33368771 2025-01-01 2025-12-31 1 33368771 2002-01-01 2002-12-31 3 33368771 2025-01-01 2025-12-31 3 33368771 2024-01-01 2024-12-31 3 33368771 2001-01-01 2001-12-31 3 33368771 2000-01-01 2000-12-31 3 33368771 2025-01-01 2025-12-31 33368771 2025-01-01 2025-12-31 2 33368771 2025-01-01 2025-12-31 1 33368771 2025-01-01 2025-12-31 1 33368771 2025-01-01 2025-12-31 2 33368771 2025-01-01 2025-12-31 3 33368771 2002-01-01 2002-12-31 33368771 2001-01-01 2001-12-31 33368771 2000-01-01 2000-12-31 33368771 2024-01-01 2024-12-31 33368771 2002-12-31 33368771 2001-12-31 33368771 2000-12-31 33368771 2025-12-31 33368771 2024-12-31 33368771 2024-01-01 d:ContributedCapitalMember 33368771 2024-01-01 d:RetainedEarningsMember 33368771 2024-01-01 d:ProposedDividendRecognisedInEquityMember 33368771 2024-01-01 2024-12-31 d:RetainedEarningsMember 33368771 2024-01-01 2024-12-31 d:ProposedDividendRecognisedInEquityMember 33368771 2025-01-01 d:ContributedCapitalMember 33368771 2025-01-01 d:RetainedEarningsMember 33368771 2025-01-01 d:ProposedDividendRecognisedInEquityMember 33368771 2025-01-01 2025-12-31 d:RetainedEarningsMember 33368771 2025-01-01 2025-12-31 d:ProposedDividendRecognisedInEquityMember 33368771 2025-12-31 d:ContributedCapitalMember 33368771 2025-12-31 d:RetainedEarningsMember 33368771 2025-12-31 d:ProposedDividendRecognisedInEquityMember 33368771 2025-01-01 d:FixturesFittingsToolsAndEquipmentMember 33368771 2025-01-01 d:PropertyPlantAndEquipmentInProgressMember 33368771 2025-01-01 2025-12-31 d:FixturesFittingsToolsAndEquipmentMember 33368771 2025-01-01 2025-12-31 d:PropertyPlantAndEquipmentInProgressMember 33368771 2025-12-31 d:FixturesFittingsToolsAndEquipmentMember 33368771 2025-12-31 d:PropertyPlantAndEquipmentInProgressMember 33368771 2002-01-01 d:ContributedCapitalMember 33368771 2001-01-01 d:ContributedCapitalMember 33368771 2000-01-01 d:ContributedCapitalMember 33368771 2024-12-31 d:ContributedCapitalMember 33368771 2002-12-31 d:ContributedCapitalMember 33368771 2001-12-31 d:ContributedCapitalMember 33368771 2000-12-31 d:ContributedCapitalMember 33368771 2025-01-01 33368771 2024-01-01 33368771 2025-12-31 d:PropertyPlantAndEquipmentMember 33368771 2024-12-31 d:PropertyPlantAndEquipmentMember 33368771 2025-12-31 d:ReceivablesMember 33368771 2024-12-31 d:ReceivablesMember 33368771 2025-12-31 d:LiabilitiesOtherThanProvisionsMember 33368771 2024-12-31 d:LiabilitiesOtherThanProvisionsMember iso4217:DKK xbrli:pure (venstre underskriver) Profit before interest and tax (EBIT) (venstre underskriver) (venstre underskriver) (venstre underskriver) (venstre underskriver) Profit before interest and tax (EBIT) Profit before interest and tax (EBIT) Profit before interest and tax (EBIT) Profit before interest and tax (EBIT) Årsrapport 30700228 EY Godkendt Revisionspartnerselskab Dirch Passers Allé 36 Postboks 250, 2000 Frederiksberg 2025-01-01 2025-12-31 2024-01-01 2024-12-31 33368771 3Shape Trios A/S Holmens Kanal 7 1060 København K 2010-11-24 Copenhagen 70272620 www.3shape.com (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 2026-06-11 Henriette Stakemann Regnskabsklasse C, stor virksomhed Revisionspåtegning Grundlag for konklusion Konklusion true 2026-06-11 2026-06-11 CaseWare Working Papers Today, the Board of Directors and the Executive Board have discussed and approved the annual report of 3Shape Trios A/S for the financial year 1 January - 31 December 2025. The annual report is prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the financial position of the Company at 31 December 2025 and of the results of the Company's operations for the financial year 1 January - 31 December 2025. Further, in our opinion, the Management's review gives a fair review of the matters discussed in the Management's review. We recommend that the annual report be approved at the annual general meeting. Copenhagen Jacob Vishof Paulsen Stefan Kratzer Chair Henriette Stakemann Jacob Vishof Paulsen To the shareholder of 3Shape Trios A/S We have audited the financial statements of 3Shape Trios A/S for the financial year 1 January - 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.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 1 January - 31 December 2025 in accordance with the Danish Financial Statements Act. We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the "Auditor's responsibilities for the audit of the financial statements" section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.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 as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.In preparing the financial statements, Management is responsible for assessing the 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 objectives are to obtain reasonable assurance as to whether the financial statements as a whole are free from material misstatement, whether due to fraud or error and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit. We also:Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control.Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management.Conclude on the appropriateness of Management's use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.Evaluate the overall presentation, structure and contents of the financial statements, including the note disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Management is responsible for the Management's review.Our opinion 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 audit 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 audit, 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 Morten Weinreich Larsen Ole Sømark State Authorised Public Accountant mne42791 State Authorised Public Accountant mne51497 2910048000 2795966000 1987162000 192226000 980703000 932045000 126882000 105774000 116653000 918551000 611603000 -51966000 20524000 -4575000 35100000 9045000 87573000 743847000 484101000 968518000 1254241000 552725000 13730000 10334000 14508000 18703000 10697000 214676000 777103000 168256000 19.1 11.9 10.6 102.0 96.9 18.2 23.9 22.2 62.0 30.4 41.0 52.2 17.7 157.4 226.5 84 71 58 The financial ratios stated under "Financial highlights" have been calculated as follows:Return on assets Profit/loss from operating activities x 100Average assetsEquity ratio Equity, year-end x 100Total equity and liabilities, year-endReturn on equity Profit/loss after tax x 100Average equity The Company's most important activities are sales of 3D scanners and 3D CAD / CAM software. The primary sales are products and software for dental clinics, dental laboratories, and hearing aid manufacturers. The income statement for 2025 shows a profit of DKK 58,446 thousand against a profit of DKK 98,579 thousand last year, and the balance sheet at 31 December 2025 shows equity of DKK 121,700 thousand. Revenue for 2025 amounted to DKK 2,881,803 thousand, compared to DKK 3,221,909 thousand in 2024. Revenue fell short of expectations and growth ambitions, especially driven by North America and Rest of World regions, while the Company maintained a positive operating result with an EBIT of DKK 126,882 thousand. During 2025, the Company paid dividends of DKK 100,000 thousand relating to the profit for 2024. In addition, the Board of Directors proposes a dividend of DKK 100,000 thousand to be paid in 2026. 3Shape Trios A/S remains committed to returning to growth. The strategic initiatives undertaken lay the foundation for future growth, and the 3Shape Trios A/S is well-positioned to navigate evolving market conditions. Management expects and plans with achieving revenue in line with prior year in 2026, with an EBIT margin broadly in line with the level achieved in recent years. The Company’s risk management is primarily handled by a central finance department (Finance DK) under policies approved by the Board of Directors. Finance DK identifies and evaluates financial risks in close cooperation with the Company’s operating units. The Board of Directors establishes written principles for overall risk management as well as policies covering specific areas, including foreign exchange risk, interest rate risk, credit risk, and the management of excess liquidity.Management has identified the following key financial risks:Market RiskMarket risk is defined as the risk that the fair value of future cash flows from a financial instrument will fluctuate as a result of changes in market prices. For the Company, market risk primarily comprises foreign currency risk and interest rate risk.Foreign currency riskForeign currency risk refers to the risk that the fair value of future cash flows from an exposure will fluctuate due to changes in foreign exchange rates. The Company’s exposure arises mainly from revenues and expenses denominated in foreign currencies. The Company’s global presence, including manufacturing and representation offices in several countries as well as direct sales channels in selected markets, creates currency exposure. The primary exposure stems from transaction flows where purchasing and/or production occur in one currency while sales are conducted in another. A significant portion of business transactions is denominated in EUR and USD. As the Danish krone (DKK) is pegged to the euro, currency risk related to EUR is considered limited. Other significant exposures relate primarily to USD and PLN. Overall currency exposure is managed centrally by exchanging sufficient cash into the required currencies using spot exchange transactions once the need is identified. Cash in excess of working capital requirements is held in EUR or DKK.The Company does not engage in hedging activities. Any hedging activities require prior approval from the Board of Directors.Interest rate riskInterest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate due to changes in market interest rates. The Company’s exposure to interest rate risk primarily relates to deposits, which are short-term in