Hospitality and leisure

“STRUKTURELL TILLVÄXT INOM MOBILE LIVING Underliggande globala marknadstrender främjar en långsiktig tillväxt för Dometic. Mobilitet, hållbarhet och friluftsliv är växande globala trender som skapar möjligheter till expansion. Globala tillväxttrender, som ökad användning av friluftsprodukter och inno - vation, har resulterat i en stadigt växande efterfrågan på Dometics tekniska lösningar för utomhus- och friluftsliv och skapat en grund för fortsatt lönsam tillväxt.”

Annual report 2024A · The company itself

“Den ökade fokuseringen på större projekt säkerställer att Dometic ägnar tid och resurser åt innovationer som verkligen gör skillnad på marknaden, samtidigt som det sker en kontinuerlig expansion till nya områden med särskilt fokus på fristående friluftsprodukter.”

Annual report 2024A · The company itself

“STYRNING AV HÅLLBARHET OCH DETALJERAD INFORMATION 129 Taxonomi 131 Redovisningsprinciper och definitioner 137 FINANSIELL KALENDER 2025 140 DOMETIC ÅRS- OCH HÅLLBARHETSREDOVISNING 2024 Nettoomsättning per försäljningskanal OEM (Original Equipment Manufacturer), 40% (43) Service & Aftermarket, 29% (28) Distribution 31% (29) 2024 (2023) Nettoomsättning per geografisk region Americas, 58% (58) EMEA, 33% (33) APAC, 9% (9) 2024 (2023) Nettoomsättning, miljarder kronor 24,6 Antal länder som produkter säljs i 100 EBITA-marginal 1) 2024, procent 10,8 Antal medarbetare över hela världen ~7 000 Dometic är ett globalt tech-friluftsbolag med en målsättning att underlätta ett mobilt liv: ”Make mobile living easy”.”

Annual report 2024A · The company itself

“Vår strategi lanserades 2019 och är baserad på tre huvudpelare Lönsam expansion inom Mobile Living – Med stöd av globala marknadstrender, som ökad efterfrågan på fritidsprodukter, kan vi använda våra kärn kompetenser och styrkor för att skapa försäljningstillväxt med förbättrade marginaler.”

Annual report 2024A · The company itself

“Branschens produktion av RV-fordon och båtar låg på den lägsta nivån på tio år och konsumenter fokuserade på att reparera utrustning i stället för att uppgradera eller byta ut produkter.”

Annual report 2024A · The company itself

“Den totala adresserbara marknaden för Dometic uppskattas till över 200 miljarder kronor.”

Annual report 2024A · The company itself

“Dometics totala adresserbara marknad uppgår till mer än 200 miljarder kronor, varav cirka 30 procent är marknader där Dometic varit verksamt sedan länge (RV, CPV och Marine) och där bolaget redan har en stark marknadsledande ställning. Dessa mark - nader har historiskt vuxit med 1–3 procent i genomsnitt per år, ibland med stora fluktua - tioner mellan åren.”

Annual report 2024A · The company itself

“Marknadstrender och nya innovationer skapar också möjlighe - ter för nya tillväxtområden inom de vertikala områdena Hospitality och Residential.”

Annual report 2024A · The company itself

“GLOBAL VENTURESMOBILE COOLING SOLUTIONS Produkter och lösningar för: Husbilar/husvagnar (RV, Recreational Vehicles), transportfordon och personbilar (CPV, Commercial and Passenger Vehicles), samt fristående friluftsprodukter.”

Annual report 2024A · The company itself

“OGV: Affärsområdena Residential och Hospitality globalt. nettoomsättning Andel av koncernens nettoomsättning Andel av koncernens nettoomsättning OEM Distribution OEM Distribution OEM Distribution OEM Distribution 25% 5%14% 23% 9%24% Under 2024 hade Dometic sex rapporterande segment: : Land Vehicles Americas, Land Vehicles emeA, Land Vehicles APAC, marine, mobile Cooling Solutions samt global Ventures.”

Annual report 2024A · The company itself

“Miljontals människor runt om i världen använder Dometics produkter när de campar och utforskar naturen med sina bilar, husbilar eller båtar. Produkterbjudandet inkluderar installerade produkter i landbaserade fordon samt i båtar, såväl som fristående produkter som används av friluftsentusiaster.”

Annual report 2024A · The company itself

“De sportslige resultater for F.C. København har indflydelse på antallet af solgte billetter til de respektive kampe”

Annual report 2025A · The company itself

“Hovedårsagen til det bedre resultat er F.C. Københavns kvalifikation til League Phase i UEFA Champions League.”

