To Nasdaq OMX Copenhagen A/S

Company announcement no. 565
November 20^th2024

OUTLOOK (ORIENTATION) 2025

Glunz & Jensen concluded with the outlook for the 2025 financial year. Glunz & Jensen announces the following outlook for the full 2025 financial year:

• Revenue for 2025 is expected to be around DKK 132 million (2024 outlook: DKK 135 million).

• EBITDA* for 2025 is expected at around DKK 15 million (2024 outlook: DKK 12).

• Profit* before tax for 2025 is expected at around DKK 8 million (2024 outlook: DKK 5 million).

*The outlook for EBITDA and Profit before tax is before any fair value adjustments on investment properties.

We forecast a turnover for 2025 in line with the turnover expected for 2024. The continued optimization of our operations and the improvement of the general organization will lead to an increase in profitability which is manifested by the positive evolution of EBITDA and profit before tax – compared to 2024. .

For more information please contact:

CEO Henrik Blegvad Funk: telephone +45 21 39 05 32

Chairman of the Board of Directors Flemming Nyenstad Enevoldsen: telephone +45 40 43 13 03