nature. As the Company generates positive cash flows, interest rate risk is considered limited.Credit risk exposure to financial counterpartiesCredit risk arises from the possibility that financial counterparties may default on their obligations, resulting in financial losses for the Company. To mitigate this risk, the Company only places money market deposits with financial counterparties that have satisfactory long-term credit ratings.Credit risk exposure to non-financial counterpartiesThe Company performs credit risk assessments of customers based on a range of parameters and sets credit limits accordingly. Credit risk exposure to non-financial counterparties primarily relates to trade and other receivables. The Company recognises impairments based on the expected credit loss approach or when a court order of bankruptcy has been issued for a counterparty. In addition, trade receivables are assessed on an individual basis.Liquidity RiskLiquidity risk arises if the Company is unable to meet its contractual obligations as they fall due as a result of insufficient liquidity.As of 31 December 2025, the Company’s cash and cash equivalents amounted to DKK 100,839 thousand (2024: DKK 84,770 thousand), which management considers sufficient to meet both current and future obligations in accordance with the Company’s expectations and strategic objectives. The Company has elected not to prepare a separate statement on corporate social responsibility in accordance with section 99 a, subsection 7 of the Danish Financial Statements Act, as the parent company fulfils the relevant disclosure requirements. The CSR report is included in the Annual Report of 3Shape Holding A/S.The statement can be found in 3Shape Holding A/S’s, Copenhagen, Annual Report for the financial year 2025 at the following URL:https://www.3shape.com/en/about-us/company-reports A data ethics policy has been developed and implemented to ensure responsible and sustainable data management practices. Further information is available at https://www.3shape.com/en/data-ethics-policy. 2881803000 3221909000 2654770000 3026839000 0 7942000 23530000 20884000 203503000 182128000 66052000 67493000 7976000 8340000 2593000 521000 126882000 105774000 15530000 20524000 67496000 0 74916000 126298000 16470000 27719000 58446000 98579000 24280000 23255000 0 43000 24280000 23298000 2405000 1989000 2405000 1989000 26685000 25287000 381000 901000 42145000 2965000 42526000 3866000 267016000 301885000 230789000 267501000 50000 1168000 497855000 570554000 100839000 84770000 641220000 659190000 667905000 684477000 1100000 1100000 20600000 62154000 100000000 100000000 121700000 163254000 29301000 25932000 29301000 25932000 0 6100000 41650000 48983000 192472000 150653000 4893000 8105000 277889000 281450000 516904000 495291000 667905000 684477000 1100000 63575000 150000000 -1421000 100000000 0 150000000 1100000 62154000 100000000 -41554000 100000000 0 100000000 1100000 20600000 100000000 The annual report of 3Shape Trios A/S for 2025 has been prepared in accordance with the provisions in the Danish Financial Statements Act applying to large reporting class C entities. The accounting policies used in the preparation of the financial statements are consistent with those of last year. With reference to the Danish Financial Statements Act §86, the cash flow statement is not prepared. The company's cash flows are included in the consolidated cash flow statement for the parent company 3Shape Holding A/S. On initial recognition, transactions denominated in foreign currencies are translated at the exchange rates at the transaction date. Foreign exchange differences arising between the exchange rates at the transaction date and the date of payment are recognised in the income statement as financial income or financial expenses.Receivables, payables and other monetary items denominated in foreign currencies are translated at the exchange rates at the balance sheet date. The difference between the exchange rates at the balance sheet date and the date at which the receivable or payable arose or was recognised in the latest financial statements is recognised in the income statement as financial income or financial expenses. The Company has chosen IAS 11/IAS 18 as interpretation for revenue recognition.Income from the sale of goods for resale and finished goods is recognised in revenue when the most significant rewards and risks have been transferred to the buyer, the income can be measured reliably and payment is expected to be received. On the conclusion of sales contracts that consist of several separate sales transactions, the contract price is split up into the individual sales transactions based on the relative fair value approach. The separate sales transactions are recognised as revenue when the criteria for sale of goods or services are met. Revenue from term-based software licenses is accrued and recognized on a straight-line basis over the