Annual report 2025A · The company itself

“2025 blev også året, hvor vi offentliggjorde vores ambition om at investere i Malmø-klubben FC Rosengård 1917’s Herre A-hold”

Annual report 2025A · The company itself

“F.C. København driver fodboldklubben F.C. København samt Parken og aktiviteter på og omkring stadion.”

Annual report 2025A · The company itself

“F.C.Københavns sportslige resultater har også betydning for størrelsen af præmiepenge, specielt ved deltagelse i de europæiske turneringer, herunder særligt League Phase i UEFA Champions League.”

Annual report 2025A · The company itself

“Omsætning fra Andre indtægter og Food & Beverage, konferencecenter m.v. kan henføres til segmenterne F.C.København og Lalandia.”

Annual report 2025A · The company itself

“Gaming competition is intense in most of the markets where our facilities are located, and may continue to increase as a result of, among other things, the expansion or improvement of facilities by existing market participants, the availability of additional licenses in a given jurisdiction, the entrance of new gaming participants into a market, increased internet gaming, sports betting, and trading on prediction markets, or legislative changes in various jurisdictions (including those relating to the foregoing). As competing properties and new markets are opened, our tenants’ businesses may be adversely impacted and as a result we may be negatively impacted.”

Annual report 2025A · The company itself

“We also have a growing array of real estate and financing partnerships with leading developers and operators in other experiential sectors, including Cabot, Cain, Canyon Ranch, Chelsea Piers, Great Wolf Resorts, Homefield, Kalahari Resorts and Lucky Strike Entertainment.”

Annual report 2025A · The company itself

“Risks Related to Our Business and Operations •We are and expect to continue to be significantly dependent on our tenants for substantially all of our revenues and, because our tenants are required to pay a significant portion of their cash flow from operations to us pursuant to, and subject to the terms and conditions of, our respective lease agreements and other agreements with them, an event that has a material adverse effect on any of our significant tenants could have a material adverse effect on us. •Financial difficulties experienced by any of our tenants, borrowers or guarantors, including their potential bankruptcy or insolvency, could result in defaults under, or requests to modify or terminate, their lease agreements, related guarantees or loan agreements, or otherwise have a material adverse effect on our business.”

Annual report 2025A · The company itself

“Our two largest tenants, Caesars and MGM, comprise approximately 74% of our total leasing revenues for the year ended December 31, 2025. Under our respective lease agreements with Caesars and MGM, they are obligated to pay us approximately $1.3 billion and $1.1 billion, respectively, in estimated annual lease payments for 2026.”

Annual report 2025A · The company itself

“We believe that the significant majority of the markets we serve are for the replacement of existing products, and residential water heater replacement volume has been strong. In recent years, businesses and commercial spaces have experienced and may experience in the future, fluctuation in demand and in occupancy that may reduce demand for our products, and commercial sectors, such as the restaurant and hospitality industries in which we have customers, may experience long-term shifts in consumer behavior which could negatively impact demand or capacity.”

Annual report 2025A · The company itself

“Our residential and commercial boilers range in size from 45,000 British Thermal Units (BTUs) to 6.0 million BTUs. Boilers are closed loop water heating systems used primarily for space heating or hydronic heating. Our boilers are primarily used in applications in commercial settings for hospitals, schools, hotels and other large commercial buildings while residential boilers are used in homes, apartments and condominiums.”

Annual report 2025A · The company itself

“In our North America segment, we also manufacture expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts.”

Annual report 2025A · The company itself

“Typical applications for our water treatment products include residences, restaurants, schools and offices.”

Annual report 2025A · The company itself

“ACTICS ERBJUDANDE Finansiella rapporter Marknad & Startegi För Actic är det viktigt att ha ett brett erbjudande som är inspirerande för alla träningsbehov vilket tilltalar en stor kundgrupp och möter efterfrågan i de små och medelstora städerna.”

Annual report 2024A · The company itself

“We sell a wide range of security and access control solutions for end-users in commercial, institutional and residential facilities worldwide, including education, healthcare, government, hospitality, retail, commercial office and single and multi-family residential markets.”

Annual report 2025A · The company itself

“Risks related to customers and consumer demand The customers in Anora’s market areas include Nordic retail monopolies, wholesalers who sell alcohol, restaurants, retail stores, travel retail, international wine and spirits companies and importers operating in the export markets.”

