</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 412.641px; top: 14.5156px; width: 29.7773px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Gross </span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 466.844px; top: 14.5156px; width: 50.5547px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Allowance</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 320.875px; top: 26.5156px; width: 46.9043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Expected</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -3.51735px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -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: 402.016px; top: 26.5156px; width: 40.6934px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">carrying</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 480.531px; top: 26.5156px; width: 36.9668px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">for bad</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> </span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px 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: 38.5156px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 325.938px; top: 38.5156px; width: 38.4023px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">loss rate</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 404.625px; top: 38.5156px; width: 34.9863px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -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: 491.5px; top: 38.5156px; width: 96.2344px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">debt</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.50165px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">otal</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 52.5703px; width: 588.932px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Curre</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 306.668px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0.1%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">331</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">331</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.3984px; width: 589.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ue</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 86.4141px; width: 589.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 6</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 da</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ys p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.582px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">40%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></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: 65.7188px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 103.414px; width: 588.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han 9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 206.291px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-11</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 129.375px; width: 422.35px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Tot</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l 31/</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 365.408px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 422.35px; top: 129.375px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">350</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 439.74px; top: 129.375px; width: 60.4922px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 500.232px; top: 129.375px; width: 14.2852px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-12</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 514.518px; top: 129.375px; width: 56.6543px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 571.172px; top: 129.375px; width: 17.3906px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">338</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Inventories are valued at the lowest value of historical cost calculated as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a weighted average or the net realisation value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The cost of finished goods and work in progr<span class="_ _3"/>ess include the direct costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of production materials and wages, as well as indirect pr<span class="_ _3"/>oduction costs </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">such as personnel costs, maintenance costs and depreciation of plant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and machinery.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>rade receivables</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _0"/>rade receivables are measur<span class="_ _3"/>ed at amortised cost less allowance for bad </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">debt based on the expected credit loss model.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group applies the simplified approach to measur<span class="_ _3"/>e expected credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">losses, which uses a lifetime expected loss allowance for all trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o measure the expected credit losses, trade receivables have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">grouped based on shar<span class="_ _3"/>ed credit risk characteristics and the days past due.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The expected loss rates are based on the payment profiles of sales over </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a period of 60 months before 1 January 2025 and the corresponding </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">historical credit losses experienced within this period. The historical loss </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rates are adjusted to reflect curr<span class="_ _3"/>ent and forward-looking information on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">macroeconomic factors af<span class="_ _3"/>fecting the ability of the customers to settle </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the receivables.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Exchange rate risk</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As a consequence of the Group’<span class="_ _67"/>s structure, revenue and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenditure in for<span class="_ _3"/>eign currency are to a significant degr<span class="_ _3"/>ee set </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">off against each other<span class="_ _ac"/>, so that the Group is not exposed to major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange rate risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commercial exchange rate risks, which cannot be set of<span class="_ _3"/>f, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedged on a continuous basis in the individual companies, to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extent that they may significantly affect the r<span class="_ _3"/>esults in a negative </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">direction, using curr<span class="_ _3"/>ency loans, currency deposits and/or financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">derivatives. The Group’<span class="_ _67"/>s hedging reserve is disclosed under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">“Statement of changes in equity” and is immaterial.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s revenue and expenditures ar<span class="_ _3"/>e subject to exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate fluctuations on translation into EUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A sensitivity analysis is prepar<span class="_ _3"/>ed for the Group’<span class="_ _67"/>s result and equity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the underlying currency transactions. The financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments included are cash, r<span class="_ _3"/>eceivables, payables, current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liabilities, and financial investments without taking hedging <span class="ls0"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into account.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impact on revenue of the dif<span class="_ _3"/>ference between the average rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the year<span class="_ _0"/>-end rate amounted to 25 MEUR (2024: 5 MEUR) for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the five most exposed currencies (USD, RUB, CAD, PLN, and GBP), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which is a change of minus 0.7 percent (2024: 0.1 per<span class="_ _3"/>cent).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s policy is not to hedge exchange rate risks in lo<span class="_ _3"/>ng<span class="_ _3"/>-te<span class="_ _3"/>rm </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investments in subsidiaries. When relevant, external in<span class="_ _1"/>v<span class="_ _1"/>es<span class="_ _1"/>tm<span class="_ _1"/>en<span class="_ _1"/>t<span class="_ _1"/> l<span class="_ _1"/>oa<span class="_ _1"/>n<span class="_ _1"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Group loans ar<span class="_ _3"/>e, as a general rule, established in the local </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">currency of the company involved, while cash at bank and in hand is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">placed in local currency.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group was exposed to for<span class="_ _3"/>eign currency risk on the intercompany </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">balance between ROCKWOOL A/S and a Russian subsidiary. Due to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the economic environment, it has not been possible to hedge this </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position since March 2022, which r<span class="_ _3"/>esulted in an unrealised exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate loss of 10 MEUR in 2025 (2024: gain of 4 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In the few countries with ineffective financial markets, loans can </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be raised and surplus liquidity placed in DKK or EUR, subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to approval by the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s finance function. Most Group loans </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that are not established in DKK or EUR ar<span class="_ _3"/>e hedged via forward </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">agreements, curr<span class="_ _3"/>ency loans, cash pools, or the swap market</span></span>.</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;">The Group’<span class="_ _67"/>s policy is that necessary financing of investments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">should primarily be affected by raising five to seven year loans at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fixed or variable interest rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Drawings on credit facilities at variable inter<span class="_ _3"/>est rates generally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">match the funds, and all Group loans ar<span class="_ _3"/>e symmetrical in ter<span class="_ _1"/>ms of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rates. Changes in inter<span class="_ _3"/>est rates are therefor<span class="_ _3"/>e not expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to have a significant effect on the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s result.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.1 Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _14f"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:104.2734375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.23px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income </span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 233.402px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.729px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foreign</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> exchange gains</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 58.1719px; width: 397.184px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance income</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 231.603px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">51</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">40</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.2734px; width: 215.086px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof finance income</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> on financial assets at </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.2734px; width: 72.3574px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.156px; top: 92.2734px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.859px; top: 92.2734px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">32</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.1 Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _14f"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:104.2734375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.23px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income </span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 233.402px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.729px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foreign</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> exchange gains</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 58.1719px; width: 397.184px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance income</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 231.603px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">51</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">40</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.2734px; width: 215.086px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof finance income</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> on financial assets at </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.2734px; width: 72.3574px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.156px; top: 92.2734px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.859px; top: 92.2734px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">32</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:121.2734375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.354px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses and sim</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ilar</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 171.685px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.494px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses lease l</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 158.531px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 49.2266px; width: 397.934px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foreign</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> exchange losses</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 75.1875px; width: 397.207px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> expenses</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 97.2734px; width: 238.184px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof finance</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> expenses on financial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> liabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> at </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.273px; width: 72.3574px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.156px; top: 109.273px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.859px; top: 109.273px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.2 Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As a consequence of ROCKWOOL Group’<span class="_ _67"/>s extensive inter<span class="_ _1"/>national </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities, the Group’<span class="_ _67"/>s statement of profit and loss and equity is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subject to a number of financial risks. The Group manages these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">risks in the following categories:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Exchange rate risk</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Interest rate risk</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Liquidity risk</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Credit risk</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s policy is to identify and hedge significant financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">risks on an ongoing basis. This is the responsibility of the individual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">companies in which financial risks might arise and is supported </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">overall by the Group’<span class="_ _67"/>s treasury department. The parent company </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">continuously monitors the Group’<span class="_ _67"/>s financial risks in accordance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a framework determined by Group Management and/or the Board </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of Directors.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Exchange rate risk</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As a consequence of the Group’<span class="_ _67"/>s structure, revenue and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenditure in for<span class="_ _3"/>eign currency are to a significant degr<span class="_ _3"/>ee set </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">off against each other<span class="_ _ac"/>, so that the Group is not exposed to major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange rate risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commercial exchange rate risks, which cannot be set of<span class="_ _3"/>f, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedged on a continuous basis in the individual companies, to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extent that they may significantly affect the r<span class="_ _3"/>esults in a negative </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">direction, using curr<span class="_ _3"/>ency loans, currency deposits and/or financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">derivatives. The Group’<span class="_ _67"/>s hedging reserve is disclosed under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">“Statement of changes in equity” and is immaterial.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s revenue and expenditures ar<span class="_ _3"/>e subject to exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate fluctuations on translation into EUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A sensitivity analysis is prepar<span class="_ _3"/>ed for the Group’<span class="_ _67"/>s result and equity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the underlying currency transactions. The financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments included are cash, r<span class="_ _3"/>eceivables, payables, current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liabilities, and financial investments without taking hedging <span class="ls0"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into account.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impact on revenue of the dif<span class="_ _3"/>ference between the average rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the year<span class="_ _0"/>-end rate amounted to 25 MEUR (2024: 5 MEUR) for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the five most exposed currencies (USD, RUB, CAD, PLN, and GBP), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which is a change of minus 0.7 percent (2024: 0.1 per<span class="_ _3"/>cent).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s policy is not to hedge exchange rate risks in lo<span class="_ _3"/>ng<span class="_ _3"/>-te<span class="_ _3"/>rm </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investments in subsidiaries. When relevant, external in<span class="_ _1"/>v<span class="_ _1"/>es<span class="_ _1"/>tm<span class="_ _1"/>en<span class="_ _1"/>t<span class="_ _1"/> l<span class="_ _1"/>oa<span class="_ _1"/>n<span class="_ _1"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Group loans ar<span class="_ _3"/>e, as a general rule, established in the local </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">currency of the company involved, while cash at bank and in hand is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">placed in local currency.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group was exposed to for<span class="_ _3"/>eign currency risk on the intercompany </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">balance between ROCKWOOL A/S and a Russian subsidiary. Due to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the economic environment, it has not been possible to hedge this </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position since March 2022, which r<span class="_ _3"/>esulted in an unrealised exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate loss of 10 MEUR in 2025 (2024: gain of 4 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In the few countries with ineffective financial markets, loans can </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be raised and surplus liquidity placed in DKK or EUR, subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to approval by the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s finance function. Most Group loans </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that are not established in DKK or EUR ar<span class="_ _3"/>e hedged via forward </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">agreements, curr<span class="_ _3"/>ency loans, cash pools, or the swap market</span></span>.</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;">The Group’<span class="_ _67"/>s policy is that necessary financing of investments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">should primarily be affected by raising five to seven year loans at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fixed or variable interest rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Drawings on credit facilities at variable inter<span class="_ _3"/>est rates generally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">match the funds, and all Group loans ar<span class="_ _3"/>e symmetrical in ter<span class="_ _1"/>ms of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rates. Changes in inter<span class="_ _3"/>est rates are therefor<span class="_ _3"/>e not expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to have a significant effect on the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s result.</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;">The current surplus and deficit liquidity in the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are set of<span class="_ _3"/>f, to the extent that this is profitable, via the parent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company acting as intra-Group bank and via cash pool systems. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When considered appr<span class="_ _3"/>opriate, underlying cash pool systems are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">established in foreign companies. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o the extent that the financial reserves ar<span class="_ _3"/>e of an appropriate size, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the parent company also acts as lender to the companies in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o ensure adequate financial r<span class="_ _3"/>eserves as defined by the Board of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Directors, investment loans can be raised on a continuous basis to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">partly cover new investments and to refinance existing loans. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">parent company has pr<span class="_ _3"/>ovided guarantees for some credit facilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and loans. The parent company has issued ownership clauses and/</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or deeds of postponement in connection with intercompany loans.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The parent company ensur<span class="_ _3"/>es on an ongoing basis that flexible, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unutilised committed credit facilities of an adequate size ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">established with investment-grade credit-rated banks. The Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial reserves also consist of cash at bank and in hand, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unused overdraft facilities.</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;">Due to the considerable customer spread in terms of geographical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">location and numbers, the credit risk is fundamentally limited. T<span class="_ _67"/>o </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a minor degree, when consider<span class="_ _3"/>ed necessary, insurance or bank </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">guarantees are used to hedge outstanding r<span class="_ _3"/>eceivables.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As a consequence of the international diversification of the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities there ar<span class="_ _3"/>e business relations with a number of differ<span class="_ _3"/>ent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">banks in Europe, North America and Asia. T<span class="_ _67"/>o minimise the credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">risk on placement of funds and on entering into agreements on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">derivative financial instruments, only major<span class="_ _ac"/>, financially sound<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">institutions are used.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer credit risks ar<span class="_ _3"/>e assessed considering the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, past experience, and other factors. Individual risk limits </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are set based on internal and external ratings. For bad debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance related to trade r<span class="_ _3"/>eceivables, please refer to note 4.2.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial assets and liabilities at fair value are r<span class="_ _3"/>elated to foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange forward contracts, for<span class="_ _3"/>eign exchange rate swaps, or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate swaps, all of which have been valued using a valuation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">technique with market observable inputs (level 2). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group does not use other valuation techniques. The Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enters into derivative financial instruments with financial institutions. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivatives valued using valuation techniques with market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">observable inputs are mainly for<span class="_ _3"/>eign exchange forward contracts. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most frequently applied valuation techniques include </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forward pricing models using pr<span class="_ _3"/>esent value calculations. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">models incorporate various inputs, including the credit quality of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">counterparties and foreign exchange spot rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Categories of financial assets and liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:219.796875px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 814.424px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 685.331px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 23.4453px; width: 810.598px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade receivables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 632.269px; font-size: 10.5px; font-family: ff2; -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: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">333</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">338</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.3672px; width: 810.188px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables </span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 632.269px; font-size: 10.5px; font-family: ff2; -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: 0.0945px; letter-spacing: -0.0945px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.0945px; letter-spacing: -0.0945px; display: inline-block; margin-left: 0px; width: 62.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.0105px; letter-spacing: 0.0105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">57</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 57.6797px; width: 810.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ca</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h and c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sh e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">qu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iv</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ale</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 589.98px; font-size: 10.5px; font-family: ff2; -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: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">8</span><span style="word-spacing: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">403</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 83.6406px; width: 810.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 538.489px; font-size: 10.5px; font-family: ff1; -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: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">490</span><span style="word-spacing: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">798</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 105.727px; width: 810.223px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial instrument</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s for hedging</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> of future cash flows</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 471.259px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 129.266px; width: 810.281px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial liabilities at</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> fair value</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> through other compreh</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensive incom</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 373.447px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 151.367px; width: 810.199px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 663.773px; font-size: 10.5px; font-family: ff2; -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: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">194</span><span style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 165.961px; width: 810.193px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade payables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 644.051px; font-size: 10.5px; font-family: ff2; -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: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">24</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">256</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 182.961px; width: 809.719px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 644.051px; font-size: 10.5px; font-family: ff2; -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: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">7</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 208.922px; width: 810.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ab</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">il</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 523.492px; font-size: 10.5px; font-family: ff1; -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: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">609</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff1; -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: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">492</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e c<span class="_ _1"/>ar<span class="_ _1"/>r<span class="_ _1"/>y<span class="_ _1"/>ing v<span class="_ _1"/>al<span class="_ _1"/>ue of t<span class="_ _1"/>he G<span class="_ _1"/>ro<span class="_ _1"/>up’s fina<span class="_ _1"/>nc<span class="_ _1"/>ial a<span class="_ _1"/>s<span class="_ _1"/>se<span class="_ _1"/>t<span class="_ _1"/>s and l<span class="_ _1"/>iab<span class="_ _1"/>ili<span class="_ _1"/>ti<span class="_ _1"/>es m<span class="_ _1"/>eas<span class="_ _1"/>ur<span class="_ _1"/>ed a<span class="_ _1"/>t am<span class="_ _1"/>or<span class="_ _2"/>tis<span class="_ _1"/>ed c<span class="_ _1"/>os<span class="_ _1"/>t a<span class="_ _1"/>re as<span class="_ _1"/>s<span class="_ _1"/>es<span class="_ _1"/>s<span class="_ _1"/>ed t<span class="_ _1"/>o be a r<span class="_ _1"/>eas<span class="_ _1"/>on<span class="_ _1"/>ab<span class="_ _1"/>le a<span class="_ _1"/>pp<span class="_ _1"/>rox<span class="_ _1"/>im<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n of f<span class="_ _1"/>air v<span class="_ _1"/>alu<span class="_ _1"/>e.</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;position:relative;height:249.8203125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 362.221px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ME</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">UR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITDA</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 24.6719px; width: 396.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n exc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.559px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 38.7266px; width: 395.906px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 55.5391px; width: 396.041px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">R</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 72.5547px; width: 267.697px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.697px; top: 72.5547px; width: 128.52px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 54.5565px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.5703px; width: 267.469px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 225.931px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.469px; top: 89.5703px; width: 128.994px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 106.57px; width: 395.936px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">G</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">P (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 49.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 330.188px; top: 132.812px; width: 29.584px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Equity</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 155.922px; width: 396.