license period in accordance with the contract.Revenue is measured at the fair value of the agreed consideration excluding VAT and taxes charged on behalf of third parties. All discounts and rebates granted are recognised in revenue. Other operating income comprise items secondary to the principal activities of the Company, including rental income from the temporary lease out of production facilities, compensation, government grants, refund of wages and salaries, gains on the disposal of intangible assets and property, plant and equipment, etc. Compensation and grants are recognised when there is reasonable assurance that the entity will comply with the conditions attaching to them and the grants will be received. Cost of sales includes the cost of goods used in generating the year's revenue. 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. Staff costs comprise wages and salaries, including holiday allowance and pensions, and other social security costs, etc., for the Company's employees.A number of employees are eligible for the warrant programs and matching shares, which is described in the annual report for 3Shape Holding A/S. For equity-settled warrants and matching shares, the fair value is measured at the time of the grant and is recognized in the income statement over the vesting period.The shares are awarded in 3Shape Holding A/S and are settled via Intercompany transactions.The fair value of the granted options is calculated using the Black-Scholes model. The item comprises depreciation of property, plant and equipment.The basis of depreciation, which is calculated as cost less any residual value, is depreciated on a straight line basis over the expected useful life. The expected useful lives of the assets are as follows:Fixtures and fittings, other plant and equipment 3-5 years Other operating expenses comprise items of a secondary nature relative to the Company's core activities, including the sale of non-current assets. Financial income and expenses comprise interest income and expenses, payables and transactions denominated in foreign currencies, amortisation of financial assets and liabilities as well as surcharges and refunds under the on-account tax scheme, etc. Tax for the year includes current tax on the year's expected taxable income and the year's deferred tax adjustments. The portion of the tax for the year that relates to the profit/loss for the year is recognised in the income statement, whereas the portion that relates to transactions taken to equity is recognised in equity.The entity is jointly taxed with other group entities. The total Danish income tax charge is allocated between profit/loss-making Danish entities in proportion to their taxable income (full absorption).Jointly taxed entities entitled to a tax refund are reimbursed by the management company based on the rates applicable to interest allowances, and jointly taxed entities which have paid too little tax pay a surcharge according to the rates applicable to interest surcharges to the management company. Property, plant and equipmentFixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses. Costs comprise the purchase price and any costs directly attributable to the acquisition until the date when the asset is available for use. Individual components of property, plant and equipment that have different useful lives are accounted for as separate items, which are depreciated separately. Depreciation is provided on a straight-line basis over the expected useful lives of the assets.Depreciation is based on the residual value of the asset and is reduced by impairment losses, if any. The depreciation period and the residual value are determined at the acquisition date and are reassessed annually. Where the residual value exceeds the carrying amount of the asset, no further depreciation charges are recognised. In case of changes in the depreciation period or the residual value, the effect on the depreciation charges is recognised prospectively as a change in accounting estimates. Depreciation is recognised in the income statement as production costs, distribution costs, research & development costs and administrative expenses, respectively. Gains and losses on the disposal of items of property, plant and equipment are calculated as the difference between the selling price less selling costs and the carrying amount at the date of disposal. Gains and losses are recognised in the income statement as other operating income or other operating expenses, respectively.Gains or losses are calculated as the difference between the selling price less selling costs and the carrying amount at the date of disposal. Gains and losses from the disposal of property, plant and equipment are recognised in the income statement as other operating income or other operating expenses. The carrying amount of property, plant and equipment is assessed annually for indication of impairment. An impairment