Annual report 2025A · The company itself

“Anora’s business model generates outputs across three core segments: • The Wine segment: Includes partner wines and Anora’s own-label wines, which are developed, imported, packaged, marketed, and sold primarily in the Nordic retail monopoly and Horeca markets, Denmark, and the Baltic countries. • The Spirits segment: Comprises Anora’s own spirits brands and partner brands, distributed through the Nordic retail monopoly and Horeca markets, Denmark, the Baltics, global duty-free and travel retail channels, and export markets.”

Annual report 2025A · The company itself

“Volatility and general economic trends are also likely to impact the performance of portfolio companies in many industries, particularly industries that are more affected by changes in consumer demand, such as the packaging, manufacturing, chemical and refining industries, as well as the travel and leisure, gaming and real estate industries.”

Annual report 2025A · The company itself

“We also face competition for advertising spending from game platforms such as personal computer and console games, and other leisure time activities, such as television, movies, music, sports, and the internet.”

Annual report 2025A · The company itself

“Customers include bakeries, other food industry, retail and restaurant services.”

Annual report 2025A · The company itself

“Sales and Marketing The Group has positioned itself over the last decade with strong relationships with retailers, food service players, distributors, and other selected partners.”

Annual report 2024A · The company itself

“Myynti vähittäiskauppaan ja Foodservice-asiakkaille on kehittynyt myönteisesti.”

Annual report 2025A · The company itself

“We also offer a unique blend of design, sonic experiences and magic elements in hospitality solutions and luxury installations worldwide.”

Annual report 2026A · The company itself

“Beijer Refs produkter består främst av kyl- och luftkonditioneringsaggregat, värmepumpar, komponenter samt reservdelar som återfinns i olika sorters byggnader. Slutkunden kan till exempel vara en restaurang eller livsmedelsbutik med kyl- och frysutrustning eller ägare av bostäder och kontor som behöver en klimatanläggning.”

Annual report 2024A · The company itself

“The Foodservice Technologies group manufactures beverage dispensing and cooling equipment, hot and cold food preparation and holding equipment and related products for restaurants, global brand owners and other foodservice providers. Operations are based in the U.S. with manufacturing facilities in the U.S., Mexico, China, the Czech Republic and Italy. Products are sold primarily throughout the U.S., Europe and Asia.”

Annual report unknown yearA · The company itself

“The restaurant distribution unit services approximately 35,300 restaurants nationwide.”

Annual report unknown yearA · The company itself

“International Dairy Queen Inc. develops and services a worldwide system of approximately 7,800 franchised restaurants operating primarily under the names DQ Grill and Chill®, Dairy Queen®, DQ® and Orange Julius® that offer various dairy desserts, beverages, prepared foods and blended fruit drinks.”

Annual report unknown yearA · The company itself

“The combined Nevada Power/Sierra Pacific service territory economy includes retail customers in the gaming, mining, recreation, warehousing, manufacturing and governmental service centers sectors.”

Annual report unknown yearA · The company itself

“FOL also markets and sells athletic apparel and sports equipment to team dealers and to sporting goods retailers under the Russell Athletic® and Spalding® brands.”

Annual report unknown yearA · The company itself

“(“McLane”) provides wholesale distribution services in all 50 states to customers that include convenience stores, discount retailers, wholesale clubs, drug stores, military bases, quick service restaurants and casual dining restaurants.”

Annual report unknown yearA · The company itself

“Square Ecosystem We started Block with the Square ecosystem in February 2009 to enable businesses to accept card payments, a critical capability that had previously been inaccessible to many businesses. As our company grew, we recognized that sellers need a broad set of integrated solutions to operate efficiently and competitively.”

Annual report 2025A · The company itself

“Cash App has a dedicated sales team focused on products like BNPL, Monthly Payment Solution, Cash App Pay, and other new and emerging products. This team builds relationships with several of the largest and most well known merchants in the US and relevant international markets for BNPL.”

Annual report 2025A · The company itself

“OpenTable is a leading brand for booking online restaurant reservations. Headquartered in San Francisco, California, OpenTable provides online restaurant reservation services to consumers and reservation management services to restaurants, primarily in the United States.”

Annual report 2025A · The company itself

“The products are used across multiple industries for a wide range of applications, including sectors such as feed and agriculture, construction and building materials, food and pharmaceuticals, home and personal care, batteries, biofuel and several other industries.”