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n exc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.559px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.977px; width: 395.906px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 186.789px; width: 396.064px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">R</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">54</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 203.805px; width: 395.877px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 220.82px; width: 396.123px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 225.931px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 237.82px; width: 267.721px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">G</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">P (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.721px; top: 237.82px; width: 13.7461px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 281.467px; top: 237.82px; width: 43.1016px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.568px; top: 237.82px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.408px; top: 237.82px; width: 49.6523px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.061px; top: 237.82px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and r<span class="_ _3"/>eceivables from associates</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and r<span class="_ _3"/>eceivables from associates fall due within </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one year in both 2025 and 2024, and amounted to 49 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 57 MEUR).</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.2 Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As a consequence of ROCKWOOL Group’<span class="_ _67"/>s extensive inter<span class="_ _1"/>national </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities, the Group’<span class="_ _67"/>s statement of profit and loss and equity is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subject to a number of financial risks. The Group manages these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">risks in the following categories:</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Exchange rate risk</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Interest rate risk</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Liquidity risk</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="ff2 fc3"> Credit risk</span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s policy is to identify and hedge significant financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">risks on an ongoing basis. This is the responsibility of the individual </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">companies in which financial risks might arise and is supported </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">overall by the Group’<span class="_ _67"/>s treasury department. The parent company </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">continuously monitors the Group’<span class="_ _67"/>s financial risks in accordance with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a framework determined by Group Management and/or the Board </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of Directors.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Exchange rate risk</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As a consequence of the Group’<span class="_ _67"/>s structure, revenue and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expenditure in for<span class="_ _3"/>eign currency are to a significant degr<span class="_ _3"/>ee set </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">off against each other<span class="_ _ac"/>, so that the Group is not exposed to major </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange rate risks.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commercial exchange rate risks, which cannot be set of<span class="_ _3"/>f, are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedged on a continuous basis in the individual companies, to the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">extent that they may significantly affect the r<span class="_ _3"/>esults in a negative </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">direction, using curr<span class="_ _3"/>ency loans, currency deposits and/or financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">derivatives. The Group’<span class="_ _67"/>s hedging reserve is disclosed under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">“Statement of changes in equity” and is immaterial.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s revenue and expenditures ar<span class="_ _3"/>e subject to exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate fluctuations on translation into EUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A sensitivity analysis is prepar<span class="_ _3"/>ed for the Group’<span class="_ _67"/>s result and equity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the underlying currency transactions. The financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments included are cash, r<span class="_ _3"/>eceivables, payables, current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liabilities, and financial investments without taking hedging <span class="ls0"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into account.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impact on revenue of the dif<span class="_ _3"/>ference between the average rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the year<span class="_ _0"/>-end rate amounted to 25 MEUR (2024: 5 MEUR) for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the five most exposed currencies (USD, RUB, CAD, PLN, and GBP), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which is a change of minus 0.7 percent (2024: 0.1 per<span class="_ _3"/>cent).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s policy is not to hedge exchange rate risks in lo<span class="_ _3"/>ng<span class="_ _3"/>-te<span class="_ _3"/>rm </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investments in subsidiaries. When relevant, external in<span class="_ _1"/>v<span class="_ _1"/>es<span class="_ _1"/>tm<span class="_ _1"/>en<span class="_ _1"/>t<span class="_ _1"/> l<span class="_ _1"/>oa<span class="_ _1"/>n<span class="_ _1"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Group loans ar<span class="_ _3"/>e, as a general rule, established in the local </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">currency of the company involved, while cash at bank and in hand is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">placed in local currency.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group was exposed to for<span class="_ _3"/>eign currency risk on the intercompany </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">balance between ROCKWOOL A/S and a Russian subsidiary. Due to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the economic environment, it has not been possible to hedge this </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position since March 2022, which r<span class="_ _3"/>esulted in an unrealised exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate loss of 10 MEUR in 2025 (2024: gain of 4 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In the few countries with ineffective financial markets, loans can </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be raised and surplus liquidity placed in DKK or EUR, subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to approval by the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s finance function. Most Group loans </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that are not established in DKK or EUR ar<span class="_ _3"/>e hedged via forward </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">agreements, curr<span class="_ _3"/>ency loans, cash pools, or the swap market</span></span>.</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;">The Group’<span class="_ _67"/>s policy is that necessary financing of investments </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">should primarily be affected by raising five to seven year loans at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fixed or variable interest rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Drawings on credit facilities at variable inter<span class="_ _3"/>est rates generally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">match the funds, and all Group loans ar<span class="_ _3"/>e symmetrical in ter<span class="_ _1"/>ms of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rates. Changes in inter<span class="_ _3"/>est rates are therefor<span class="_ _3"/>e not expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to have a significant effect on the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s result.</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;">The current surplus and deficit liquidity in the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are set of<span class="_ _3"/>f, to the extent that this is profitable, via the parent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company acting as intra-Group bank and via cash pool systems. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When considered appr<span class="_ _3"/>opriate, underlying cash pool systems are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">established in foreign companies. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o the extent that the financial reserves ar<span class="_ _3"/>e of an appropriate size, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the parent company also acts as lender to the companies in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o ensure adequate financial r<span class="_ _3"/>eserves as defined by the Board of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Directors, investment loans can be raised on a continuous basis to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">partly cover new investments and to refinance existing loans. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">parent company has pr<span class="_ _3"/>ovided guarantees for some credit facilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and loans. The parent company has issued ownership clauses and/</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or deeds of postponement in connection with intercompany loans.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The parent company ensur<span class="_ _3"/>es on an ongoing basis that flexible, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unutilised committed credit facilities of an adequate size ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">established with investment-grade credit-rated banks. The Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial reserves also consist of cash at bank and in hand, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unused overdraft facilities.</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;">Due to the considerable customer spread in terms of geographical </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">location and numbers, the credit risk is fundamentally limited. T<span class="_ _67"/>o </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">a minor degree, when consider<span class="_ _3"/>ed necessary, insurance or bank </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">guarantees are used to hedge outstanding r<span class="_ _3"/>eceivables.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">As a consequence of the international diversification of the Group’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities there ar<span class="_ _3"/>e business relations with a number of differ<span class="_ _3"/>ent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">banks in Europe, North America and Asia. T<span class="_ _67"/>o minimise the credit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">risk on placement of funds and on entering into agreements on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">derivative financial instruments, only major<span class="_ _ac"/>, financially sound<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">institutions are used.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Customer credit risks ar<span class="_ _3"/>e assessed considering the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, past experience, and other factors. Individual risk limits </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are set based on internal and external ratings. For bad debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">allowance related to trade r<span class="_ _3"/>eceivables, please refer to note 4.2.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial assets and liabilities at fair value are r<span class="_ _3"/>elated to foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange forward contracts, for<span class="_ _3"/>eign exchange rate swaps, or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate swaps, all of which have been valued using a valuation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">technique with market observable inputs (level 2). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group does not use other valuation techniques. The Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enters into derivative financial instruments with financial institutions. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivatives valued using valuation techniques with market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">observable inputs are mainly for<span class="_ _3"/>eign exchange forward contracts. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most frequently applied valuation techniques include </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forward pricing models using pr<span class="_ _3"/>esent value calculations. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">models incorporate various inputs, including the credit quality of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">counterparties and foreign exchange spot rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Categories of financial assets and liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:219.796875px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 814.424px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 685.331px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 23.4453px; width: 810.598px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade receivables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 632.269px; font-size: 10.5px; font-family: ff2; -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: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">333</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">338</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.3672px; width: 810.188px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables </span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 632.269px; font-size: 10.5px; font-family: ff2; -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: 0.0945px; letter-spacing: -0.0945px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.0945px; letter-spacing: -0.0945px; display: inline-block; margin-left: 0px; width: 62.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.0105px; letter-spacing: 0.0105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">57</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 57.6797px; width: 810.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ca</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h and c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sh e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">qu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iv</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ale</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 589.98px; font-size: 10.5px; font-family: ff2; -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: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">8</span><span style="word-spacing: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">403</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 83.6406px; width: 810.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 538.489px; font-size: 10.5px; font-family: ff1; -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: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">490</span><span style="word-spacing: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">798</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 105.727px; width: 810.223px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial instrument</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s for hedging</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> of future cash flows</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 471.259px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 129.266px; width: 810.281px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial liabilities at</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> fair value</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> through other compreh</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensive incom</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 373.447px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 151.367px; width: 810.199px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 663.773px; font-size: 10.5px; font-family: ff2; -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: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">194</span><span style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 165.961px; width: 810.193px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade payables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 644.051px; font-size: 10.5px; font-family: ff2; -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: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">24</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">256</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 182.961px; width: 809.719px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 644.051px; font-size: 10.5px; font-family: ff2; -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: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">7</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 208.922px; width: 810.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ab</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">il</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 523.492px; font-size: 10.5px; font-family: ff1; -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: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">609</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff1; -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: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">492</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e c<span class="_ _1"/>ar<span class="_ _1"/>r<span class="_ _1"/>y<span class="_ _1"/>ing v<span class="_ _1"/>al<span class="_ _1"/>ue of t<span class="_ _1"/>he G<span class="_ _1"/>ro<span class="_ _1"/>up’s fina<span class="_ _1"/>nc<span class="_ _1"/>ial a<span class="_ _1"/>s<span class="_ _1"/>se<span class="_ _1"/>t<span class="_ _1"/>s and l<span class="_ _1"/>iab<span class="_ _1"/>ili<span class="_ _1"/>ti<span class="_ _1"/>es m<span class="_ _1"/>eas<span class="_ _1"/>ur<span class="_ _1"/>ed a<span class="_ _1"/>t am<span class="_ _1"/>or<span class="_ _2"/>tis<span class="_ _1"/>ed c<span class="_ _1"/>os<span class="_ _1"/>t a<span class="_ _1"/>re as<span class="_ _1"/>s<span class="_ _1"/>es<span class="_ _1"/>s<span class="_ _1"/>ed t<span class="_ _1"/>o be a r<span class="_ _1"/>eas<span class="_ _1"/>on<span class="_ _1"/>ab<span class="_ _1"/>le a<span class="_ _1"/>pp<span class="_ _1"/>rox<span class="_ _1"/>im<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n of f<span class="_ _1"/>air v<span class="_ _1"/>alu<span class="_ _1"/>e.</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;position:relative;height:249.8203125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 362.221px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ME</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">UR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITDA</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 24.6719px; width: 396.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n exc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.559px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 38.7266px; width: 395.906px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 55.5391px; width: 396.041px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">R</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 72.5547px; width: 267.697px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.697px; top: 72.5547px; width: 128.52px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 54.5565px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.5703px; width: 267.469px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 225.931px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.469px; top: 89.5703px; width: 128.994px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 106.57px; width: 395.936px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">G</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">P (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 49.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 330.188px; top: 132.812px; width: 29.584px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Equity</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 155.922px; width: 396.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n exc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.559px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.977px; width: 395.906px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 186.789px; width: 396.064px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">R</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">54</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 203.805px; width: 395.877px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 220.82px; width: 396.123px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 225.931px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 237.82px; width: 267.721px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">G</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">P (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.721px; top: 237.82px; width: 13.7461px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 281.467px; top: 237.82px; width: 43.1016px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.568px; top: 237.82px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.408px; top: 237.82px; width: 49.6523px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.061px; top: 237.82px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and r<span class="_ _3"/>eceivables from associates</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and r<span class="_ _3"/>eceivables from associates fall due within </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one year in both 2025 and 2024, and amounted to 49 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 57 MEUR).</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income on realisation of the hedged items</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:121.2734375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.354px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses and sim</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ilar</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 171.685px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.494px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses lease l</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 158.531px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 49.2266px; width: 397.934px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foreign</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> exchange losses</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 75.1875px; width: 397.207px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> expenses</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 97.2734px; width: 238.184px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof finance</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> expenses on financial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> liabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> at </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.273px; width: 72.3574px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.156px; top: 109.273px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.859px; top: 109.273px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.1 Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _14f"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:104.2734375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.23px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income </span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 233.402px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.729px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foreign</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> exchange gains</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 58.1719px; width: 397.184px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance income</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 231.603px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">51</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">40</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.2734px; width: 215.086px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof finance income</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> on financial assets at </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.2734px; width: 72.3574px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.156px; top: 92.2734px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.859px; top: 92.2734px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">32</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">income on realisation of the hedged items</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.1 Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span class="_ _14f"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:104.2734375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.23px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest income </span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 233.402px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.729px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foreign</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> exchange gains</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 58.1719px; width: 397.184px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance income</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 231.603px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">51</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">40</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.2734px; width: 215.086px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof finance income</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> on financial assets at </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.2734px; width: 72.3574px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.156px; top: 92.2734px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.859px; top: 92.2734px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">32</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:121.2734375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.354px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses and sim</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ilar</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 171.685px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.494px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses lease l</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 158.531px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 49.2266px; width: 397.934px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foreign</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> exchange losses</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 75.1875px; width: 397.207px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> expenses</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 97.2734px; width: 238.184px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof finance</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> expenses on financial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> liabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> at </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.273px; width: 72.3574px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.156px; top: 109.273px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.859px; top: 109.273px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance income and expenses comprise interest income and<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest expenses, including interest on lease liabilities, r<span class="_ _3"/>ealised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and unrealised foreign exchange gains and losses, and fair value<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adjustments of cash-settled share-based incentive programmes that<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are of<span class="_ _3"/>fset against other liabilities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">They also include adjustments to fair value hedges, and income and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs relating to cash flow hedges reclassified fr<span class="_ _3"/>om other comprehensive </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">income on realisation of the hedged items</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Finance expenses</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:121.2734375px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.354px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses and sim</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ilar</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 171.685px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">14</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.494px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Interest expenses lease l</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 158.531px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.1562px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 49.2266px; width: 397.934px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Foreign</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> exchange losses</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 75.1875px; width: 397.207px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finance</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> expenses</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">37</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">22</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 97.2734px; width: 238.184px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hereof finance</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> expenses on financial</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> liabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> at </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.273px; width: 72.3574px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">amor</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tised cost</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.156px; top: 109.273px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">11</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.859px; top: 109.273px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial assets and liabilities at fair value are r<span class="_ _3"/>elated to foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange forward contracts, for<span class="_ _3"/>eign exchange rate swaps, or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate swaps, all of which have been valued using a valuation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">technique with market observable inputs (level 2). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group does not use other valuation techniques. The Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enters into derivative financial instruments with financial institutions. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivatives valued using valuation techniques with market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">observable inputs are mainly for<span class="_ _3"/>eign exchange forward contracts. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most frequently applied valuation techniques include </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forward pricing models using pr<span class="_ _3"/>esent value calculations. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">models incorporate various inputs, including the credit quality of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">counterparties and foreign exchange spot rates.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial risks and instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivative financial instruments are initially recognised in the statement </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of financial position at cost price and are subsequently measured at fair </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">value. They are pr<span class="_ _3"/>esented under other receivables or other payables. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial assets and liabilities at fair value are r<span class="_ _3"/>elated to foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange forward contracts, for<span class="_ _3"/>eign exchange rate swaps, or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate swaps, all of which have been valued using a valuation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">technique with market observable inputs (level 2). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group does not use other valuation techniques. The Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enters into derivative financial instruments with financial institutions. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivatives valued using valuation techniques with market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">observable inputs are mainly for<span class="_ _3"/>eign exchange forward contracts. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most frequently applied valuation techniques include </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forward pricing models using pr<span class="_ _3"/>esent value calculations. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">models incorporate various inputs, including the credit quality of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">counterparties and foreign exchange spot rates.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Categories of financial assets and liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:219.796875px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 814.424px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 685.331px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 23.4453px; width: 810.598px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade receivables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 632.269px; font-size: 10.5px; font-family: ff2; -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: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">333</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">338</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 39.3672px; width: 810.188px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other receivables </span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 632.269px; font-size: 10.5px; font-family: ff2; -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: 0.0945px; letter-spacing: -0.0945px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">49</span><span style="word-spacing: 0.0945px; letter-spacing: -0.0945px; display: inline-block; margin-left: 0px; width: 62.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.0105px; letter-spacing: 0.0105px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">57</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 57.6797px; width: 810.