Nine United Trading A/S

The Group's principal activities The Group's and Nine United Care A/S' principal activities consist of trading and related activities. Development in activities and the financial situation The Group's Income Statement for the financial year 1 January 2022 - 31 December 2022 shows a result of DKK -3,977,813 and the Balance Sheet of the Group at 31 December 2022 a balance sheet total of DKK 25,025,557 and an equity of DKK 11,151,814. The result of the financial year 1 January 2022 - 31 December 2022 is for the group as well as the company dissatisfactory but expected by management. Post financial year events The main activities of the Group and Nine United Care A/S is trading. As a result of change in strategy, the company will no longer focus on trading in personal protective equipment (PPE) and medical equipment, but will focus on other business areas where the company is already trading. The activities within PPE and medical equipment will be phased out in Q2 2023. Management expects the change in strategy to have a positive impact on the 2023 results. Beside this, no events have occurred after the end of the financial year, which may change the financial position of the Company substantially. Expectations for the next financial year For the financial year 2023, the company and group expect a considerable growth in results. Intellectual capital resources The most important resource of the company and group are employees. The group and company aim to improve and strengthen the physical, physcological and social work environment for all employees. This is achieved by actively engaging employees in all levels with the organisation. Special risks - business and financial risks Business risks The company and group are exponed to normal risks associated with the business of trading goods. Currency risks The group and company trade in several foreign currencies and therefore income, cash-flow and equity are affected by changes in interest- and exchange rates. Environment The company and group have enhanced focus on sustainbility and minimising the effect of it's activities on the environment. Research and development activities As the company and group's principal activities consist of trading, it does not undertake research and development activities.

Development in activities and the financial situation The Group's Income Statement for the financial year 1 January 2022 - 31 December 2022 shows a result of DKK -3,977,813 and the Balance Sheet of the Group at 31 December 2022 a balance sheet total of DKK 25,025,557 and an equity of DKK 11,151,814. The result of the financial year 1 January 2022 - 31 December 2022 is for the group as well as the company dissatisfactory but expected by management. , Development in activities and the financial situation The Group's Income Statement for the financial year 1 January 2022 - 31 December 2022 shows a result of DKK -3,977,813 and the Balance Sheet of the Group at 31 December 2022 a balance sheet total of DKK 25,025,557 and an equity of DKK 11,151,814. The result of the financial year 1 January 2022 - 31 December 2022 is for the group as well as the company dissatisfactory but expected by management.