Annual report 2024A · The company itself

“Kompletterande kommersiella fastigheter är typiskt livsmedelsbutiker, apotek, restauranger och caféer samt vårt lagerkoncept, Bolagret, som adderar till levande kvarter och ger service i närområdet.”

Annual report 2024A · The company itself

“Commercial Lines: Specific industries and market niches are served by our commercial programs including automotive aftermarket, professional and amateur sports, special events and the entertainment industry; commercial transportation and trucking; forestry; manufactured 6 housing; and workers’ compensation.”

Annual report 2025A · The company itself

“Alla ska ha möjlighet till en fungerande hjärtstartare En hjärtstartare kostar mellan 10 000 och 20 000 kronor, och kunderna kan vara allt från arbetsplatser, idrottsklubbar, bostadsrättsföreningar till restauranger – eller privatpersoner. Safe Lifes hyres- och servicemodell gör det möjligt att ha en hjärtstartare på plats till en lägre kostnad, samt att kunden kan fokusera på sin kärnverksamhet med vetskapen om att de kommer ha en hjärtstartare redo för användning vid ett plötsligt hjärtstopp på arbetsplatsen.”

Annual report 2024A · The company itself

“Our sourcing customer base includes grocery retailers, restaurants, foodservice distributors, and produce wholesalers.”

Annual report 2025A · The company itself

“Our customers range from small ontrade outlets to large retail accounts.”

Annual report 2025A · The company itself

“Stores located in more heavily populated communities may compete with local and national grocery and drug store chains, quick service restaurants, expanded fuel stations, supermarkets, discount food stores, and traditional convenience stores.”

Annual report 2026A · The company itself

“Det gör vi även med Kyl- och Frysexpressen i Sundsvall, där vi färdigställt en helt ny terminal med kyl- och fryslager under året.”

Annual report 2024A · The company itself

“The company sold 100 apartments, with another 2 reserved and 3 still available. ƒ For the ground-floor retail space of the Moje Bielany project, CeMat has entered into lease agreements with Jeronimo Martins Polska S.A.(Biedronka supermarket) and Maxi Zoo.”

Annual report 2025A · The company itself

“Typical businesses covered include contractors, manufacturers, real estate owners and managers, retail, consultants, and bars or taverns.”

Annual report 2025A · The company itself

“Commercial Real Estate provides financing for projects primarily in the multifamily, office, industrial, retail, healthcare, and hospitality sectors.”

Annual report 2025A · The company itself

“Exempelvis biografer, bygghandel, flygplatser och arenor.”

Annual report 2024A · The company itself

“Pet Nutrition products are sold by authorized pet supply retailers, veterinarians and eCommerce retailers.”

Annual report 2025A · The company itself

“We deliver broadband, wireless, video and voice services primarily under the Xfinity, Comcast Business, Sky and NOW brands; produce, distribute and stream leading entertainment, sports and news through brands including NBC, Telemundo, Universal, Peacock and Sky; and own and operate Universal theme parks.”

Annual report 2025A · The company itself

“Erityisesti muutosrakentamiselle on yhä enemmän tarvetta työskentelytapojen ja vähittäiskaupan muutosten vuoksi.”

Annual report 2025A · The company itself

“FULLSERVICEFASTIGHETER Corems fullservicefastigheter erbjuder affärsstödjande tjänster som underlättar hyresgästens verksamhet såsom reception och konferens faciliteter, loungeytor, café, restaurang och catering. För dem som har sin arbetsplats i huset finns även tjänster som förenklar att få ihop arbetsdagen och vardagen. Vanliga tjänster inkluderar gym, cykelgarage, omklädningsrum, kemtvätt, och i vissa fall även pool.”

Annual report 2024A · The company itself

“Our failure to drive both short-term and long-term profitable sales growth through brand relevance, operating excellence, opening new restaurants of existing brands, and acquiring new restaurant brands could result in poor financial performance.”

Annual report 2026A · The company itself

“BUSINESS Introduction Darden Restaurants, Inc. (“Darden,” the “Company,” “we,” “us,” or “our”) is a full-service restaurant company, and as of May 31, 2026, we owned and operated 2,202 restaurants through subsidiaries in the United States under the Olive Garden®, LongHorn Steakhouse®, Yard House®, Ruth’s Chris Steak House® (“Ruth’s Chris”), Cheddar’s Scratch Kitchen®, The Capital Grille®, Chuy’s®, Seasons 52®, Eddie V’s Prime Seafood® (“Eddie V’s”), Bahama Breeze®, and The Capital Burger® trademarks.”

