1 People A/S

The Company's principal activities The company produce and sell ethical and sustainable luxury fashion and lifestyle or related products within fashion, such as bags, watches, jewellery, clothing, care products and similar items. The company's purpose is to: show a new way of doing business. That business can have a bigger purpose than just for profit. Doing this through, A) contribute to an end of poverty, illiteracy and unworthy living conditions worldwide, by creating sustainable and persistent growth in developing countries, by providing jobs, education and investments. B) educate and invest in new entrepreneurs who are driven by social impact entrepreneurship. This is done directly through the Business for Planet programme where some of 1 People’s profit and resources are allocated to support the programme. C) make sure that all our decisions, all products we sell and produce are always aligned with a People and Planet centric approach. We are ethical and sustainable in all our operations. Development in the activities and the financial situation of the Company Development in activities and the financial situation The Company's Income Statement of the financial year 1 January 2022 - 31 December 2022 shows a result of DKK -1,456,544 and the Balance Sheet at 31 December 2022 a balance sheet total of DKK 28,809,565 and an equity of DKK 10,206,581. Post financial year events After the end of the financial year, no events have occurred which may change the financial position of the entity substantially. Expectations for the future 2022 has been a new record year. We have expanded our operations to new markets and have increased group revenue by 50%. More marketplaces and consignment based stores have been added to our distribution network and we have growth on all important key numbers. In June 2022 we closed our series A funding which has pushed the organization and sales to its next level. We are now more present in the USA which is a new market to us yet already important and with a huge potential. We will dedicate more resources to this new market to unlock its potential. 2022 has also been used to prepare for an even stronger growth of which we have already experienced in the two first quarters of 2023. Therefore we expect a lot from 2023 with new records for the most important key numbers as well as revenue.

Development in the activities and the financial situation of the Company Development in activities and the financial situation The Company's Income Statement of the financial year 1 January 2022 - 31 December 2022 shows a result of DKK -1,456,544 and the Balance Sheet at 31 December 2022 a balance sheet total of DKK 28,809,565 and an equity of DKK 10,206,581. , Development in activities and the financial situation The Company's Income Statement of the financial year 1 January 2022 - 31 December 2022 shows a result of DKK -1,456,544 and the Balance Sheet at 31 December 2022 a balance sheet total of DKK 28,809,565 and an equity of DKK 10,206,581.