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ca</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h and c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sh e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">qu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iv</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ale</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 589.98px; font-size: 10.5px; font-family: ff2; -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: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">8</span><span style="word-spacing: 0.1995px; letter-spacing: -0.1995px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">403</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 83.6406px; width: 810.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ts a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 538.489px; font-size: 10.5px; font-family: ff1; -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: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">490</span><span style="word-spacing: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">798</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 105.727px; width: 810.223px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial instrument</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s for hedging</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> of future cash flows</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 471.259px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 129.266px; width: 810.281px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Financial liabilities at</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> fair value</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> through other compreh</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ensive incom</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 373.447px; font-size: 10.5px; font-family: ff1; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.5605px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 151.367px; width: 810.199px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 663.773px; font-size: 10.5px; font-family: ff2; -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: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">194</span><span style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 165.961px; width: 810.193px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ade payables</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 644.051px; font-size: 10.5px; font-family: ff2; -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: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">24</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: -0.1155px; letter-spacing: 0.1155px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">256</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 182.961px; width: 809.719px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other payables</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 644.051px; font-size: 10.5px; font-family: ff2; -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: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0.546px; letter-spacing: -0.546px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">19</span><span style="word-spacing: 0.441px; letter-spacing: -0.441px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">7</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 208.922px; width: 810.158px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">na</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ab</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">il</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 523.492px; font-size: 10.5px; font-family: ff1; -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: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">609</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 55.758px; font-size: 10.5px; font-family: ff1; -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: 0.021px; letter-spacing: -0.021px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">492</span></span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e c<span class="_ _1"/>ar<span class="_ _1"/>r<span class="_ _1"/>y<span class="_ _1"/>ing v<span class="_ _1"/>al<span class="_ _1"/>ue of t<span class="_ _1"/>he G<span class="_ _1"/>ro<span class="_ _1"/>up’s fina<span class="_ _1"/>nc<span class="_ _1"/>ial a<span class="_ _1"/>s<span class="_ _1"/>se<span class="_ _1"/>t<span class="_ _1"/>s and l<span class="_ _1"/>iab<span class="_ _1"/>ili<span class="_ _1"/>ti<span class="_ _1"/>es m<span class="_ _1"/>eas<span class="_ _1"/>ur<span class="_ _1"/>ed a<span class="_ _1"/>t am<span class="_ _1"/>or<span class="_ _2"/>tis<span class="_ _1"/>ed c<span class="_ _1"/>os<span class="_ _1"/>t a<span class="_ _1"/>re as<span class="_ _1"/>s<span class="_ _1"/>es<span class="_ _1"/>s<span class="_ _1"/>ed t<span class="_ _1"/>o be a r<span class="_ _1"/>eas<span class="_ _1"/>on<span class="_ _1"/>ab<span class="_ _1"/>le a<span class="_ _1"/>pp<span class="_ _1"/>rox<span class="_ _1"/>im<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>n of f<span class="_ _1"/>air v<span class="_ _1"/>alu<span class="_ _1"/>e.</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;position:relative;height:249.8203125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 362.221px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ME</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">UR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITDA</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 24.6719px; width: 396.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n exc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.559px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 38.7266px; width: 395.906px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 55.5391px; width: 396.041px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">R</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 72.5547px; width: 267.697px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.697px; top: 72.5547px; width: 128.52px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 54.5565px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.5703px; width: 267.469px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 225.931px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.469px; top: 89.5703px; width: 128.994px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 106.57px; width: 395.936px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">G</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">P (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 49.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 330.188px; top: 132.812px; width: 29.584px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Equity</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 155.922px; width: 396.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n exc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.559px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.977px; width: 395.906px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 186.789px; width: 396.064px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">R</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">54</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 203.805px; width: 395.877px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 220.82px; width: 396.123px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 225.931px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 237.82px; width: 267.721px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">G</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">P (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.721px; top: 237.82px; width: 13.7461px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 281.467px; top: 237.82px; width: 43.1016px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.568px; top: 237.82px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.408px; top: 237.82px; width: 49.6523px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.061px; top: 237.82px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and r<span class="_ _3"/>eceivables from associates</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Other receivables and r<span class="_ _3"/>eceivables from associates fall due within </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one year in both 2025 and 2024, and amounted to 49 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">(2024: 57 MEUR).</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that meet the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">conditions for hedging the fair value of a recognised asset or liability are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised in the statement of profit and loss together with any changes </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the fair value of the hedged item. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in the fair value of derivative financial instruments that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">meet the conditions for hedging future cash flows are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">other comprehensive income provided the hedge is ef<span class="_ _3"/>fective. Hedge </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">effectiveness is determined at the inception of the hedge relationship, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and through periodic prospective ef<span class="_ _3"/>fectiveness assessments to ensure </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that an economic relationship exists between the hedged item and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedging instrument. The accumulated value adjustment related to these </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">hedge transactions is transferred from other compr<span class="_ _3"/>ehensive income </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">when the position is realised, and is included in the value of the hedged </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position, for example the adjustment follows the cash flow<span class="_ _3"/>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For derivative financial instruments that do not qualify as hedging </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments, changes to the fair value are recognised on an ongoing basis </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss as finance income or finance expenses.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s revenue and expenditures ar<span class="_ _3"/>e subject to exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate fluctuations on translation into EUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A sensitivity analysis is prepar<span class="_ _3"/>ed for the Group’<span class="_ _67"/>s result and equity </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on the underlying currency transactions. The financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">instruments included are cash, r<span class="_ _3"/>eceivables, payables, current </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liabilities, and financial investments without taking hedging <span class="ls0"> </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">into account.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The impact on revenue of the dif<span class="_ _3"/>ference between the average rate </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the year<span class="_ _0"/>-end rate amounted to 25 MEUR (2024: 5 MEUR) for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the five most exposed currencies (USD, RUB, CAD, PLN, and GBP), </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">which is a change of minus 0.7 percent (2024: 0.1 per<span class="_ _3"/>cent).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group’<span class="_ _67"/>s policy is not to hedge exchange rate risks in lo<span class="_ _3"/>ng<span class="_ _3"/>-te<span class="_ _3"/>rm </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">investments in subsidiaries. When relevant, external in<span class="_ _1"/>v<span class="_ _1"/>es<span class="_ _1"/>tm<span class="_ _1"/>en<span class="_ _1"/>t<span class="_ _1"/> l<span class="_ _1"/>oa<span class="_ _1"/>n<span class="_ _1"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and Group loans ar<span class="_ _3"/>e, as a general rule, established in the local </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">currency of the company involved, while cash at bank and in hand is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">placed in local currency.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group was exposed to for<span class="_ _3"/>eign currency risk on the intercompany </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">balance between ROCKWOOL A/S and a Russian subsidiary. Due to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the economic environment, it has not been possible to hedge this </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position since March 2022, which r<span class="_ _3"/>esulted in an unrealised exchange </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate loss of 10 MEUR in 2025 (2024: gain of 4 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In the few countries with ineffective financial markets, loans can </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">be raised and surplus liquidity placed in DKK or EUR, subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to approval by the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s finance function. Most Group loans </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that are not established in DKK or EUR ar<span class="_ _3"/>e hedged via forward </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">agreements, curr<span class="_ _3"/>ency loans, cash pools, or the swap market</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;position:relative;height:249.8203125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 362.221px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ME</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">UR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">EBITDA</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 24.6719px; width: 396.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n exc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.559px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 38.7266px; width: 395.906px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 55.5391px; width: 396.041px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">R</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.0469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">12</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 72.5547px; width: 267.697px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.697px; top: 72.5547px; width: 128.52px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 54.5565px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.5703px; width: 267.469px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 225.931px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.469px; top: 89.5703px; width: 128.994px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 106.57px; width: 395.936px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">G</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">P (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 48.5332px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 49.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 330.188px; top: 132.812px; width: 29.584px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Equity</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 155.922px; width: 396.252px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n exc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.559px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">%</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff1; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 36.4746px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.977px; width: 395.906px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 186.789px; width: 396.064px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">R</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">U</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 220.359px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 42.5977px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">54</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 203.805px; width: 395.877px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">D</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>(+/</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 223.236px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">14</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 220.82px; width: 396.123px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">N (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 225.931px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 50.127px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">17</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 237.82px; width: 267.721px; white-space: pre; word-spacing: 0.3255px; letter-spacing: -0.3255px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">G</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">B</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">P (+</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/-</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">)</span><span style="word-spacing: 0.3255px; letter-spacing: -0.3255px; display: inline-block; margin-left: 0px; width: 224.824px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 267.721px; top: 237.82px; width: 13.7461px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">5%</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 281.467px; top: 237.82px; width: 43.1016px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 324.568px; top: 237.82px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 335.408px; top: 237.82px; width: 49.6523px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.061px; top: 237.82px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The current surplus and deficit liquidity in the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s companies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are set of<span class="_ _3"/>f, to the extent that this is profitable, via the parent </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company acting as intra-Group bank and via cash pool systems. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">When considered appr<span class="_ _3"/>opriate, underlying cash pool systems are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">established in foreign companies. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o the extent that the financial reserves ar<span class="_ _3"/>e of an appropriate size, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the parent company also acts as lender to the companies in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o ensure adequate financial r<span class="_ _3"/>eserves as defined by the Board of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Directors, investment loans can be raised on a continuous basis to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">partly cover new investments and to refinance existing loans. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">parent company has pr<span class="_ _3"/>ovided guarantees for some credit facilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and loans. The parent company has issued ownership clauses and/</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or deeds of postponement in connection with intercompany loans.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The parent company ensur<span class="_ _3"/>es on an ongoing basis that flexible, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unutilised committed credit facilities of an adequate size ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">established with investment-grade credit-rated banks. The Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial reserves also consist of cash at bank and in hand, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unused overdraft facilities.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial instruments</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Financial assets and liabilities at fair value are r<span class="_ _3"/>elated to foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange forward contracts, for<span class="_ _3"/>eign exchange rate swaps, or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest rate swaps, all of which have been valued using a valuation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">technique with market observable inputs (level 2). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group does not use other valuation techniques. The Gr<span class="_ _3"/>oup </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enters into derivative financial instruments with financial institutions. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Derivatives valued using valuation techniques with market </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">observable inputs are mainly for<span class="_ _3"/>eign exchange forward contracts. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most frequently applied valuation techniques include </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">forward pricing models using pr<span class="_ _3"/>esent value calculations. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">models incorporate various inputs, including the credit quality of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">counterparties and foreign exchange spot rates.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.3 Cash</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:92.552734375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 30.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 23.5px; width: 393.018px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 265.33px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 38.8984px; width: 392.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ca</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h and c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sh e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">qu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iv</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ale</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.264px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">108</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">403</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 55.7266px; width: 393.357px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ba</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nk d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ebt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 258.715px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">12</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 68.9471px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 81.6875px; width: 392.994px; white-space: pre; word-spacing: 0.2415px; letter-spacing: -0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">C</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span>a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">va</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e 3</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1/12</span><span style="word-spacing: 0.2415px; letter-spacing: -0.2415px; display: inline-block; margin-left: 0px; width: 202.652px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">96</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">402</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Cash available, disclosed above and in the statement of cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows, comprises cash on hand and short-term liquid assets that </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are r<span class="_ _3"/>eadily convertible to cash. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Of the total cash and cash equivalents in 2024, 166 MEUR was </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">subject to restrictions, implying that the cash might not have been </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">readily available for general use or distribution by the Gr<span class="_ _3"/>oup.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.4 Loans</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bank loans are measur<span class="_ _3"/>ed at amortised cost. The carrying amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for these approximates 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;position:relative;height:318.671875px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 392.912px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 275.016px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 16.8359px; width: 392.871px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings, 1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 241.664px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">38</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 34.0312px; width: 77.7129px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non cash it</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ems:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 45.3047px; width: 131.666px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 320.562px; top: 45.3047px; width: 8.49609px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 387.406px; top: 45.3047px; width: 5.8418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 62.7578px; width: 393.111px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other non cash adjust</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ments</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 181.553px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 80.9219px; width: 56.7773px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash items:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 96.6328px; width: 393.064px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Proceeds from borrowings</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 184.242px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">150</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 53.4607px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">13</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 113.086px; width: 392.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pay</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 195.75px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-13</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 133.438px; width: 94.6934px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings, 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.828px; top: 136.625px; width: 81.2637px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">194</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 152.352px; width: 110.18px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Recognised as follows:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 168.789px; width: 392.742px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current borrowings</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 200.912px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">29</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 185.227px; width: 392.59px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current borrowings</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 217.881px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">165</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 204.141px; width: 94.6934px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings, 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 311.828px; top: 205.641px; width: 81.2637px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">194</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 221.617px; width: 54.6973px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Due within</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -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="position: absolute; display: inline-block; left: 0px; top: 238.055px; width: 392.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1 yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 283.781px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">165</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">23</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 254.508px; width: 392.842px; white-space: pre; word-spacing: 0.1365px; letter-spacing: -0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1-</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3 ye</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 275.016px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">29</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.9042px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">16</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 270.945px; width: 393.258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-5 ye</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 282.486px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.9239px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 287.383px; width: 393.299px; white-space: pre; word-spacing: -0.168px; letter-spacing: 0.168px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Af</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ter 5 y</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: -0.168px; letter-spacing: 0.168px; display: inline-block; margin-left: 0px; width: 264.469px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 60.492px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 307.797px; width: 392.707px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Borrowings, 31</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/1</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">194</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">39</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Borrowings ar<span class="_ _3"/>e a mix of fixed and floating interest loans, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are denominated in CNY and EUR. In 2024, borr<span class="_ _3"/>owings were </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">denominated in CNY<span class="_ _67"/>, INR, and EUR.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Bank loans are measur<span class="_ _3"/>ed at amortised cost. The carrying amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for these approximates fair value.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.5 Share capital</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The share capital consists of A shar<span class="_ _3"/>es and B shares. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual General Meeting of ROCKWOOL A/S on 2 April 2025 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adopted the proposal to implement a shar<span class="_ _3"/>e split of the Company’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares in the ratio of 1:10. After the split, each A shar<span class="_ _3"/>e with a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">nominal value of 1 DKK (0.13 EUR) carries 10 votes, and each B </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share with a nominal value of 1 DKK (0.13 EUR) carries one vote. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Comparative per<span class="_ _0"/>-share information for 2024, includ<span class="_ _1"/>ing earnings per </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share and the number of shar<span class="_ _3"/>es, has been restated to reflect the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share split. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Further<span class="_ _ac"/>, the Annual General Meeting of ROCKWOOL A/S on 2 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">April 2025 adopted the proposal to r<span class="_ _3"/>educe the Company´s share </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capital by cancelling a portion of the Company’<span class="_ _ac"/>s treasury B shar<span class="_ _3"/>es, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">corresponding to nominally 4,601,300 DKK.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The voluntary conversion of A shares to B shar<span class="_ _3"/>es in accordance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with the Company's articles of association for 2025 was completed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on 18 December 2025, and the Company's articles of association </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have been updated with the resulting changes to the size of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Company's A and B share capital. The total shar<span class="_ _3"/>e capital is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unchanged.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The share capital has been fully paid up. No shar<span class="_ _3"/>eholder is under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an obligation to allow their shares to be r<span class="_ _3"/>edeemed whether in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">whole or in part. The shares ar<span class="_ _3"/>e negotiable instruments, and all </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares ar<span class="_ _3"/>e freely transferable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Capital structure and capital allocation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management regularly assesses the ROCKWOOL capital structur<span class="_ _3"/>e.<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The overall objective is to ensure continued development and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strengthening of the Gr<span class="_ _3"/>oup's capital structure that supports long-term<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profitable gr<span class="_ _3"/>owth.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">It is the intention of ROCKWOOL that the net debt should be a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maximum of one times EBITDA, with due regar<span class="_ _3"/>d to the Group’<span class="_ _67"/>s<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">long-term financing requirements.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The dividend policy is to pay out a stable dividend that is at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-third of net pr<span class="_ _3"/>ofit after tax.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">After assessing the outlook for the economic cycle, investment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plans and structural business opportunities, and considering the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">dividend policy, ROCKWOOL can further decide to initiate share </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">buy-backs to adjust the capital structure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:119.599609375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 82.0137px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Share capital</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 20.0625px; width: 397.09px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 278.795px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.8984px; width: 333.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es - 97</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">67</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">6,1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2 s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">har</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f 1 DK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">K eac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">13 EUR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 54.0078px; width: 333.