45501965 2025-12-31 d:InvestmentsInAssociatesMember 45501965 2025-03-16 2025-12-31 1 45501965 2025-03-16 2025-12-31 d:InvestmentsInAssociatesMember 45501965 2025-03-16 2025-12-31 45501965 2025-03-16 2025-12-31 2 45501965 2025-03-16 2025-12-31 1 45501965 2025-12-31 45501965 2025-03-16 2025-12-31 d:ContributedCapitalMember 45501965 2025-03-16 2025-12-31 d:SharePremiumMember 45501965 2025-03-16 2025-12-31 d:RetainedEarningsMember 45501965 2025-12-31 d:ContributedCapitalMember 45501965 2025-12-31 d:SharePremiumMember 45501965 2025-12-31 d:RetainedEarningsMember 45501965 2025-03-16 2025-12-31 d:InvestmentsInGroupEnterprisesMember 45501965 2025-03-16 2025-12-31 d:ReceivablesFromGroupEnterprisesMember 45501965 2025-12-31 d:InvestmentsInGroupEnterprisesMember 45501965 2025-12-31 d:ReceivablesFromGroupEnterprisesMember 45501965 2025-03-16 2025-12-31 d:SubsidiaryMember 1 45501965 2025-12-31 d:SubsidiaryMember 1 45501965 2025-03-16 2025-12-31 d:SubsidiaryMember 2 45501965 2025-12-31 d:SubsidiaryMember 2 45501965 2025-03-16 2025-12-31 d:AssociateMember 1 45501965 2025-12-31 d:AssociateMember 1 iso4217:DKK xbrli:pure 10000 (venstre underskriver) (venstre underskriver) (venstre underskriver) (venstre underskriver) (venstre underskriver) 10000 10000 Årsrapport 30700228 EY Godkendt Revisionspartnerselskab Dirch Passers Allé 36 Postboks 250, 2000 Frederiksberg 2025-03-16 2025-12-31 45501965 42 Renaissance Group ApS Bredgade 20, 2. 1260 København K 2025-03-16 København (venstre underskriver) EY Godkendt Revisionspartnerselskab EY Godkendt Revisionspartnerselskab 30700228 30700228 Dirch Passers Allé 36 Dirch Passers Allé 36 2000 Frederiksberg 2000 Frederiksberg Danmark Danmark +45 73 23 30 00 +45 73 23 30 00 2026-07-08 Andreas Pedersen Regnskabsklasse B Erklæring om udvidet gennemgang Grundlag for konklusion Konklusion true 2026-07-08 2026-07-08 CaseWare Working Papers Today, the Executive Board has discussed and approved the annual report of 42 Renaissance Group ApS for the financial year as of the establishment of the Company 16 March - 31 December 2025. The annual report is prepared in accordance with the Danish Financial Statements Act. In my opinion, the financial statements give a true and fair view of the financial position of the Company at 31 December 2025 and of the results of the Company's operations for the financial year as of the establishment of the Company 16 March - 31 December 2025. Further, in my opinion, the Management's review gives a fair review of the matters discussed in the Management's review. I recommend that the annual report be approved at the annual general meeting. Copenhagen Andreas Pedersen Director To the shareholders of 42 Renaissance Group ApS We have conducted an extended review of the financial statements of 42 Renaissance Group ApS for the financial year as of the establishment of the Company 16 March - 31 December 2025, which comprise income statement, balance sheet, statement of changes in equity and notes, including accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act.Based on the work we have performed, in our opinion, the financial statements give a true and fair view of the financial position of the Company at 31 December 2025 and of the results of the Company's operations for the financial year as of the establishment of the Company 16 March - 31 December 2025 in accordance with the Danish Financial Statements Act. We conducted our extended review in accordance with the Danish Business Authority's standard on extended review for Small entities and FSR - Danish Auditors' standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the "Auditor's responsibilities for the extended review of the financial statements" section. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion.IndependenceWe are independent of the Company in accordance with the International Ethics Standards Board for Accountants' International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act and for such internal control that Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.In preparing the financial statements, Management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Our responsibility is to express a conclusion on the financial statements. This requires that we plan and perform procedures to obtain limited assurance for our conclusion on the financial statements and perform specifically required supplementary procedures to obtain additional assurance for our conclusion.An extended review comprises procedures that primarily consist of making enquiries of Management and others within the Company, as appropriate, analytical procedures and the specifically required supplementary procedures as well as evaluation of the evidence obtained.The procedures performed in an extended review are less than those performed in an audit, and accordingly, we do not express an audit opinion on the financial statements. Management is responsible for the Management's review.Our conclusion on the financial statements does not cover the Management's review, and we do not express any form of assurance conclusion thereon.In connection with our extended review of the financial statements, our responsibility is to read the Management's review and, in doing so, consider whether the Management's review is materially inconsistent with the financial statements or our knowledge obtained during the extended