Annual report 2026A · The company itself

“Restaurant Brands Olive Garden Olive Garden is an internally-developed brand and is the largest full-service dining Italian restaurant operator in the United States. Olive Garden offers a variety of Italian foods featuring fresh ingredients presented simply with a focus on flavor and quality and a selection of imported Italian wines.”

Annual report 2026A · The company itself

“Yard House Yard House is a full-service restaurant brand operating in metropolitan areas across the United States and is known for great food, classic rock, and over 100 draft beer offerings. The American menu includes more than 100 chef-driven items with a wide range of appetizers, burgers and steaks, street tacos, salads, sandwiches, and a generous selection of vegetarian dishes.”

Annual report 2026A · The company itself

“Ruth’s Chris Ruth’s Chris is one of the largest fine dining steakhouse restaurant brands in the world. The menu features a broad selection of high-quality USDA Prime and Choice grade steaks and other premium offerings served in Ruth’s Chris’ signature fashion —“sizzling”— complemented by other traditional menu items inspired by its New Orleans heritage.”

Annual report 2026A · The company itself

“Cheddar’s Scratch Kitchen Cheddar’s Scratch Kitchen is a full-service restaurant brand operating primarily in Texas and throughout the southern, mid-western, and mid-Atlantic regions of the United States. The casual dining menu features modern classics and American favorites, cooked from scratch.”

Annual report 2026A · The company itself

“The Capital Grille The Capital Grille is a fine dining restaurant brand with locations primarily in major metropolitan cities in the United States featuring relaxed elegance and style. The Capital Grille opened its first restaurant in 1990, and we acquired The Capital Grille in October 2007 as part of the RARE acquisition.”

Annual report 2026A · The company itself

“Chuy’s Chuy’s is a full-service restaurant brand offering a distinct menu of authentic, freshly-prepared Mexican and Tex-Mex inspired food. The restaurants have common décor, but each location is unique in format, offering an “unchained” look and feel, as expressed by the motto “If you’ve seen one Chuy’s, you’ve seen one Chuy’s!””

Annual report 2026A · The company itself

“Seasons 52 Seasons 52 is an internally developed full-service restaurant brand with a casually sophisticated, fresh grill and wine bar that offers a seasonally changing menu with all items under 595 calories. The menu includes an international collection of wines, along with exceptional signature handcrafted cocktails.”

Annual report 2026A · The company itself

“Eddie V’s Eddie V’s is a fine dining restaurant brand with locations in major metropolitan cities in the United States, with a sophisticated and contemporary ambiance, featuring live music nightly in the V Lounge. Dishes are artistically prepared and feature seasonal seafood and critically acclaimed prime steaks, hand cut and broiled to perfection.”

Annual report 2026A · The company itself

“Bahama Breeze Bahama Breeze is an internally developed full-service restaurant brand operating primarily in the eastern United States that offers guests the feeling of a Caribbean escape, with food, drinks, and atmosphere found in the islands. The menu features distinctive, Caribbean-inspired fresh seafood, chicken, and steaks as well as handcrafted tropical cocktails.”

Annual report 2026A · The company itself

“The Capital Burger The Capital Burger is an internally created, development-stage full-service restaurant concept with locations primarily in major metropolitan cities in the United States that offers guests a luxe burger experience. The Capital Burger opened its first restaurant in 2018.”

Annual report 2026A · The company itself

“Franchises, Joint Ventures, and New Business Development As of May 31, 2026, we owned and operated 2,202 restaurants through subsidiaries in the United States.”

Annual report 2026A · The company itself

“The full-service dining sector of the restaurant industry is intensely competitive with respect to pricing, service, location, personnel, take-out and delivery options, and type and quality of food, and there are many well-established competitors.”

Annual report 2026A · The company itself

“This includes revenues from our MRO business and our vacation package operations.”

Annual report 2025A · The company itself

“En tredjedel av våra hyresintäkter kommer från skattefinansierad verksamhet och drygt hälften av de totala hyresintäkterna kommer från kontor.”

Annual report 2024A · The company itself

“Våra fastigheter fylls med en blandning av moderna kontor, butiker, restauranger och annan samhällsservice och även nya bostäder.”

Annual report 2024A · The company itself

“Vi investerar i centralt belägna fastigheter med ett blandat innehåll. Butiker och andra tjänster placeras på gatuplan, kontor på våningarna ovanför och där det passar kompletteras fastigheterna med bostäder högst upp.”