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">B sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es - 1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3,929</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">,678 sha</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s of 1 DK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">K ea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ch (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3 EUR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 61.0252px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">15</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 71.4766px; width: 397.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es - 98,</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">66</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">6,</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">03</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">are</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s of 1 D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">KK e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ach (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">13 EUR)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.147px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 88.3203px; width: 397.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">B sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es - 1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">541</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">06</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es of 1 D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">KK e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h (0.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">13 EUR)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.652px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 108.734px; width: 321.633px; white-space: pre; word-spacing: -0.2625px; letter-spacing: 0.2625px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Share capital</span><span style="word-spacing: -0.2625px; letter-spacing: 0.2625px; display: inline-block; margin-left: 0px; width: 254.69px; font-size: 10.5px; font-family: ff1; -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: 321.633px; top: 108.734px; width: 11.5957px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">28</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 333.229px; top: 108.734px; width: 52.2773px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.506px; top: 108.734px; width: 11.5957px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">29</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.5 Share capital</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The share capital consists of A shar<span class="_ _3"/>es and B shares. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Annual General Meeting of ROCKWOOL A/S on 2 April 2025 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">adopted the proposal to implement a shar<span class="_ _3"/>e split of the Company’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares in the ratio of 1:10. After the split, each A shar<span class="_ _3"/>e with a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">nominal value of 1 DKK (0.13 EUR) carries 10 votes, and each B </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share with a nominal value of 1 DKK (0.13 EUR) carries one vote. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Comparative per<span class="_ _0"/>-share information for 2024, includ<span class="_ _1"/>ing earnings per </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share and the number of shar<span class="_ _3"/>es, has been restated to reflect the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">share split. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Further<span class="_ _ac"/>, the Annual General Meeting of ROCKWOOL A/S on 2 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">April 2025 adopted the proposal to r<span class="_ _3"/>educe the Company´s share </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">capital by cancelling a portion of the Company’<span class="_ _ac"/>s treasury B shar<span class="_ _3"/>es, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">corresponding to nominally 4,601,300 DKK.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The voluntary conversion of A shares to B shar<span class="_ _3"/>es in accordance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with the Company's articles of association for 2025 was completed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on 18 December 2025, and the Company's articles of association </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">have been updated with the resulting changes to the size of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the Company's A and B share capital. The total shar<span class="_ _3"/>e capital is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">unchanged.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The share capital has been fully paid up. No shar<span class="_ _3"/>eholder is under </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">an obligation to allow their shares to be r<span class="_ _3"/>edeemed whether in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">whole or in part. The shares ar<span class="_ _3"/>e negotiable instruments, and all </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares ar<span class="_ _3"/>e freely transferable.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Capital structure and capital allocation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management regularly assesses the ROCKWOOL capital structur<span class="_ _3"/>e.<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The overall objective is to ensure continued development and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strengthening of the Gr<span class="_ _3"/>oup's capital structure that supports long-term<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profitable gr<span class="_ _3"/>owth.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">It is the intention of ROCKWOOL that the net debt should be a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maximum of one times EBITDA, with due regar<span class="_ _3"/>d to the Group’<span class="_ _67"/>s<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">long-term financing requirements.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The dividend policy is to pay out a stable dividend that is at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-third of net pr<span class="_ _3"/>ofit after tax.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">After assessing the outlook for the economic cycle, investment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plans and structural business opportunities, and considering the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">dividend policy, ROCKWOOL can further decide to initiate share </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">buy-backs to adjust the capital structure.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:119.599609375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 82.0137px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Share capital</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 20.0625px; width: 397.09px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 278.795px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 39.3281px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 36.8984px; width: 333.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es - 97</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">67</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">6,1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2 s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">har</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f 1 DK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">K eac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">13 EUR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 66.9259px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 54.0078px; width: 333.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">B sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es - 1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3,929</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">,678 sha</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s of 1 DK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">K ea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ch (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">3 EUR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 61.0252px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">15</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 71.4766px; width: 397.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">A sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es - 98,</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">66</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">6,</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">03</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">are</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s of 1 D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">KK e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ach (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">13 EUR)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.147px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">13</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 88.3203px; width: 397.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">B sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es - 1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">541</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">06</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0 sh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es of 1 D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">KK e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h (0.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">13 EUR)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 124.652px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">16</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 108.734px; width: 321.633px; white-space: pre; word-spacing: -0.2625px; letter-spacing: 0.2625px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Share capital</span><span style="word-spacing: -0.2625px; letter-spacing: 0.2625px; display: inline-block; margin-left: 0px; width: 254.69px; font-size: 10.5px; font-family: ff1; -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: 321.633px; top: 108.734px; width: 11.5957px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">28</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 333.229px; top: 108.734px; width: 52.2773px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 52.2773px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 385.506px; top: 108.734px; width: 11.5957px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">29</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.7 Earnings per share</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Earnings per share</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:167.1640625px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 399.592px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 258.223px; font-size: 10.5px; font-family: ff3; -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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.105px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 11.8652px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; 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: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2024 (restated)</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.7422px; width: 225.316px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">abl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e to s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ha</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">hol</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">de</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 27.7422px; width: 399.363px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">of RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 204.51px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">550</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 44.2422px; width: 399.744px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average n</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">umber of shares</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ('0</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">00)</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 117.398px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">209,222</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">216,207</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 60.7422px; width: 399.826px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Average n</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">umber of treasury shares ('00</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0)</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 86.6779px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">3,918</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.0252px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2,699</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 77.9688px; width: 399.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Aver</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e nu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mb</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r of o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ut</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ha</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es ('</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">00</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">205,304</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5232px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">213,508</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 93.6797px; width: 184.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Dil</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ut</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ic</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ha</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nit </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 105.68px; width: 399.516px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">programme ('00</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0)</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 207.381px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">369</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.4688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">406</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 122.906px; width: 399.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Aver</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e nu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mb</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r of d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">il</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ut</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es ('</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">0</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">00</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 63.867px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">205,673</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.9571px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">213,914</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 138.664px; width: 399.568px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gs p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">har</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e (EU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">R)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 72.7733px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.6</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 155.164px; width: 399.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gs p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">har</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e, dil</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ut</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">EUR</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 139.5px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 72.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">2.6</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Capital structure and capital allocation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Management regularly assesses the ROCKWOOL capital structur<span class="_ _3"/>e.<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The overall objective is to ensure continued development and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">strengthening of the Gr<span class="_ _3"/>oup's capital structure that supports long-term<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profitable gr<span class="_ _3"/>owth.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">It is the intention of ROCKWOOL that the net debt should be a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">maximum of one times EBITDA, with due regar<span class="_ _3"/>d to the Group’<span class="_ _67"/>s<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">long-term financing requirements.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The dividend policy is to pay out a stable dividend that is at least </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">one-third of net pr<span class="_ _3"/>ofit after tax.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">After assessing the outlook for the economic cycle, investment </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">plans and structural business opportunities, and considering the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">dividend policy, ROCKWOOL can further decide to initiate share </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">buy-backs to adjust the capital structure.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">5.8 Business combinations and asset acquisitions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2025</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In October last year<span class="_ _ac"/>, ROCKWOOL acquired 90 percent of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">shares and voting rights in the Vietnamese stone wool pr<span class="_ _3"/>oducer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Khai Hoan Insulation (now ROCKWOOL VIETNAM COMP<span class="_ _0"/>ANY </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">LIMITED). In March 2025, ROCKWOOL<span class="_ _67"/>’<span class="_ _ac"/>s shareholding in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">company was raised to 96.19 percent via a capital injection. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In April 2025, ROCKWOOL paid 3 MEUR for the remaining </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">minority <span class="ws108">interest of 3.81 per<span class="_ _3"/>cent bringing ROCKWOOL<span class="_ _ac"/>’<span class="_ _ac"/>s ownership </span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the company to 100 percent. In October 2025, ROCKWOOL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">paid the first instalment of the remaining pur<span class="_ _3"/>chase price, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amounting to 2 MEUR.</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;">Acquisition of Khai Hoan Insulation in Vietnam (now ROCKWOOL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">VIETNAM COMP<span class="_ _0"/>ANY LIMITED)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 1 October 2024, ROCKWOOL completed the acquisition of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">90 percent of the shar<span class="_ _3"/>es and voting rights in the leading stone </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">wool producer in Vietnam, Khai Hoan Insulation, based near </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ho Chi Minh City. The acquisition complements ROCKWOOL<span class="_ _ac"/>’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">existing business in Vietnam and reflects the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s increased </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">focus on the region.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The total consideration was 31 MEUR, of which 28 MEUR was paid </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in 2024 and is included in the statement of cash flows as investing </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">activities. The remaining 3 MEUR will be paid in 2025, 2026, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">2027. Related transaction costs of 0.2 MEUR have been expensed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Net assets at fair value amount to 12 MEUR. The assessment of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value of sites and buildings is based on an external valuation. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The<span class="ls0 ws0"> <span class="ls1d">fair value of plant and machinery is based on an inter</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">nal </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">valuation. For customer relationships fair value is based on an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">earnings model with estimates for future cash flows and customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">attrition rates. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The fair value of inventory and trade receivables amounts to 1 MEUR </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">including provision for bad debt and pr<span class="_ _3"/>ovision for obsolete and slow-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">moving goods. None of the trade receivables have been impair<span class="_ _3"/>ed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and it is expected that the full contractual amounts will be settled.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">After recognition of identifiable assets and liabilities at fair value, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill was recognised with a fair value of 20 MEUR. Goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">repr<span class="_ _3"/>esents the value of the current workforce, know-how and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected synergies and gr<span class="_ _3"/>owth from integration within the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group. The r<span class="_ _3"/>ecognised goodwill is not tax deductible.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">From the date of acquisition, Khai Hoan Insulation has contributed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">with revenue of 2 MEUR and 0 MEUR pr<span class="_ _3"/>ofit for the year<span class="_ _0"/>. If Khai </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Hoan Insulation had been owned since 1 January 2024, total </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contribution to revenue would have been ar<span class="_ _3"/>ound 5 MEUR, and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit for the year would have been ar<span class="_ _3"/>ound 0.5 MEUR.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Acquisition of W<span class="_ _3"/>etherby Building Systems Ltd. in the United </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Kingdom (now W<span class="_ _3"/>etherby W<span class="_ _3"/>all Systems Ltd.)</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>o strengthen our position in the UK market, ROCKWOOL </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">completed the acquisition of 100 percent of the shar<span class="_ _3"/>es and voting </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rights in the UK company Wetherby Building Systems Ltd. on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">9 October 2024. Wetherby Building Systems Ltd. is a leading </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">supplier for external ther<span class="_ _1"/>mal insulation composite systems (ETICS) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the UK market. The acquisition marks an important milestone </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in ROCKWOOL<span class="_ _ac"/>’<span class="_ _ac"/>s quest to strengthen the Systems segment and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expand its façade expertise in the UK.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The fair value of net assets in the acquired company amounts </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to 54 MEUR. Including goodwill, the total fair value is 68 MEUR. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Less cash in the acquired company (23 MEUR), the total cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration paid amounted to 45 MEUR, included in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of cash flows as investing activities. Related transaction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">costs of 1.3 MEUR have been expensed in the statement of profit </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The assessment of the fair value of sites and buildings is based </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on an external valuation. For customer relationships fair value is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on an earnings model with estimates for future cash flows </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and customer attrition rates. The fair value of inventory and trade </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">receivables amounts to 12 MEUR including pr<span class="_ _3"/>ovision for bad debt </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and provision for obsolete and slow-moving goods. None of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">trade receivables have been impair<span class="_ _3"/>ed and it is expected that the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">full contractual amounts will be settled.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">After recognition of identifiable assets and liabilities at fair value, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">goodwill was recognised with a fair value of 14 MEUR. Goodwill </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">repr<span class="_ _3"/>esents the value of the current workforce, know-how and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">expected synergies and gr<span class="_ _3"/>owth from integration within the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL Group. The r<span class="_ _3"/>ecognised goodwill is not tax deductible.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">From the date of acquisition, W<span class="_ _3"/>etherby Building Systems has<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">contributed with revenue of 13 MEUR and 3 MEUR pr<span class="_ _3"/>ofit for the year<span class="_ _0"/>. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">If Wetherby Building Systems Ltd. had been owned since 1 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">January 2024, total contribution to revenue would have been 58 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR, and profit for the year would have been 8 MEUR.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Opening balances for acquisitions in 2024</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:286.25px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 358.203px; top: 0.0078125px; width: 42.0879px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Opening</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 364.047px; top: 13.5078px; width: 37.043px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">balance</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -2.919px; width: 0px; font-size: 10.5px; font-family: ff2; -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: ff2; -webkit-text-stroke: 0.1575px 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: 27.7344px; width: 30.0762px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 349.828px; top: 27.0234px; width: 48.5859px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">at fair value</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 43.4922px; width: 397.025px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Customer relationships</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 274.307px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">39</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 59.9922px; width: 397.588px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other intangible asset</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 278.795px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 76.4766px; width: 397.834px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">, pl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ant a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">qu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ip</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.918px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 92.9766px; width: 397.389px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred taxes</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 322.002px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -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: 109.477px; width: 397.564px; white-space: pre; word-spacing: -0.0525px; letter-spacing: 0.0525px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Inve</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ntor</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: -0.0525px; letter-spacing: 0.0525px; display: inline-block; margin-left: 0px; width: 338.315px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 125.977px; width: 397.201px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Receivables</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 333.92px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">9</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 142.461px; width: 396.902px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other cur</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rent assets</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 287.52px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">24</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 158.961px; width: 397.312px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current liabil</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 288.598px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -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: 175.461px; width: 397.154px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current liabil</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 300.785px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-20</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 191.945px; width: 397.143px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net identifiable assets acquired</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 232.582px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">66</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 208.445px; width: 396.961px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Good</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">will</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 342.445px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">34</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 224.945px; width: 396.914px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Net assets acquired</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 284.713px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 241.352px; width: 397.154px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cash in acquired</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> companies</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 246.691px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-23</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 257.758px; width: 397.33px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">controlling</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> interests</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 267.422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 274.258px; width: 396.961px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ons</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">id</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ne</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h ac</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">qu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ire</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 192.393px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">76</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations and asset acquisitions</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;">Acquisitions are accounted for using the acquisition method. The cost of a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business combination comprises the fair value of the consideration agreed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">upon, including the fair value of any consideration contingent on future events, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the amount of any non-controlling interests in the acquir<span class="_ _3"/>ee. The Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognises any non-contr<span class="_ _3"/>olling interest in the acquiree on an acquisition-by-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition basis, at either fair value (full goodwill) or at the non-controlling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest’<span class="_ _ac"/>s proportionate share of the r<span class="_ _3"/>ecognised amounts of the acquiree’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identifiable assets. Acquisition-related costs are expensed in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss as and when incurr<span class="_ _3"/>ed within other exter<span class="_ _1"/>nal costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquired entities’ identifiable assets, liabilities and contingent liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measur<span class="_ _3"/>ed at fair value at the acquisition date. The acquisition date is the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date when the Group effectively obtains contr<span class="_ _3"/>ol of an acquired subsidiary </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or significant influence over an associate. Identifiable intangible assets 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="_ _3"/>om a contractual right. Deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is recognised on r<span class="_ _3"/>evaluations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill is initially measured at cost, being the excess of the aggregate of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration transferred and the amount of any non-controlling inter<span class="_ _3"/>est in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquiree over the fair value of the identifiable net assets acquired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill and fair value adjustments in connection with the acquisition of an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entity are treated as assets and liabilities belonging to the for<span class="_ _3"/>eign entity and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translated into the foreign entity’<span class="_ _ac"/>s functional currency at the exchange rate at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the transaction date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The identifiable assets, liabilities and contingent liabilities on initial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognition at the acquisition date are subsequently adjusted up until 12<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">months after the acquisition. The effect of the adjustments is recognised<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the opening balance of equity, and the comparative figures are r<span class="_ _3"/>estated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordingly if the amount is material.