Arla Foods Energy A/S

The Company's principal activities The Company owns and produces energy at six combined heat and power stations in connection with six of Arla Foods amba's factories. Development in activities and financial matters The Company's Income Statement of the financial year 1 January 2022 - 31 December 2022 shows a result of kDKK 573 and the Balance Sheet at 31 December 2022 a balance sheet total of kDKK 122.456 and an equity of kDKK 2.424. The activity has been on a stable level as customer demand for provided services have been in line with expectations. Uncertainty related to recognition and measurement In the annual report, there are no significant uncertainties in the calculations and measurements used. Environmental conditions The group continuously work to reduce the environmental impacts from it's value chain supported by the environmental policy and green ambition. Sustainbility is integrated as a key pillar in the overall strategy. A more detailed sustainability strategy including specific targets will guide Arla to reduce negative environmental impacts. Targets related to climate impact was approved by the science based target initiative. 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 The Company expects a positive result before tax between 400 and 800 kDKK for the coming year.

Environmental conditions The group continuously work to reduce the environmental impacts from it's value chain supported by the environmental policy and green ambition. Sustainbility is integrated as a key pillar in the overall strategy. A more detailed sustainability strategy including specific targets will guide Arla to reduce negative environmental impacts. Targets related to climate impact was approved by the science based target initiative. , Development in activities and financial matters The Company's Income Statement of the financial year 1 January 2022 - 31 December 2022 shows a result of kDKK 573 and the Balance Sheet at 31 December 2022 a balance sheet total of kDKK 122.456 and an equity of kDKK 2.424. The activity has been on a stable level as customer demand for provided services have been in line with expectations. , Uncertainty related to recognition and measurement In the annual report, there are no significant uncertainties in the calculations and measurements used.