Annual report 2024A · The company itself

“Butik, restaurang och annan samhällsservice Inspirerande städer erbjuder en bra balans mellan arbete och fritid för dem som bor och arbetar där. Det innebär att mötesplatser och andra tjänster, som butiker, gym, caféer, restauranger, paketutlämning och frisörer behöver finnas nära till hands.”

Annual report 2024A · The company itself

“Our U.S. stores segment is comprised primarily of our franchise operations, which consisted of 6,924 franchised stores located in the U.S. as of December 28, 2025. We also owned and operated a network of 262 U.S. Company-owned stores, for a total U.S. store count of 7,186 as of December 28, 2025.”

Annual report 2025A · The company itself

“International Franchise During 2025, our international franchise segment accounted for $338.7 million, or 6.9%, of our consolidated revenues. This segment is comprised of a network of franchised stores in over 90 international markets. As of December 28, 2025, we had 14,956 international franchised stores.”

Annual report 2025A · The company itself

“Businesses supplying the defense, commercial refrigeration and can-making industries tend to deal with a few large customers that are significant within those industries.”

Annual report 2025A · The company itself

“Our Climate & Sustainability Technologies segment is a provider of innovative and energy-efficient equipment, components, solutions, services and parts for the commercial refrigeration, heating and cooling and beverage can-making equipment end-markets.”

Annual report 2025A · The company itself

“Grunden ligger i att alltid kunna erbjuda de bästa lösningarna baserat på de makro trender som påverkar HoReCa -sektorn. De tre viktigaste idag är: • Den växande globala medelklassen, som förväntas öka med 33 procent mellan 2020 och 2030, särskilt i Asien–Stillahavsområdet, och vars köpkraft och konsumtion förutspås öka. • Förändrade konsumentbeteenden med fokus på hållbarhet, men även design, bekvämlighet och individualisering spelar en viktig roll i kombination med allt hårdare lagstiftning.”

Annual report 2024A · The company itself

“Affärsstrategin tar sin utgångspunkt i vår starka marknadspositionering som hållbarhetsleverantör till HoReCa- marknaden (Hotell, Restaurang och Catering).”

Annual report 2024A · The company itself

“Institutional ​ Institutional provides specialized cleaners and sanitizers, infection prevention solutions, food safety products and equipment, and a range of other products and programs to hospitality and healthcare institutions. Institutional sells specialized cleaners and sanitizers for washing dishes, glassware, flatware, foodservice utensils and kitchen equipment (“warewashing”), plus specialized cleaners for various applications throughout foodservice operations, on-premise laundries (typically used by hotel and healthcare customers) and general housekeeping functions.”

Annual report 2025A · The company itself

“Sales of warewashing products were approximately 13% of consolidated net sales in 2025 and 12% in 2024 and 2023.”

Annual report 2025A · The company itself

“Specialty ​ Specialty supplies cleaning and sanitizing products and related items primarily to regional, national and international quick service restaurant (“QSR”) chains and food retailers (i.e., supermarkets and grocery stores).”

Annual report 2025A · The company itself

“Economic downturns, and in particular downturns in our larger markets, including the foodservice, hospitality, travel, health care, food processing, refining, pulp and paper, mining and steel industries, can adversely impact our customers, and we may find it difficult to restore margins by maintaining pricing due to easing inflation from slowing economic growth.”

Annual report 2025A · The company itself

“At an operating segment level, Institutional organic sales increased 3% in 2025 reflecting sales growth to hospitality customers partially offset by modestly lower sales to hospitals.”

Annual report 2025A · The company itself

“Organic sales increased in 2024 reflecting sales growth across restaurants and lodging.”

Annual report 2025A · The company itself

“Organic sales for Global Pest Elimination increased in both 2025 and 2024 when compared to prior periods led by growth in food & beverage and restaurants.”

Annual report 2025A · The company itself

“S3-4 Taking action on material impacts on affected communities, and approaches to managing material risks and pursuing material opportunities related to affected communities, and effectiveness of those actions Alleviating labour shortages and mismatches and promoting integration Eezy serves many sectors suffering from labour shortages (e.g. retail, horeca, etc.) or where specific skills are needed. Eezy Staffing Services alleviates labor shortages and mismatches by recruiting workers needed by its clients in various industries nationwide.”