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in estimates of contingent purchase considerations are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In a step acquisition, the Group gains control of an entity in which it alr<span class="_ _3"/>eady </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">held a shareholding before gaining contr<span class="_ _3"/>ol. The shareholding held before the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">step acquisition is remeasured at fair value at the acquisition date and added </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the fair value of the consideration paid for the shareholding acquired in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">step acquisition and is accounted for as the total cost of the shareholding in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the acquired entity. The gain or loss on the remeasur<span class="_ _3"/>ement is recognised in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of profit and loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Disposals and loss of control </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses on the disposal or liquidation of subsidiaries and associates are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as the differ<span class="_ _3"/>ence between the sales price and the carrying amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net assets (including goodwill) at the date of disposal or liquidation, and net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of foreign exchange adjustments recognised in other compr<span class="_ _3"/>ehensive income, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and costs to sell or liquidation expenses. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The shareholding retained after the loss of contr<span class="_ _3"/>ol of subsidiaries is remeasured </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at fair value and accounted for as the fair value on initial recognition of a financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset or the cost of an investment in an associate. Gains or losses on the loss of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">control of subsidiaries are r<span class="_ _3"/>ecognised as the difference between the fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the retained shareholding and the carrying amount of the der<span class="_ _3"/>ecognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">net assets (including goodwill) at the date of loss of control, and net of foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange adjustments recognised in other comprehensive income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations and asset acquisitions</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The most significant assets acquired generally comprise goodwill, customer </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relationships and production equipment. As no active market exists for the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">majority of acquired assets, liabilities and contingent liabilities, in particular </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in respect of acquir<span class="_ _3"/>ed intangible assets, management makes estimates of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">fair value. The methods applied are based on the present value of futur<span class="_ _3"/>e cash </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">flows, churn rates or other expected cash flows related to the specific asset. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The fair value of customer relationships acquired in business combinations is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">based on an evaluation of the conditions relating to the acquired portfolio. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Measurement is based on a discounted cash flow model on key assumptions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">about the estimated split of the acquired and expected revenue, the r<span class="_ _3"/>elated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">churn rates and profitability of the revenue at the time of the acquisition.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations and asset acquisitions</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;">Acquisitions are accounted for using the acquisition method. The cost of a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business combination comprises the fair value of the consideration agreed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">upon, including the fair value of any consideration contingent on future events, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the amount of any non-controlling interests in the acquir<span class="_ _3"/>ee. The Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognises any non-contr<span class="_ _3"/>olling interest in the acquiree on an acquisition-by-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition basis, at either fair value (full goodwill) or at the non-controlling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest’<span class="_ _ac"/>s proportionate share of the r<span class="_ _3"/>ecognised amounts of the acquiree’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identifiable assets. Acquisition-related costs are expensed in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss as and when incurr<span class="_ _3"/>ed within other exter<span class="_ _1"/>nal costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquired entities’ identifiable assets, liabilities and contingent liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measur<span class="_ _3"/>ed at fair value at the acquisition date. The acquisition date is the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date when the Group effectively obtains contr<span class="_ _3"/>ol of an acquired subsidiary </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or significant influence over an associate. Identifiable intangible assets 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="_ _3"/>om a contractual right. Deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is recognised on r<span class="_ _3"/>evaluations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill is initially measured at cost, being the excess of the aggregate of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration transferred and the amount of any non-controlling inter<span class="_ _3"/>est in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquiree over the fair value of the identifiable net assets acquired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill and fair value adjustments in connection with the acquisition of an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entity are treated as assets and liabilities belonging to the for<span class="_ _3"/>eign entity and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translated into the foreign entity’<span class="_ _ac"/>s functional currency at the exchange rate at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the transaction date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The identifiable assets, liabilities and contingent liabilities on initial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognition at the acquisition date are subsequently adjusted up until 12<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">months after the acquisition. The effect of the adjustments is recognised<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the opening balance of equity, and the comparative figures are r<span class="_ _3"/>estated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordingly if the amount is material.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in estimates of contingent purchase considerations are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In a step acquisition, the Group gains control of an entity in which it alr<span class="_ _3"/>eady </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">held a shareholding before gaining contr<span class="_ _3"/>ol. The shareholding held before the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">step acquisition is remeasured at fair value at the acquisition date and added </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the fair value of the consideration paid for the shareholding acquired in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">step acquisition and is accounted for as the total cost of the shareholding in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the acquired entity. The gain or loss on the remeasur<span class="_ _3"/>ement is recognised in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of profit and loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Disposals and loss of control </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses on the disposal or liquidation of subsidiaries and associates are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as the differ<span class="_ _3"/>ence between the sales price and the carrying amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net assets (including goodwill) at the date of disposal or liquidation, and net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of foreign exchange adjustments recognised in other compr<span class="_ _3"/>ehensive income, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and costs to sell or liquidation expenses. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The shareholding retained after the loss of contr<span class="_ _3"/>ol of subsidiaries is remeasured </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at fair value and accounted for as the fair value on initial recognition of a financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset or the cost of an investment in an associate. Gains or losses on the loss of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">control of subsidiaries are r<span class="_ _3"/>ecognised as the difference between the fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the retained shareholding and the carrying amount of the der<span class="_ _3"/>ecognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">net assets (including goodwill) at the date of loss of control, and net of foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange adjustments recognised in other comprehensive income.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Business combinations and asset acquisitions</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;">Acquisitions are accounted for using the acquisition method. The cost of a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">business combination comprises the fair value of the consideration agreed </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">upon, including the fair value of any consideration contingent on future events, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and the amount of any non-controlling interests in the acquir<span class="_ _3"/>ee. The Group </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognises any non-contr<span class="_ _3"/>olling interest in the acquiree on an acquisition-by-</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquisition basis, at either fair value (full goodwill) or at the non-controlling </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">interest’<span class="_ _ac"/>s proportionate share of the r<span class="_ _3"/>ecognised amounts of the acquiree’<span class="_ _ac"/>s </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">identifiable assets. Acquisition-related costs are expensed in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss as and when incurr<span class="_ _3"/>ed within other exter<span class="_ _1"/>nal costs.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The acquired entities’ identifiable assets, liabilities and contingent liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are measur<span class="_ _3"/>ed at fair value at the acquisition date. The acquisition date is the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">date when the Group effectively obtains contr<span class="_ _3"/>ol of an acquired subsidiary </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">or significant influence over an associate. Identifiable intangible assets 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="_ _3"/>om a contractual right. Deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is recognised on r<span class="_ _3"/>evaluations.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill is initially measured at cost, being the excess of the aggregate of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">consideration transferred and the amount of any non-controlling inter<span class="_ _3"/>est in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">acquiree over the fair value of the identifiable net assets acquired.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Goodwill and fair value adjustments in connection with the acquisition of an </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">entity are treated as assets and liabilities belonging to the for<span class="_ _3"/>eign entity and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">translated into the foreign entity’<span class="_ _ac"/>s functional currency at the exchange rate at </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the transaction date. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The identifiable assets, liabilities and contingent liabilities on initial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognition at the acquisition date are subsequently adjusted up until 12<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">months after the acquisition. The effect of the adjustments is recognised<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the opening balance of equity, and the comparative figures are r<span class="_ _3"/>estated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">accordingly if the amount is material.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Changes in estimates of contingent purchase considerations are r<span class="_ _3"/>ecognised in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the statement of profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">In a step acquisition, the Group gains control of an entity in which it alr<span class="_ _3"/>eady </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">held a shareholding before gaining contr<span class="_ _3"/>ol. The shareholding held before the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">step acquisition is remeasured at fair value at the acquisition date and added </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the fair value of the consideration paid for the shareholding acquired in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">step acquisition and is accounted for as the total cost of the shareholding in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the acquired entity. The gain or loss on the remeasur<span class="_ _3"/>ement is recognised in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of profit and loss. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Disposals and loss of control </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Gains or losses on the disposal or liquidation of subsidiaries and associates are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised as the differ<span class="_ _3"/>ence between the sales price and the carrying amount </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of net assets (including goodwill) at the date of disposal or liquidation, and net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of foreign exchange adjustments recognised in other compr<span class="_ _3"/>ehensive income, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and costs to sell or liquidation expenses. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The shareholding retained after the loss of contr<span class="_ _3"/>ol of subsidiaries is remeasured </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">at fair value and accounted for as the fair value on initial recognition of a financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">asset or the cost of an investment in an associate. Gains or losses on the loss of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">control of subsidiaries are r<span class="_ _3"/>ecognised as the difference between the fair value </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the retained shareholding and the carrying amount of the der<span class="_ _3"/>ecognised </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">net assets (including goodwill) at the date of loss of control, and net of foreign </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">exchange adjustments recognised in other comprehensive income.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.1 T<span class="_ _67"/>ax</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:140.380859375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 78.2637px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -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: -1.50165px; width: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax expense</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 20.3125px; width: 397.682px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 286.594px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 35.7109px; width: 397.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he ye</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.582px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">152</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 40.746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">165</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 52.5391px; width: 397.477px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> deferred ta</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 216.627px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">18</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.5391px; width: 397.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o val</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.602px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 43.1018px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-17</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 86.5547px; width: 397.775px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Withholding ta</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xes</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 245.883px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 103.555px; width: 397.482px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Adjustment in current and</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> deferred ta</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> previous yea</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rs</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-9</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 129.516px; width: 397.277px; white-space: pre; word-spacing: -0.273px; letter-spacing: 0.273px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x e</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xpense</span><span style="word-spacing: -0.273px; letter-spacing: 0.273px; display: inline-block; margin-left: 0px; width: 258.715px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">165</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 40.2011px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">146</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Reconciliation of effective tax rate</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:213.125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px 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: 307.723px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 34.6406px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Dan</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">is</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.473px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">22.0</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 38.9295px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">22.0</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 29.8203px; width: 264.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Dev</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tio</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n in n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Da</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nis</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ub</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">si</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es' t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d to </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 41.8203px; width: 339.861px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Dan</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">is</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ce</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2.4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 384.656px; top: 41.8203px; width: 13.3359px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1.6</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 56.4141px; width: 397.201px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Withholding ta</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x adjustment</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 191.59px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0.2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">0.2</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 73.4297px; width: 397.436px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Permanent</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> dif</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ferences</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0.5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">0.4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 90.4453px; width: 397.723px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t o</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">han</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ge i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n inc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.1582px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 107.445px; width: 397.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o val</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.961px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">0.6</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 40.746px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-2.5</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 124.461px; width: 397.125px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other deviations</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 241.664px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-0.7</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.1739px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-0.7</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 150.422px; width: 272.988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e be</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s fr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ju</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 162.422px; width: 397.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Ru</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ne</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.514px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">25.0</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21.0</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 178.414px; width: 397.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.9571px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">60.5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.5565px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span style="display: inline-block;">-</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 202.25px; width: 397.283px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ef</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ve ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e (%)</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 210.152px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">85.5</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 37.3477px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">21.0</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Income tax receivable and payable</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:252.953125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3047px; width: 397.078px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Income tax receivable and payable</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> 1/</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 125.103px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">48</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.0391px; width: 397.746px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 182.684px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.0547px; width: 397.564px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquisition o</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 192.779px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 66.0547px; width: 397.113px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current ta</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x for</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> the year including</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> withholding ta</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xes</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">153</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">167</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 83.0703px; width: 397.441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pay</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he y</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.961px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-191</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-114</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 97.6641px; width: 397.529px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.929px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-9</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.852px; width: 212.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he ye</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">is</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 395px; top: 115.852px; width: 3.49805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -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="position: absolute; display: inline-block; left: 0px; top: 121.852px; width: 112.523px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">comprehensive income</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 315.328px; top: 121.852px; width: 8.49609px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 136.461px; width: 397.471px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 162.422px; width: 397.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">In</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cei</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">le a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aya</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">le 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.285px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 62.5373px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">48</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 185.234px; width: 174.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">In</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">com</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s rec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">og</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ni</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d as f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oll</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 199.102px; width: 397.301px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Income tax receivable</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 205.418px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 216.117px; width: 397.266px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Income tax payable</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">79</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 242.078px; width: 397.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">In</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cei</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">le a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aya</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">le 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.285px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 62.5373px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">48</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ax assets not recognised amount to 17 MEUR (2024: 19 MEUR). </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The tax assets relate in part to assets fr<span class="_ _3"/>om subsidiaries with a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">history of losses, but also to unrecognised tax incentives with </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">utilisation in 2030 and onwards.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets and liabilities ar<span class="_ _3"/>e offset in the consolidated </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statement of financial position if the Group has a legally </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">enforceable right to set of<span class="_ _3"/>f and the deferred tax assets and </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liabilities relate to the same legal tax entity consolidation. Of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">total deferred tax assets r<span class="_ _3"/>ecognised, 4 MEUR (2024: 4 MEUR) </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">relate to tax loss carry forwar<span class="_ _3"/>ds.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL maintains a tax policy under the management </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">of the CFO and this is available on the ROCKWOOL website. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL<span class="_ _ac"/>’<span class="_ _ac"/>s legal entity structure supports the business </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">requir<span class="_ _3"/>ements. ROCKWOOL does not engage in harmful or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">artificial structures. During the year<span class="_ _ac"/>, ROCKWOOL has only had </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">operations in one country listed on the EU’<span class="_ _ac"/>s list of uncooperative </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax jurisdictions; Russia. For more information related to the tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">policy see p. 29.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL is part of various business associations, such as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Dansk Industri, through which it is updated on and comments on </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">new legislation and discussions on future tax initiatives.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL benefits from various tax incentives for investment, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">but also benefits from the enhanced R&amp;D deduction in Denmark.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL will make use of the OECD safe harbour rules. As </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">such, ROCKWOOL has estimated that the effective tax rate is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">above 15 percent in all jurisdictions of its operations, except </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for Hong Kong. Hong Kong’<span class="_ _ac"/>s expected effective tax rate after </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recalculation of deferr<span class="_ _3"/>ed taxes and application of SBIE leads to a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">provision of 0.1 MEUR that is included in the tax pr<span class="_ _3"/>ovision.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:382.6875px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 396.99px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 288.598px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 31.9453px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 17.3516px; width: 397.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x, n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">et 1/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.928px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">20</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2266px; width: 396.803px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 201.621px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 46.5232px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.2422px; width: 396.814px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquisition o</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 211.582px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 44.0096px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 66.2422px; width: 397.307px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Change in</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> deferred ta</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x recognised</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> in profit and</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> loss</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 78.5392px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">18</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 49.6523px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 83.2578px; width: 396.