review, or otherwise appears to be materially misstated.Moreover, it is our responsibility to consider whether the Management's review provides the information required under the Danish Financial Statements Act.Based on the work we have performed, we conclude that the Management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statement Act. We did not identify any material misstatement of the Management's review. Copenhagen Simon Blendstrup Tinne Kruse State Authorised Public Accountant mne44060 State Authorised Public Accountant mne49068 The company's purpose is to conduct business in trade and services as well as activities related thereto. The income statement for 2025 shows a loss of DKK 37,884, and the balance sheet at 31 December 2025 shows equity of DKK 2,982,116. During the financial year, the Company completed a share capital increase of nominally DKK 1,739 through a cash contribution. Following the capital increase, the share capital amounts to nominally DKK 21,739. No events materially affecting the Company's financial position have occurred subsequent to the financial year-end. -52762 5000 -47762 -9878 -37884 -37884 460000 2005000 10000 2475000 2475000 9878 9878 511238 521116 2996116 21739 0 2960377 2982116 14000 14000 14000 2996116 20000 0 0 1739 2998261 0 -37884 -2998261 2998261 21739 0 2960377 The annual report of 42 Renaissance Group ApS for 2025 has been prepared in accordance with the provisions in the Danish Financial Statements Act applying to reporting class B entities and elective choice of certain provisions applying to reporting class C entities. The annual financial statements, which cover the company's first financial year, have been prepared according to the following accounting practices: Pursuant to section 110(1) of the Danish Financial Statements Act, the Company has not prepared consolidated financial statements. Reporting currencyThe financial statements are presented in Danish kroner (DKK). The item external expenses have been aggregated into one item in the income statement called gross profit/loss in accordance with section 32 of the Danish Financial Statements Act. Other external expenses include the year's expenses relating to the Company's core activities, including expenses relating to distribution, sale, advertising, administration, premises, bad debts, payments under operating leases, etc. The parent company is covered by the Danish rules on mandatory joint taxation of the Group's Danish group entities. Group entities are included in the joint taxation arrangement from the date at which they are included in the consolidated financial statements and up to the date when they are no longer consolidated.The parent company acts as management company for the joint taxation arrangement and consequently settles all corporate income tax payments with the tax authorities.On payment of joint taxation contributions, the Danish corporate income tax charge is allocated between the jointly taxed entities in proportion to their taxable income. Entities with tax losses receive joint taxation contributions from entities that have been able to use the tax losses to reduce their own taxable income.Tax for the year, which comprises the current income tax charge, joint taxation contributions and deferred tax adjustments, including adjustments arising from changes in tax rates, is recognised in the income statement as regards the portion that relates to the profit/loss for the year and directly in equity as regards the portion that relates to entries directly in equity. The Company has chosen IAS 39 as interpretation for impairment write-down of financial receivables.Receivables are measured at amortised cost.An impairment loss is recognised if there is objective evidence that a receivable or a group of receivables is impaired. If there is objective evidence that an individual receivable has been impaired, an impairment loss is recognised on an individual basis.Receivables in respect of which there is no objective evidence of individual impairment are tested for objective evidence of impairment on a portfolio basis. The portfolios are primarily based on the debtors' domicile and credit ratings in line with the Company's risk management policy. The objective evidence applied to portfolios is determined based on historical loss experience.Impairment losses are calculated as the difference between the carrying amount of the receivables and the present value of the expected cash flows, including the realisable value of any collateral received. The effective interest rate for the individual receivable or portfolio is used as discount rate. Cash comprise cash and short term securities which are readily convertible into cash and subject only to minor risks of changes in value. Other payablesOther payables are measured at net realisable value. 0 5000 460000 2005000 460000 2005000 460000 2005000 42 Rensaissance Tech ApS ApS Copenhagen 100.00 -183022 -203022 42 Rensaissance ApS ApS Copenhagen 100.00 638698 342059 Aether Technology ApS ApS Copenhagen 50.00 As management company, the Company is jointly taxed with other Danish group entities and is jointly and severally with other jointly taxed group entities for payment of income taxes for income year 2025 onwards as well as withholding taxes on interest, royalties and dividends falling due for payment on or after 31 December 2025.