Annual report 2025A · The company itself

“Cartons Elopak develops and supplies fiber-based packaging under the following product brands: Pure-Pak ® cartons for chilled and ambient liquid food Roll Fed packaging material for ambient liquid food D-PAK™ cartons for non-food products for personal and home care Elopak has a diverse shelf-life portfolio, where the shelf-life varies depending on the customers process, filling, and cooling chain.”

Annual report 2024A · The company itself

“Som hem för några av de mest ikoniska livespelen har EG7 ett ansvar gentemot de spelgemenskaper som vi förvaltar.”

Annual report 2024A · The company itself

“Inom Professional Hygiene bidrar en uppgradering av behållaren Tork Xpressnap® Café i Latinamerika till minskad förbrukning av servetter och kortare påfyllningstid. Tork bygger också vidare på sin unika kompressionsteknologi för pappershanddukar med ett nytt sortiment av komprimerade vikta pappershanddukar vilka fördubblar kapaciteten hos en liten behållare och sparar plats både under transport och förvaring.”

Annual report 2024A · The company itself

“IAC Affärsområden | Consumer Goods Inledning Essity-aktien Strategi Affärsområden Våra affärsområden Health & Medical Consumer Goods Professional Hygiene Koncernen Hållbarhetsrapport Bolagsstyrningsrapport Finansiella rapporter inklusive noter Övrig information Affärsområdet Professional Hygiene omfattar produkter och lösningar inom Tissue, Wiping, Cleaning, Soap, Sanitizers och dispensersystem samt utvalda tjänster. Dessa säljs till företag för användning på kontor, universitet, vårdinstitutioner, industrier, flygplatser, restauranger, hotell, arenor och andra offentliga mötesplatser – via distributörer, e-handel eller direkt till slutkund.”

Annual report 2024A · The company itself

“Tissue, Services & Solutions Inom Tissue, Services & Solutions erbjuder Essity toalettpapper, pappershanddukar, pappersservetter, återanvändbara torkdukar, behållare, service och underhåll samt digitala lösningar med sensorteknik som Tork Vision Cleaning, datadriven städning.”

Annual report 2024A · The company itself

“Actimoves Leukotape® tillhandahåller marknadsledande produkter som är lämpliga för användning inom sport, både av amatörer och lekmän, men även av professionella idrottare.”

Annual report 2024A · The company itself

“Efterfrågan på butikslokaler ökade jämfört med förra året och ett stort intresse har även märkts från restaurangverksamhet.”

Annual report 2024A · The company itself

“Our comparable property growth is primarily driven by increases in rental rates on new leases and lease renewals, changes in portfolio occupancy, and the redevelopment of those assets. Over the long-term, the infill nature and strong demographics of our properties provide a strategic advantage allowing us to maintain relatively high occupancy and generally increase rental rates. We continue to experience strong demand for our commercial space as evidenced by the 2.3 million square feet of comparable space leasing we've completed in 2025, and the 2.0% spread between our leased rate of 96.1% and our occupied rate of 94.1%.”

Annual report 2025A · The company itself

“The business concept of Fenix Outdoor is to develop and market high-quality, durable outdoor products through a selected retail network with a high level of service and professionalism, to end users with high expectations.”

Annual report 2024A · The company itself

“Motivated by his ambition to make outdoor recreation easier, more comfortable and more inclusive, he developed a business that continues to grow today. Fjällräven’s suc - cessful history rests on a series of highly innovative products that are bestsellers to this day, including the Expedition Down Jacket, the Greenland Jacket, the Kånken backpack and the Bergtagen range of mountain apparel and equipment.”

Annual report 2024A · The company itself

“Important new initiatives and launches will bring Fjällräven top-of-mind for nature en - thusiasts and those new to nature at multiple times during the year. e launch of our new product family Hoja – cycling equip - ment for the long ride – introduces a new area of expertise and energy for the brand, oer - ing high-quality, multifunctional products custom-made for bikepacking and gravel rid - ing with a contemporary “saddle-to-table” approach.”

Annual report 2024A · The company itself

“Tierra specializes in technical outdoor apparel for challenging mountain environments.”

Annual report 2024A · The company itself

“On September 4, 2025, the Company acquired CardFree Inc. (“CardFree”), an all-in-one platform delivering integrated order, payment and loyalty solutions for merchants. CardFree is included within the Merchant segment and further expands the capabilities of the Company’s Clover platform across the hospitality, restaurant and lodging industries.”

Annual report 2025A · The company itself

“Gabriel skal være den foretrukne udviklingspartner og leverandør til udvalgte internationalt markedsledende producenter og storbrugere af polstermøbler, sæder og polstrede flader.”