test is conducted on individual assets or cash-generating units when there is indication of impairment. Write-down is made to the lower of the recoverable amount and carrying amount. The recoverable amount is the higher of the net selling price of an asset and its value in use. The value in use is calculated as the present value of the expected net cash flows from the use of the asset or the group of assets and the expected net cash flows from the disposal of the asset or the group of assets after the end of the useful life. Previously recognised impairment losses are reversed when the reason for recognition no longer exists. Inventories are measured at cost in accordance with the FIFO method. Where the net realisable value is lower than cost, inventories are written down to this lower value. Goods for resale and raw materials and consumables are measured at cost, comprising purchase price plus delivery costs. Finished goods are measured at cost, comprising the cost of raw materials, consumables, direct wages and salaries. The net realisable value of inventories is determined as the selling price less costs of completion and costs incurred to effect the sale, taking into account marketability, obsolescence and developments in the expected selling price. Receivables are measured at amortised cost. The Company has chosen IAS 39 as interpretation for impairment write-down of financial receivables. Write-down for bad and doubtful debts is made when there is objective evidence that a receivable or a portfolio of receivables has been 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 country of domicile and credit ratings of the debtors in accordance with the credit risk management policy of the Company. 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 of the individual receivable or portfolio is used as discount rate. Proposed dividendsProposed dividend is recognised as a liability at the date when it is adopted at the annual general meeting (declaration date). Dividend expected to be distributed for the year is presented as a separate line item in equity. Proposed dividend is recognised as a liability at the date when it is adopted at the annual general meeting (declaration date). Dividend expected to be distributed for the year is presented as a separate line item in equity. Provisions comprise anticipated costs related to warranties. Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation. Provisions are measured at net realisable value or fair value. If the obligation is expected to be settled far into the future, the obligation is measured at fair value. Warranty commitments include expenses for remedial action in respect of the contract work within the warranty period of 1-5 years. Provisions for warranty commitments are measured at net realisable value and recognised based on past experience. Current tax payables and receivables are recognised in the balance sheet as the estimated income tax charge for the year, adjusted for prior-year taxes and tax paid on account.Deferred tax is measured according to the liability method on all temporary differences between the carrying amount and the tax base of assets and liabilities. However, deferred tax is not recognised on temporary differences relating to goodwill which is not deductible for tax purposes and on office premises and other items where temporary differences, apart from business combinations, arise at the date of acquisition without affecting either profit/loss for the year or taxable income. Where alternative tax rules can be applied to determine the tax base, deferred tax is measured based on Management's intended use of the asset or settlement of the liability, respectively.Deferred tax is measured according to the tax rules and at the tax rates applicable at the balance sheet date when the deferred tax is expected to crystallise as current tax. Deferred tax assets are recognised at the expected value of their utilisation; either as a set-off against tax on future income or as a set-off against deferred tax liabilities in the same legal tax entity. Changes in deferred tax due to changes in the tax rate are recognised in the income statement. The Company has chosen IAS 39 as interpretation for liabilities.Financial liabilities are recognised at the date of borrowing at the net proceeds received less transaction costs paid. On subsequent recognition, financial liabilities are measured at amortised cost, corresponding to the capitalised value, using the effective interest rate. Accordingly, the difference between the proceeds and the nominal value is recognised in the income statement over the term of the loan. Financial liabilities also include the capitalised residual lease liability in respect of finance leases.Other liabilities are measured at net realisable value. Prepayments from customers recorded as liabilities comprise payments from customers concerning subsequent financial years and