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o val</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x as</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.764px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 40.746px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-17</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 97.8516px; width: 214.236px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rr</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed t</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x fo</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r th</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e yea</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r re</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gni</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d in o</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">th</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.852px; width: 397.049px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.0945px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">comprehensive income for the</span><span style="word-spacing: -0.1995px; letter-spacing: 0.0945px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> year</span><span style="word-spacing: -0.1995px; letter-spacing: 0.0945px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5232px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-3</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 124.445px; width: 397.248px; white-space: pre; word-spacing: 0px; letter-spacing: -0.105px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: -0.105px; display: inline-block; margin-left: 0px; width: 94.3654px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 148.281px; width: 397.559px; white-space: pre; word-spacing: 0px; letter-spacing: -0.0525px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rr</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed t</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x, n</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 31</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/12</span><span style="word-spacing: 0px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 209.473px; font-size: 10.5px; font-family: ff1; -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: 0.0525px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">29</span><span style="word-spacing: 0.0525px; letter-spacing: -0.0525px; display: inline-block; margin-left: 0px; width: 43.1018px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 164.719px; width: 270.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s rec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">og</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ni</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d in th</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tem</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ina</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">l </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 175.219px; width: 93.2637px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">position as</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> follows:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 189.086px; width: 396.861px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred ta</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x assets</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 236.982px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">57</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">62</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 206.102px; width: 397.207px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Deferred tax liabilities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 223.758px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">86</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">72</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 231px; width: 397.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x, n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.506px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">29</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 248.781px; width: 113.309px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fer</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lat</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 262.93px; width: 397.002px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current ass</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ets</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 238.576px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">46</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">60</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 279.945px; width: 396.785px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current asset</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 258.223px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-15</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.1739px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-19</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 296.945px; width: 397.33px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Non-</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">current liabil</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 227.953px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 41.748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-17</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 313.961px; width: 397.119px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current liabil</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ities</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 256.506px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 40.746px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-14</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 330.977px; width: 396.785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ax l</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ie</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d fo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ard</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.514px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-4</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 46.5232px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 347.977px; width: 397.535px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Re-ta</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xable amounts</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 239.766px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">4</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 371.812px; width: 397.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fe</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x, n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t 31</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/12</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 208.506px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">29</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">10</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Unrecognised tax assets expir<span class="_ _3"/>e as follows</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:103.078125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 396.99px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 288.598px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 31.9453px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3984px; width: 397.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&lt; 1 yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 299.449px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 32.2109px; width: 397.318px; white-space: pre; word-spacing: 0.1365px; letter-spacing: -0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1-</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">5 ye</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0.1365px; letter-spacing: -0.1365px; display: inline-block; margin-left: 0px; width: 295.307px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px 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: 51.7732px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.2266px; width: 397.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">&gt; 5 yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.494px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 49.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 66.2422px; width: 397.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Do n</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ot ex</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">pi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.33px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">10</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">15</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 92.2031px; width: 396.996px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Unrecognised tax assets</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 204.51px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">17</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 43.5px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">19</span></span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ta<span class="_ _c"/>x</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ax in the statement of profit and loss is comprised of current year tax expense </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and changes to deferred tax. Adjustments to prior year tax results and audits ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">captured in the statement of profit and loss if such adjustments materialise. T<span class="_ _67"/>ax<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on changes in other comprehensive income is recognised dir<span class="_ _3"/>ectly under other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Movement in income tax receivable and payable is comprised of payments to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax authorities and provision for current tax on pr<span class="_ _3"/>ofit captured in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss, and adjustments to prior years if such materialise.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for deferr<span class="_ _3"/>ed tax are calculated on all temporary differences<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">between accounting and taxable values, calculated using the balance-sheet </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax pr<span class="_ _3"/>ovisions are also made to cover the re-taxation of losses in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">jointly taxed foreign companies previously included in the Danish joint taxation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Companies within the Group may be entitled to claim special tax deductions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for investments in qualifying assets or in relation to qualifying expenditure. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group accounts for such allowances as tax credits. Consequently, the allowance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduces income tax payables and curr<span class="_ _3"/>ent tax expense. A deferred tax asset is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised for unclaimed tax cr<span class="_ _3"/>edits that are carried forward.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets ar<span class="_ _3"/>e recognised when it is probable that the assets will </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduce tax payments in coming years and they are assessed at the expected net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">realisable value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is stated accor<span class="_ _3"/>ding to current tax regulations. Changes in deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax as a consequence of changes in tax rates are r<span class="_ _3"/>ecognised in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The parent company is taxed jointly with all Danish subsidiaries. Income subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">to joint taxation is fully distributed</span></span>.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Critical estimates and judgements</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ta<span class="_ _c"/>x</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">While conducting business globally, transfer pricing disputes, etc. with tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">authorities may occur<span class="_ _0"/>, and Management judgement is applied to assess the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">possible outcome of such disputes. Probability weighted outcomes is used as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the measurement method, and Management believes that the provision made </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for uncertain tax positions not yet settled with local tax authorities is adequate. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">However<span class="_ _0"/>, the actual obligation may deviate and is dependent on the result of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">litigations and settlements with the relevant tax authorities.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group is subject to income taxes in numer<span class="_ _3"/>ous jurisdictions. Significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimates is required in determining provision for uncertain tax positions or the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognition of a deferred tax asset.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A tax asset is recognised if it is assessed that the asset can be utilised in a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">foreseeable futur<span class="_ _3"/>e based on strong indications that sufficient future pr<span class="_ _3"/>ofits are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">available to absorb the temporary differences including the Gr<span class="_ _3"/>oup’<span class="_ _0"/>s future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax planning. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The valuation of tax assets related to losses carried forward is done on a yearly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis and is based on expected positive taxable income within the next 3-5 years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Minimum T<span class="_ _0"/>axation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL is within the scope of the OECD Pillar T<span class="_ _0"/>wo minimum taxation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rules. Pillar T<span class="_ _ac"/>wo legislation was enacted in Denmark where the parent company </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is incorporated, and is effective from 1 January 2024. The Gr<span class="_ _3"/>oup applies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exception to recognising and disclosing information about deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities related to Pillar T<span class="_ _ac"/>wo income taxes, as provided in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amendments to IAS 12 issued in May 2023. Under the legislation, the Group is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liable to pay a top-up tax for the difference between their GloBE ef<span class="_ _3"/>fective tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate per jurisdiction and the 15 percent minimum rate.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ta<span class="_ _c"/>x</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ax in the statement of profit and loss is comprised of current year tax expense </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and changes to deferred tax. Adjustments to prior year tax results and audits ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">captured in the statement of profit and loss if such adjustments materialise. T<span class="_ _67"/>ax<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on changes in other comprehensive income is recognised dir<span class="_ _3"/>ectly under other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Movement in income tax receivable and payable is comprised of payments to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax authorities and provision for current tax on pr<span class="_ _3"/>ofit captured in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss, and adjustments to prior years if such materialise.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Income tax receivable and payable</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:252.953125px;"><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 397.271px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 51.2404px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 15.3047px; width: 397.078px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Income tax receivable and payable</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> 1/</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">1</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 125.103px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">48</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 65.7188px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-3</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 32.0391px; width: 397.746px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Excha</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nge rate adjustme</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nts</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 182.684px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-2</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 71.4022px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><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: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.0547px; width: 397.564px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Acquisition o</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">f subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 192.779px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 68.5605px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 66.0547px; width: 397.113px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Current ta</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x for</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> the year including</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> withholding ta</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xes</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 57.6623px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">153</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 58.0781px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">167</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 83.0703px; width: 397.441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Pay</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ur</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he y</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ear</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.961px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-191</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-114</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 97.6641px; width: 397.529px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sp</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t of pr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r yea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.929px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-9</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 66.3341px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">-4</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.852px; width: 212.643px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Cu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rr</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">en</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">or t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he ye</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ar re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">gn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">is</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ed i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n ot</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 395px; top: 115.852px; width: 3.49805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -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="position: absolute; display: inline-block; left: 0px; top: 121.852px; width: 112.523px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">comprehensive income</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 315.328px; top: 121.852px; width: 8.49609px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">-1</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 136.461px; width: 397.471px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ss f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">om v</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">alu</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">jus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nt of t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">h</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Rus</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ian b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.254px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 70.8634px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 162.422px; width: 397.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">In</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cei</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">le a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aya</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">le 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.285px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 62.5373px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">48</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 185.234px; width: 174.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">In</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">com</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x i</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s rec</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">og</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ni</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d as f</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">oll</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ow</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2d; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s:</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 199.102px; width: 397.301px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Income tax receivable</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 205.418px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">44</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.867px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">31</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 216.117px; width: 397.266px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Income tax payable</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">50</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 63.4748px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">79</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 242.078px; width: 397.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">In</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">me t</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">cei</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">va</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">le a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd p</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aya</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">b</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">le 31/1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.285px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 62.5373px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">48</span></span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Ta<span class="_ _c"/>x</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">T<span class="_ _ac"/>ax in the statement of profit and loss is comprised of current year tax expense </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and changes to deferred tax. Adjustments to prior year tax results and audits ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">captured in the statement of profit and loss if such adjustments materialise. T<span class="_ _67"/>ax<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on changes in other comprehensive income is recognised dir<span class="_ _3"/>ectly under other </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">comprehensive income.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Movement in income tax receivable and payable is comprised of payments to </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax authorities and provision for current tax on pr<span class="_ _3"/>ofit captured in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss, and adjustments to prior years if such materialise.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for deferr<span class="_ _3"/>ed tax are calculated on all temporary differences<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">between accounting and taxable values, calculated using the balance-sheet </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax pr<span class="_ _3"/>ovisions are also made to cover the re-taxation of losses in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">jointly taxed foreign companies previously included in the Danish joint taxation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Companies within the Group may be entitled to claim special tax deductions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for investments in qualifying assets or in relation to qualifying expenditure. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group accounts for such allowances as tax credits. Consequently, the allowance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduces income tax payables and curr<span class="_ _3"/>ent tax expense. A deferred tax asset is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised for unclaimed tax cr<span class="_ _3"/>edits that are carried forward.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets ar<span class="_ _3"/>e recognised when it is probable that the assets will </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduce tax payments in coming years and they are assessed at the expected net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">realisable value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is stated accor<span class="_ _3"/>ding to current tax regulations. Changes in deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax as a consequence of changes in tax rates are r<span class="_ _3"/>ecognised in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The parent company is taxed jointly with all Danish subsidiaries. Income subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">to joint taxation is fully distributed</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for deferr<span class="_ _3"/>ed tax are calculated on all temporary differences<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">between accounting and taxable values, calculated using the balance-sheet </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax pr<span class="_ _3"/>ovisions are also made to cover the re-taxation of losses in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">jointly taxed foreign companies previously included in the Danish joint taxation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Companies within the Group may be entitled to claim special tax deductions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for investments in qualifying assets or in relation to qualifying expenditure. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group accounts for such allowances as tax credits. Consequently, the allowance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduces income tax payables and curr<span class="_ _3"/>ent tax expense. A deferred tax asset is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised for unclaimed tax cr<span class="_ _3"/>edits that are carried forward.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets ar<span class="_ _3"/>e recognised when it is probable that the assets will </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduce tax payments in coming years and they are assessed at the expected net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">realisable value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is stated accor<span class="_ _3"/>ding to current tax regulations. Changes in deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax as a consequence of changes in tax rates are r<span class="_ _3"/>ecognised in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The parent company is taxed jointly with all Danish subsidiaries. Income subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;"><span><span style="display:inherit;clear:left;">to joint taxation is fully distributed</span></span>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for deferr<span class="_ _3"/>ed tax are calculated on all temporary differences<span class="_ _3"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">between accounting and taxable values, calculated using the balance-sheet </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liability method. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax pr<span class="_ _3"/>ovisions are also made to cover the re-taxation of losses in </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">jointly taxed foreign companies previously included in the Danish joint taxation.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Companies within the Group may be entitled to claim special tax deductions </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">for investments in qualifying assets or in relation to qualifying expenditure. The </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group accounts for such allowances as tax credits. Consequently, the allowance </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduces income tax payables and curr<span class="_ _3"/>ent tax expense. A deferred tax asset is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognised for unclaimed tax cr<span class="_ _3"/>edits that are carried forward.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax assets ar<span class="_ _3"/>e recognised when it is probable that the assets will </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">reduce tax payments in coming years and they are assessed at the expected net </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">realisable value. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Deferred tax is stated accor<span class="_ _3"/>ding to current tax regulations. Changes in deferred </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax as a consequence of changes in tax rates are r<span class="_ _3"/>ecognised in the statement of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">profit and loss.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The parent company is taxed jointly with all Danish subsidiaries. Income subject </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to joint taxation is fully distributed</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group is subject to income taxes in numer<span class="_ _3"/>ous jurisdictions. Significant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimates is required in determining provision for uncertain tax positions or the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">recognition of a deferred tax asset.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">A tax asset is recognised if it is assessed that the asset can be utilised in a </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">foreseeable futur<span class="_ _3"/>e based on strong indications that sufficient future pr<span class="_ _3"/>ofits are </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">available to absorb the temporary differences including the Gr<span class="_ _3"/>oup’<span class="_ _0"/>s future </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">tax planning. </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The valuation of tax assets related to losses carried forward is done on a yearly </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">basis and is based on expected positive taxable income within the next 3-5 years.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Minimum T<span class="_ _0"/>axation</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL is within the scope of the OECD Pillar T<span class="_ _0"/>wo minimum taxation </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rules. Pillar T<span class="_ _ac"/>wo legislation was enacted in Denmark where the parent company </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">is incorporated, and is effective from 1 January 2024. The Gr<span class="_ _3"/>oup applies </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the exception to recognising and disclosing information about deferred tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">assets and liabilities related to Pillar T<span class="_ _ac"/>wo income taxes, as provided in the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amendments to IAS 12 issued in May 2023. Under the legislation, the Group is </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">liable to pay a top-up tax for the difference between their GloBE ef<span class="_ _3"/>fective tax </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">rate per jurisdiction and the 15 percent minimum rate.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.2 Commitments and contingent liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For the Group, commitments comprise 20 MEUR (2024: 24 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR), which mainly relate to a number of long-term supply </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">agreements and one conditional tangible asset pur<span class="_ _3"/>chase </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation. Contractual obligations for purchase of pr<span class="_ _3"/>operty, plant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and equipment are mentioned in note 3.2. Contingent liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount to 17 MEUR (2024: 9 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group is engaged in a few legal pr<span class="_ _3"/>oceedings. It is expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that the outcome of these legal proceedings will not impact the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _67"/>s financial position in excess of what has been provided for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of financial position as at 31 December 2025 (as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as at 31 December 2024).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commitments and contingent liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for legal pr<span class="_ _3"/>oceedings are recognised if they are certain or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable at the reporting date, and if the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. Legal proceedings for which no reliable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate can be made are disclosed as contingent liabilities.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.2 Commitments and contingent liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For the Group, commitments comprise 20 MEUR (2024: 24 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR), which mainly relate to a number of long-term supply </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">agreements and one conditional tangible asset pur<span class="_ _3"/>chase </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation. Contractual obligations for purchase of pr<span class="_ _3"/>operty, plant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and equipment are mentioned in note 3.2. Contingent liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount to 17 MEUR (2024: 9 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group is engaged in a few legal pr<span class="_ _3"/>oceedings. It is expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that the outcome of these legal proceedings will not impact the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _67"/>s financial position in excess of what has been provided for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of financial position as at 31 December 2025 (as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as at 31 December 2024).