accrual of revenue from term-based software licenses and service contracts, which are recognized on a straight-line basis over the contract period in accordance with the contract entered into. The licenses and contracts are sold with a duration of between 1-5 years. No events has occured after the balance sheet date that will have a material impact on the Company's financial position. Breakdown of revenue by geographical segment: Europe1,210,9551,226,353North America953,9171,057,001Rest of world716,931938,555 2,881,803 3,221,909 The auditor's fee is not stated with reference to §96.3 of the Danish Financial Statements Act. The fee is specified in the consolidated financial statements for 3Shape Holding A/S. 61674000 62923000 3578000 3732000 601000 630000 199000 208000 66052000 67493000 73 82 Of the total remuneration to Executive Management in 2025 amounting to 17,459 comprising DKK 10,998 thousand in short-term benefits DKK 6,020 thousand in termination benefits and DKK 441 thousand in share-based payment. In accordance with Danish Financial Statements Act § 98b section 3 nr. 2. remuneration to the Company's Executive Management is for 2024 not disclosed. Restricted stock units to employees - new programme introduced in 2025 In December 2025, 3Shape introduced a new Restricted Stock Unit (RSU) programme for selected employees in recognition of their continued contributions and performance. Under the programme, participants receive RSUs free of charge. Each RSU provides the right to receive one A share in 3Shape Holding A/S upon vesting. The number of outstanding share options granted to employees in 3Shape Trios A/S amount to 75. The vesting conditions, vesting period and exercise price are identical to the description in the annual report for 3Shape Holding A/S. Restricted stock units to employees - legacy programmes 3Shape Group has established a warrant program and a matching shares program for a small number of employees in the Group, including employees in 3Shape Trios A/S. A cost corresponding to the determined fair value of the warrants or matching shares are recognized as staff costs in the profit and loss on an accrual basis and is settled with the parent Company, 3Shape Holding A/S, on an ongoing basis. All shares are awarded in 3Shape Holding A/S. The share-based payment programmes have been described in the 2025 annual report for 3Shape Holding A/S to which reference is made for further details on the programmes The number of outstanding share options granted to employees in 3Shape Trios A/S amount to 96. The vesting conditions, vesting period and exercise price are identical to the description in the annual report for 3Shape Holding A/S. The value of share options granted to Management is described above together with management remuneration. The vesting conditions, vesting period and exercise price for share options granted to Management are identical to the description in the annual report for 3Shape Holding A/S. 7976000 8340000 7976000 8340000 2358000 4726000 13165000 15798000 7000 0 44000 0 67452000 0 16886000 28166000 -416000 -442000 0 -5000 100000000 100000000 -41554000 -1421000 41387000 43000 13730000 0 8618000 43000 46499000 0 18132000 0 7976000 0 3889000 0 22219000 0 24280000 0 50000 1168000 50000 1168000 The Company's share capital has remained DKK 1,100 thousand in the past year. 1100000 1100000 1100000 1100000 1100000 1100000 1100000 1100000 -1989000 -1547000 1669000 2737000 -4074000 -3384000 0 -1342000 Prepayments from customers recorded as liabilities comprise payments from customers concerning subsequent financial years and accrual of revenue from term-based software licenses and service contracts, which are recognized on a straight-line basis over the contract period in accordance with the contract entered into. The licenses and contracts are sold with a duration of between 1-5 years. No amounts fall due after 5 years. 4602000 2932000 Other accrued expenses primarily relate to employees' salary taxes, bonus- and vacation accruals. Other contingent liabilities The Company is jointly taxed with the rest of the danish entities in the 3Shape Group. 3Shape Holding A/S is the administration company, the Company has unlimited joint and several liability, together with the Group's Danish entities for payment of Danish corporation taxes and withholding taxes on dividends, interest and royalties within the joint taxation group. Parties exercising control Related partyDomicileBasis for control 3Shape Holding A/SCopenhagenParent Related party transactions 3Shape Trios A/S was engaged in the below related party transactions: DKK'00020252024Royalty paid1,763,1741,968,364Purchase of goods917,133450,438Sale of goods1,111,8941,321,105 Receivables from related parties230,789267,501Payables to related parties192,472150,653 Information on the remuneration to management Information on the remuneration to Management appears from note 5, "Staff costs".