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commitments and contingent liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for legal pr<span class="_ _3"/>oceedings are recognised if they are certain or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable at the reporting date, and if the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. Legal proceedings for which no reliable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate can be made are disclosed as contingent liabilities.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.2 Commitments and contingent liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">For the Group, commitments comprise 20 MEUR (2024: 24 </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">MEUR), which mainly relate to a number of long-term supply </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">agreements and one conditional tangible asset pur<span class="_ _3"/>chase </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">obligation. Contractual obligations for purchase of pr<span class="_ _3"/>operty, plant </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">and equipment are mentioned in note 3.2. Contingent liabilities </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">amount to 17 MEUR (2024: 9 MEUR).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">The Group is engaged in a few legal pr<span class="_ _3"/>oceedings. It is expected </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">that the outcome of these legal proceedings will not impact the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Group’<span class="_ _67"/>s financial position in excess of what has been provided for </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">in the statement of financial position as at 31 December 2025 (as </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">well as at 31 December 2024).</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commitments and contingent liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for legal pr<span class="_ _3"/>oceedings are recognised if they are certain or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable at the reporting date, and if the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. Legal proceedings for which no reliable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate can be made are disclosed as contingent liabilities.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.4 Auditor’<span class="_ _ac"/>s fee</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Fees for services in addition to the statutory audit of the </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">financial statements provided by the statutory auditor<span class="_ _ac"/>, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">to the Group amounted to less than 1 MEUR in both 2025 and </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;">Services in addition to the statutory audit of the financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">statements comprise general consulting services.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ROCKWOOL's policy is to follow the 70 percent fee cap r<span class="_ _3"/>estriction </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">on non-audit services provided by PricewaterhouseCoopers </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Statsautoriseret Revisionspartnerselskab, Denmark, the auditor of </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">the parent company. PricewaterhouseCoopers Statsautoriser<span class="_ _3"/>et </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Revisionspartnerselskab complied with the 70 percent fee cap </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">restriction in 2025 and 2024.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:123.943359375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0.0097656px; width: 356.455px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 13.5px; font-family: ff1; -webkit-text-stroke: 0.2025px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fees to auditors elected at the Annual General Meeting</span></span><span class="pp-font-color-override-3" style="position: absolute; display: inline-block; left: 0px; top: 20.3125px; width: 396.809px; white-space: pre; word-spacing: -0.084px; letter-spacing: 0.084px; margin-left: 0px; font-size: 10.5px; font-family: ff3; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">MEUR</span><span style="word-spacing: -0.084px; letter-spacing: 0.084px; display: inline-block; margin-left: 0px; width: 275.853px; font-size: 10.5px; font-family: ff3; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2025</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 3.11133px; display: inline-block;"> </span></span></span><span style="display: inline-block;">2024</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 38.2266px; width: 397.693px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Statutor</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y audit</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 251.502px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">2</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.5373px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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-2" style="position: absolute; display: inline-block; left: 0px; top: 52.8203px; width: 397.348px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other opinions</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 250.904px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">1</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.7812px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">1</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.8359px; width: 397.564px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">x consultancy</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 249.363px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 64.6991px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 86.8359px; width: 397.383px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Other ser</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">vices</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 255.258px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 64.6991px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">-</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 113.078px; width: 397.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fee</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s to a</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">u</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rs</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 239.766px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px 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: 61.7812px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> </span></span><span style="display: inline-block;">3</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.5<span class="_ _3"/> Events after the r<span class="_ _3"/>eporting date</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">On 13 January 2026, the Russian authorities installed external<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">administration in the Russian subsidiaries and thereby ef<span class="_ _3"/>fectively<span class="_ _1"/> </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">taking control over the business. See note 1.5 for further information.</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Besides the loss of control over the Russian business, we ar<span class="_ _3"/>e </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">not aware of events subsequent to 31 December 2025, which </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">are expected to have a material impact on the Gr<span class="_ _3"/>oup’<span class="_ _ac"/>s financial </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">position.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Accounting policies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commitments and contingent liabilities</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Provisions for legal pr<span class="_ _3"/>oceedings are recognised if they are certain or </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">probable at the reporting date, and if the size of the liability can be </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">measured on a r<span class="_ _3"/>eliable basis. Legal proceedings for which no reliable </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">estimate can be made are disclosed as contingent liabilities.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:89.4296875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 55.0898px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Associa</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tes</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 17.4766px; width: 397.066px; white-space: pre; word-spacing: -0.252px; letter-spacing: 0.252px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AKUART</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> A</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/S</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 239.766px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">20</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 37.4609px; width: 396.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RE</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SO SA</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">France</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">20</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 57.4453px; width: 397.23px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ScanA</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rc Plasma</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> T</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">echnologies AB</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 146.15px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 77.4297px; width: 292.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RE</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SO S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WIS</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S SA</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.332px; font-size: 10.5px; font-family: ff2; -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: 292.916px; top: 77.4297px; width: 48.8262px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 341.742px; top: 77.4297px; width: 44.5078px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 386.25px; top: 77.4297px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20</span></span></span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.6 Group companies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Parent company<span class="ff2 fc3"> <span class="ff3">ROCKWOOL A/S</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:502.1328125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 354.484px; top: 0px; width: 44.8184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">% Shares </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 12px; width: 350.895px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Country</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 365.719px; top: 12px; width: 31.7227px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">owned</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 29.7109px; width: 396.832px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lia P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Australia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.6953px; width: 396.891px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL Handelsgesel</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lschaf</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t m</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.b.H.</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 122.127px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Austria</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.6797px; width: 397.002px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Belgium N.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">V</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 186.797px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Belgium</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.6641px; width: 397.207px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL Bulga</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ria EooD</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bulgaria</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.648px; width: 397.066px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROXUL</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Inc.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 263.01px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Canada</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 129.617px; width: 397.242px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Firesafe Insulation (Guangdong) Co. Ltd.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 149.602px; width: 397.219px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Firesafe Insulation (Jiangsu) Co</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">., L</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 82.4415px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.586px; width: 396.838px; white-space: pre; word-spacing: 0.0315px; letter-spacing: -0.0315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">W</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OO</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L Ad</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tic</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>d.o.o.</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 185.695px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Croatia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 189.57px; width: 397.061px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L a.s.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 234.598px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Czechia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 209.555px; width: 396.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.961px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 229.539px; width: 397.084px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ipplex ApS</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 249.363px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 249.508px; width: 397.043px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L OÜ</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 236.982px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Estonia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 269.914px; width: 397.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">inl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d OY</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.963px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 290.32px; width: 396.832px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL F</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rance S.A</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.S</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 193.94px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">France</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 310.305px; width: 396.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ut</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL G</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mb</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">H &amp; Co. KG</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.496px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 330.273px; width: 396.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">HECK Wa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ll Sy</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s Gm</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bH</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 182.279px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 350.258px; width: 396.867px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Beteiligungs GmbH</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 149.315px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 370.242px; width: 396.867px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL Mineralwolle</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> GmbH Flechtingen</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 87.633px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 390.227px; width: 397.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL O</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns Gm</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bH &amp; C</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o. KG</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.285px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ger</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">many</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 410.211px; width: 396.85px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L Rock</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fon GmbH</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 170.789px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 430.18px; width: 396.879px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL V</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">waltungs GmbH</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 150.1px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 450.164px; width: 397.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uil</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">als L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.147px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 470.148px; width: 396.814px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Hungar</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Kft.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 186.797px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hungary</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 490.133px; width: 397.055px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROXUL</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Insulation India Ltd.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 131.127px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">India</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; 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:499.7109375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 354.562px; top: 0px; width: 44.8184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">% Shares </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 12px; width: 350.895px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Country</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 365.406px; top: 12px; width: 31.7227px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">owned</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 29.8672px; width: 397.178px; white-space: pre; word-spacing: 0px; letter-spacing: -0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROXU</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L RO</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL Tech</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nic</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al I</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ul</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ati</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on I</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia P</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">v</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 72.3341px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">India</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.8516px; width: 396.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL Tech</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nic</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ula</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t. L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 99.2696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">India</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.8203px; width: 396.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PT R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OCK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.929px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Indonesia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.8047px; width: 397.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lia S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 212.074px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Italy</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.383px; width: 396.873px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL Japan</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 207.961px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Japan</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 35.0684px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">97</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 128.945px; width: 396.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL Ko</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a Co. Lt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.172px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Korea</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 148.93px; width: 397.061px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SIA ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 243.603px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Latvia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 168.914px; width: 397.078px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L U</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AB</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 225.287px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lithuania</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 188.898px; width: 396.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Met</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lic (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Mal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia) S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Bh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.809px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Malaysia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 208.883px; width: 397.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ala</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ys</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia Sd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n. B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">hd.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.457px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Malaysia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 228.867px; width: 397.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CMC P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s Per</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lit</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s S de R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. de C</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 122.127px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 248.836px; width: 397.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ici</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os Pea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rl d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co S d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e R.L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e C.V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 113.66px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 268.82px; width: 396.908px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AS ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 237.592px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Norway</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 288.805px; width: 397.014px; white-space: pre; word-spacing: 0.0315px; letter-spacing: -0.0315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FAS</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T s</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p. z o.o.</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 250.23px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 308.789px; width: 396.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL G</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bal B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s Se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ic</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Ce</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nte</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r Sp. z</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.o.o.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 328.773px; width: 397.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL Po</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ls</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ka S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p. z o.o.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.152px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 348.305px; width: 397.066px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L Romania s.r</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.l.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 180.422px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Romania</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 367.82px; width: 396.779px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCKWOOL</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 239.766px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Russia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 387.805px; width: 397.066px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCK</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-NORTH</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 199.172px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Russia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 407.789px; width: 397.043px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCKWOOL</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-Ural</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Russia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 427.773px; width: 397.09px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCKWOOL</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-V</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OLGA</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 200.514px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Russia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 447.758px; width: 396.961px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uil</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">als (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Sin</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ga</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">po</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re) P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Singapore</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 467.742px; width: 396.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lov</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ko s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.r.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 176.039px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Slovakia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 487.711px; width: 397.248px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L P</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">enin</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sular S.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A.U.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 178.078px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; 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:306.8671875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 354.312px; top: 0px; width: 44.8184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">% Shares </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 12px; width: 350.895px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Country</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 364.672px; top: 12px; width: 31.7227px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">owned</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 29.8672px; width: 396.797px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L AB</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 235.711px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.8516px; width: 396.797px; white-space: pre; word-spacing: 0.042px; letter-spacing: -0.042px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fl</span><span style="word-spacing: 0.042px; letter-spacing: -0.042px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">um</span><span style="word-spacing: 0.042px; letter-spacing: -0.042px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ro</span><span style="word-spacing: 0.042px; letter-spacing: -0.042px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c AG</span><span style="word-spacing: 0.042px; letter-spacing: -0.042px; display: inline-block; margin-left: 0px; width: 244.688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.8203px; width: 397.066px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AMAG Engineering AG</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 183.679px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.8047px; width: 397.061px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L GmbH</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 204.053px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.789px; width: 396.984px; white-space: pre; word-spacing: -0.1365px; letter-spacing: 0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL (</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Thaila</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd) Limi</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ted</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 161.309px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Thailand</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 129.773px; width: 397.031px; white-space: pre; word-spacing: -0.252px; letter-spacing: 0.252px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Breda Con</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fec</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tie B</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">V</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 182.279px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">the Netherlands</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 149.758px; width: 397.049px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L B.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">V</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 197.648px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">the Netherlands</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.742px; width: 396.809px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL I</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aa</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t ve Y</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">im Si</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mle</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri S</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Ve Tic</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Sti.</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.1582px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ürkiye</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 192.305px; width: 396.955px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCKWOOL Ukraine</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 193.94px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ukraine</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 214.883px; width: 397.072px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL M</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iddle East F</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ZE</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 186.105px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UAE</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 234.867px; width: 396.756px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L Limited</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff2; -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: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 254.852px; width: 396.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wet</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rb</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Wall Sy</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tem</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s Li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.103px; font-size: 10.5px; font-family: ff2; -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: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 274.836px; width: 396.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROXU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L USA I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 215.332px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United States</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 294.867px; width: 315.141px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL VIETNAM COMP</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY LIMITED</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 100.389px; font-size: 10.5px; font-family: ff2; -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: 315.141px; top: 294.867px; width: 35.5547px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Vietnam</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 350.695px; top: 294.867px; width: 30.2344px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 380.93px; top: 294.867px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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;">Th<span class="_ _1"/>e Ge<span class="_ _1"/>r<span class="_ _1"/>man s<span class="_ _1"/>ub<span class="_ _1"/>si<span class="_ _1"/>dia<span class="_ _1"/>r<span class="_ _1"/>ies D<span class="_ _1"/>EUT<span class="_ _1"/>SCH<span class="_ _1"/>E RO<span class="_ _1"/>CK<span class="_ _1"/>WO<span class="_ _1"/>OL G<span class="_ _1"/>mb<span class="_ _1"/>H &amp; Co. KG an<span class="_ _1"/>d </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RO<span class="_ _1"/>CK<span class="_ _1"/>WO<span class="_ _1"/>OL O<span class="_ _1"/>p<span class="_ _1"/>er<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>ns Gm<span class="_ _1"/>bH &amp; C<span class="_ _1"/>o. KG, whi<span class="_ _1"/>ch ha<span class="_ _1"/>ve le<span class="_ _1"/>ga<span class="_ _1"/>l for<span class="_ _1"/>m o<span class="_ _1"/>f pa<span class="_ _1"/>r<span class="_ _1"/>t<span class="_ _1"/>ner<span class="_ _1"/>s<span class="_ _1"/>hi<span class="_ _1"/>p, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ma<span class="_ _1"/>ke us<span class="_ _1"/>e of t<span class="_ _1"/>he exe<span class="_ _1"/>mp<span class="_ _1"/>ti<span class="_ _1"/>on<span class="_ _1"/>s pr<span class="_ _1"/>ovi<span class="_ _1"/>de<span class="_ _1"/>d by s<span class="_ _1"/>ec<span class="_ _1"/>t<span class="_ _1"/>io<span class="_ _1"/>n 264<span class="_ _1"/>b of t<span class="_ _1"/>he G<span class="_ _1"/>er<span class="_ _1"/>ma<span class="_ _1"/>n </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commercia<span class="_ _3"/>l Code<span class="_ _3"/> (HGB)<span class="_ _3"/>.</span> <span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">6.6 Group companies</span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Parent company<span class="ff2 fc3"> <span class="ff3">ROCKWOOL A/S</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;position:relative;height:502.1328125px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 354.484px; top: 0px; width: 44.8184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">% Shares </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 12px; width: 350.895px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Country</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 365.719px; top: 12px; width: 31.7227px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">owned</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 29.7109px; width: 396.832px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ra</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lia P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Australia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.6953px; width: 396.891px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL Handelsgesel</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lschaf</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t m</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.b.H.</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 122.127px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Austria</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.6797px; width: 397.002px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Belgium N.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">V</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 186.797px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Belgium</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.6641px; width: 397.207px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL Bulga</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ria EooD</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 179.273px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Bulgaria</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.648px; width: 397.066px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROXUL</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> Inc.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 263.01px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Canada</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 129.617px; width: 397.242px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Firesafe Insulation (Guangdong) Co. Ltd.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 63.0176px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 149.602px; width: 397.219px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Firesafe Insulation (Jiangsu) Co</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">., L</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 82.4415px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">China</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.586px; width: 396.838px; white-space: pre; word-spacing: 0.0315px; letter-spacing: -0.0315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">W</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OO</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L Ad</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tic</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span>d.o.o.</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 185.695px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Croatia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 189.57px; width: 397.061px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L a.s.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 234.598px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Czechia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 209.555px; width: 396.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL D</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mar</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">k A</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.961px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 229.539px; width: 397.084px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ipplex ApS</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 249.363px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 249.508px; width: 397.043px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L OÜ</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 236.982px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Estonia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 269.914px; width: 397.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL F</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">inl</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d OY</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.963px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Finland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 290.32px; width: 396.832px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL F</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rance S.A</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.S</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 193.94px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">France</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 310.305px; width: 396.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">De</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ut</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ch</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL G</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mb</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">H &amp; Co. KG</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.496px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 330.273px; width: 396.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">HECK Wa</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ll Sy</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">st</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">em</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s Gm</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bH</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 182.279px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 350.258px; width: 396.867px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Beteiligungs GmbH</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 149.315px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 370.242px; width: 396.867px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL Mineralwolle</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> GmbH Flechtingen</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 87.633px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 390.227px; width: 397.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL O</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">at</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">io</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns Gm</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bH &amp; C</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o. KG</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 107.285px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ger</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">many</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 410.211px; width: 396.85px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L Rock</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fon GmbH</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 170.789px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 430.18px; width: 396.879px; white-space: pre; word-spacing: -0.2205px; letter-spacing: 0.2205px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL V</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">er</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">waltungs GmbH</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 150.1px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Germany</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 450.164px; width: 397.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uil</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">als L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.147px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hong Kong</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 470.148px; width: 396.814px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Hungar</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Kft.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 186.797px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Hungary</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 490.133px; width: 397.055px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROXUL</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL Insulation India Ltd.</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 131.127px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">India</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; 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:499.7109375px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 354.562px; top: 0px; width: 44.8184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">% Shares </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 12px; width: 350.895px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Country</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 365.406px; top: 12px; width: 31.7227px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">owned</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 29.8672px; width: 397.178px; white-space: pre; word-spacing: 0px; letter-spacing: -0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROXU</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L RO</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL Tech</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nic</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al I</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ul</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ati</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on I</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia P</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">v</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Ltd.</span><span style="word-spacing: 0px; letter-spacing: -0.21px; display: inline-block; margin-left: 0px; width: 72.3341px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">India</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.8516px; width: 396.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL Tech</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nic</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ula</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ti</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t. L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 99.2696px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">India</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.8203px; width: 396.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">PT R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OCK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.06055px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L T</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ad</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ing I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">on</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.929px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Indonesia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.8047px; width: 397.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ta</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lia S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 212.074px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Italy</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.383px; width: 396.873px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCKWOOL Japan</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 207.961px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Japan</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 35.0684px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">97</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 128.945px; width: 396.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL Ko</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">a Co. Lt</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.172px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Korea</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 148.93px; width: 397.061px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">SIA ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 243.603px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Latvia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 168.914px; width: 397.078px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L U</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AB</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 225.287px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Lithuania</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 188.898px; width: 396.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Chi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ag</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o Met</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lic (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Mal</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ays</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia) S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">dn</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Bh</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.809px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Malaysia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 208.883px; width: 397.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ala</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ys</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ia Sd</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">n. B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">hd.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.457px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Malaysia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 228.867px; width: 397.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">CMC P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ro</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">du</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">to</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s Per</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lit</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s S de R</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. de C</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 122.127px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 248.836px; width: 397.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ici</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">os Pea</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rl d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Me</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">xi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">co S d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e R.L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e C.V</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 113.66px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Mexico</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 268.82px; width: 396.908px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AS ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 237.592px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Norway</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 288.805px; width: 397.014px; white-space: pre; word-spacing: 0.0315px; letter-spacing: -0.0315px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">FAS</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">T s</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p. z o.o.</span><span style="word-spacing: 0.0315px; letter-spacing: -0.0315px; display: inline-block; margin-left: 0px; width: 250.23px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 308.789px; width: 396.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL G</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lo</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">bal B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">us</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">in</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">es</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s Se</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ic</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">e Ce</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nte</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">r Sp. z</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.o.o.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.6542px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 328.773px; width: 397.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL Po</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ls</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ka S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">p. z o.o.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.152px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Poland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 348.305px; width: 397.066px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L Romania s.r</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.l.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 180.422px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"> Romania</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 367.82px; width: 396.779px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCKWOOL</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 239.766px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Russia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 387.805px; width: 397.066px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCK</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-NORTH</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 199.172px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Russia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 407.789px; width: 397.043px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCKWOOL</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-Ural</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 217.254px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Russia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 427.773px; width: 397.09px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCKWOOL</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">-V</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OLGA</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 200.514px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Russia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 447.758px; width: 396.961px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL B</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">uil</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">di</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ng M</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ate</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">als (</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Sin</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ga</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">po</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">re) P</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te L</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">td.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.0312px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Singapore</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 467.742px; width: 396.762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">lov</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ens</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ko s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.r.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">o.</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 176.039px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Slovakia</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 487.711px; width: 397.248px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L P</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">enin</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">sular S.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">A.U.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 178.078px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Spain</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; 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:306.8671875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 354.312px; top: 0px; width: 44.8184px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">% Shares </span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 12px; width: 350.895px; white-space: pre; word-spacing: -0.231px; letter-spacing: 0.231px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Subsidiaries</span><span style="word-spacing: -0.231px; letter-spacing: 0.231px; display: inline-block; margin-left: 0px; width: 251.883px; font-size: 10.5px; font-family: ff1; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Country</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 364.672px; top: 12px; width: 31.7227px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">owned</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 29.8672px; width: 396.797px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L AB</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 235.711px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 49.8516px; width: 396.797px; white-space: pre; word-spacing: 0.042px; letter-spacing: -0.042px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Fl</span><span style="word-spacing: 0.042px; letter-spacing: -0.042px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">um</span><span style="word-spacing: 0.042px; letter-spacing: -0.042px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ro</span><span style="word-spacing: 0.042px; letter-spacing: -0.042px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">c AG</span><span style="word-spacing: 0.042px; letter-spacing: -0.042px; display: inline-block; margin-left: 0px; width: 244.688px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span class="pp-font-color-override-2" style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 69.8203px; width: 397.066px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">P</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">AMAG Engineering AG</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 183.679px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 89.8047px; width: 397.061px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L GmbH</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 204.053px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 109.789px; width: 396.984px; white-space: pre; word-spacing: -0.1365px; letter-spacing: 0.1365px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL (</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">Thaila</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nd) Limi</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ted</span><span style="word-spacing: -0.1365px; letter-spacing: 0.1365px; display: inline-block; margin-left: 0px; width: 161.309px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Thailand</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 129.773px; width: 397.031px; white-space: pre; word-spacing: -0.252px; letter-spacing: 0.252px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Breda Con</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">fec</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tie B</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">V</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 182.279px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">the Netherlands</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.3613px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 149.758px; width: 397.049px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L B.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">V</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">.</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 197.648px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">the Netherlands</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 169.742px; width: 396.809px; white-space: pre; word-spacing: 0px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RO</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">CK</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WO</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">OL I</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ns</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">aa</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">t ve Y</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">al</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">it</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">im Si</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mle</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ri S</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">an</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Ve Tic</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Ltd</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">. Sti.</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 54.1582px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">T</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: -1.086px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ürkiye</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 192.305px; width: 396.955px; white-space: pre; word-spacing: -0.2415px; letter-spacing: 0.2415px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">LLC</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> ROCKWOOL Ukraine</span><span style="word-spacing: -0.2415px; letter-spacing: 0.2415px; display: inline-block; margin-left: 0px; width: 193.94px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Ukraine</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 214.883px; width: 397.072px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL M</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">iddle East F</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ZE</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 186.105px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">UAE</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">100</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 234.867px; width: 396.756px; white-space: pre; word-spacing: -0.126px; letter-spacing: 0.126px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOO</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L Limited</span><span style="word-spacing: -0.126px; letter-spacing: 0.126px; display: inline-block; margin-left: 0px; width: 169.154px; font-size: 10.5px; font-family: ff2; -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: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 254.852px; width: 396.756px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Wet</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">he</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rb</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">y Wall Sy</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tem</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">s Li</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">mi</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">te</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">d</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 119.103px; font-size: 10.5px; font-family: ff2; -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: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United Kingdom</span><span style="word-spacing: -0.2205px; letter-spacing: 0.2205px; display: inline-block; margin-left: 0px; width: 28.8516px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 274.836px; width: 396.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROXU</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">L USA I</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">nc</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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: 215.332px; font-size: 10.5px; font-family: ff2; -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: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">United States</span><span style="word-spacing: 0px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 29.7422px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">100</span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 294.867px; width: 315.141px; white-space: pre; word-spacing: -0.1785px; letter-spacing: 0.1785px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ROCK</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WOOL VIETNAM COMP</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">ANY LIMITED</span><span style="word-spacing: -0.1785px; letter-spacing: 0.1785px; display: inline-block; margin-left: 0px; width: 100.389px; font-size: 10.5px; font-family: ff2; -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: 315.141px; top: 294.867px; width: 35.5547px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Vietnam</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 350.695px; top: 294.867px; width: 30.2344px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 30.2344px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 380.93px; top: 294.867px; width: 16.2598px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px 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;position:relative;height:89.4296875px;"><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 0px; width: 55.0898px; white-space: pre; word-spacing: -0.21px; letter-spacing: 0.21px; margin-left: 0px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Associa</span><span style="word-spacing: -0.21px; letter-spacing: 0.21px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff1; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">tes</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 17.4766px; width: 397.066px; white-space: pre; word-spacing: -0.252px; letter-spacing: 0.252px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">AKUART</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> A</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">/S</span><span style="word-spacing: -0.252px; letter-spacing: 0.252px; display: inline-block; margin-left: 0px; width: 239.766px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Denmark</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">20</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 37.4609px; width: 396.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RE</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SO SA</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 269.584px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">France</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.0096px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">20</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 57.4453px; width: 397.23px; white-space: pre; word-spacing: -0.1995px; letter-spacing: 0.1995px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">ScanA</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">rc Plasma</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;"> T</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: -0.5955px; width: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">echnologies AB</span><span style="word-spacing: -0.1995px; letter-spacing: 0.1995px; display: inline-block; margin-left: 0px; width: 146.15px; font-size: 10.5px; font-family: ff2; -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: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Sweden</span><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span><span style="display: inline-block;">34</span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 0px; top: 77.4297px; width: 292.916px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">RE</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">SO S</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">WIS</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.480469px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"/><span style="display: inline-block;">S SA</span><span style="word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.332px; font-size: 10.5px; font-family: ff2; -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: 292.916px; top: 77.4297px; width: 48.8262px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">Switzerland</span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 341.742px; top: 77.4297px; width: 44.5078px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="word-spacing: 0.42px; letter-spacing: -0.42px; display: inline-block; margin-left: 0px; width: 44.508px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;"><span style="width: 2.92383px; display: inline-block;"> </span></span></span></span><span class="pp-font-color-override-2" style="position: absolute; display: inline-block; left: 386.25px; top: 77.4297px; width: 10.8398px; white-space: pre; word-spacing: 0.42px; letter-spacing: -0.42px; margin-left: 0px; font-size: 10.5px; font-family: ff2; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);"><span style="display: inline-block;">20</span></span></span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Th<span class="_ _1"/>e Ge<span class="_ _1"/>r<span class="_ _1"/>man s<span class="_ _1"/>ub<span class="_ _1"/>si<span class="_ _1"/>dia<span class="_ _1"/>r<span class="_ _1"/>ies D<span class="_ _1"/>EUT<span class="_ _1"/>SCH<span class="_ _1"/>E RO<span class="_ _1"/>CK<span class="_ _1"/>WO<span class="_ _1"/>OL G<span class="_ _1"/>mb<span class="_ _1"/>H &amp; Co. KG an<span class="_ _1"/>d </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">RO<span class="_ _1"/>CK<span class="_ _1"/>WO<span class="_ _1"/>OL O<span class="_ _1"/>p<span class="_ _1"/>er<span class="_ _1"/>at<span class="_ _1"/>io<span class="_ _1"/>ns Gm<span class="_ _1"/>bH &amp; C<span class="_ _1"/>o. KG, whi<span class="_ _1"/>ch ha<span class="_ _1"/>ve le<span class="_ _1"/>ga<span class="_ _1"/>l for<span class="_ _1"/>m o<span class="_ _1"/>f pa<span class="_ _1"/>r<span class="_ _1"/>t<span class="_ _1"/>ner<span class="_ _1"/>s<span class="_ _1"/>hi<span class="_ _1"/>p, </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">ma<span class="_ _1"/>ke us<span class="_ _1"/>e of t<span class="_ _1"/>he exe<span class="_ _1"/>mp<span class="_ _1"/>ti<span class="_ _1"/>on<span class="_ _1"/>s pr<span class="_ _1"/>ovi<span class="_ _1"/>de<span class="_ _1"/>d by s<span class="_ _1"/>ec<span class="_ _1"/>t<span class="_ _1"/>io<span class="_ _1"/>n 264<span class="_ _1"/>b of t<span class="_ _1"/>he G<span class="_ _1"/>er<span class="_ _1"/>ma<span class="_ _1"/>n </span><span xmlns="http://www.w3.org/1999/xhtml" style="display:inherit;clear:left;">Commercia<span class="_ _3"/>l Code<span class="_ _3"/> (HGB)<span class="_ _3"/>.</span> ROCKWOOL A/S ROCKWOOL A/S ROCKWOOL A/S A/S Hovedgaden 5842640 Hedehusene Denmark Denmark