Annual report 2025A · The company itself

“The profitability and success of our conferences and other meetings are subject to external factors beyond our control. The market for desirable dates and locations for our activities has historically been highly competitive. If we cannot secure desirable dates and suitable venues for our conferences the profitability for these conferences will suffer, and our financial position and results of operations may be adversely affected.”

Annual report 2025A · The company itself

“Our light-commercial standby generators and related transfer switches include a full range of affordable systems from 22kW to 150kW, providing three-phase power sufficient for most small and mid-sized businesses such as grocery stores, convenience stores, restaurants, gas stations, pharmacies, retail banks, smaller health care facilities, and other small-footprint retail applications. Our light-commercial generators predominantly run on natural gas and liquid propane.”

Annual report 2025A · The company itself

“This includes data centers, telecommunication, retail, banking, energy, healthcare, convenience stores, grocery stores, restaurants, governments, and other commercial & industrial applications.”

Annual report 2025A · The company itself

“Consumers may also reduce the amount of food that they consume away from home at customers that purchase products from our North America Foodservice segment.”

Annual report 2026A · The company itself

“INTERNATIONAL SEGMENT Our International operating segment consists of retail and foodservice businesses outside of the United States and Canada. Our product categories include super-premium ice cream and frozen desserts, meal kits, salty snacks, snack bars, dessert and baking mixes, shelfstable vegetables, and pet food products.”

Annual report 2026A · The company itself

“Our major product categories in our North America Foodservice operating segment are ready-to-eat cereals, snacks, frozen meals, unbaked and fully baked frozen dough products, baking mixes, and bakery flour. Many products we sell are branded to the consumer and nearly all are branded to our customers. We sell to distributors and operators in many customer channels including foodservice, vending, and supermarket bakeries.”

Annual report 2026A · The company itself

“Our secondary customer segments include retail chains that are tenants in our properties and ordinary renters.”

Annual report 2025A · The company itself

“According to stock exchange announcement no. 283 of November 20, 2025, the property Ørbækvej 232, Odense, was acquired for EUR 3,358,000 (DKK 25,050,000) excluding acquisition costs, with transfer of ownership effective as of 31 December 2025. The property is leased to Burger King (Nordic Service Partners A/S) under a non-terminable lease agreement running until 1 October 2036, providing an annual net rental income of approximately EUR 215,000 (DKK 1,600,000).”

Annual report 2025A · The company itself

“The American Income Life Division is an exclusive agency that markets to members of labor unions and other affinity groups and continues to diversify its lead sources by utilizing internally generated leads, third-party internet vendor leads and referrals to facilitate sustainable growth.”

Annual report 2025A · The company itself

“In 75 years, Harvia has evolved from a Finnish heater workshop in 1950s into the global sauna market leader. Following the 1980s entry into electric heaters, 1990s export expansion, and a strategic shift to full sauna solutions in the 2000s, Harvia now has a comprehensive portfolio encompassing all sauna types, serving consumers and professionals alike.”

Annual report 2025A · The company itself

“Today, Harvia oers a comprehensive ecosystem of products for all sauna types, from heaters and their components to full-scale sauna solutions.”

Annual report 2025A · The company itself

“Read more Executing strategic focus areas in 2025 Harvia seeks to make sauna a broader experience, oering a complete portfolio of all sauna types, cold plunges, hot tubs, and other sauna related extensions, and constantly bringing new, exciting innovations to the market.”

Annual report 2025A · The company itself

“The region also has a sizeable infrared and steam sauna market.”

Annual report 2025A · The company itself

“Harvia’s largest product group is heating equipment, which equals 54% of Harvia’s total revenue.”

Annual report 2025A · The company itself

“Harvia’s leading market position, strong brands, and business model create a solid foundation for the company to lead the sauna market also in the future – demonstrating growth, strong margins, and increasing dividends. • Harvia’s business model is very capital ecient due to typically low investment needs as well as ecient and flexible production processes. • Harvia demonstrates robust operational eciency, supported by unified processes and modern production facilities. • Key elements in ecient operations include advanced sales & operations planning, global sourcing strategy, automating operations, as well as agile transportation network. • Sustainability across the supply chain is one of the key focus areas. • Harvia serves a large and diverse customer base in nearly 100 countries, including sauna specialist stores, retail stores, wholesalers, sauna integrators and sauna builders, DIY chains as well as renovation and construction companies.”

Annual report 2025A · The company itself

“•Location-Based Entertainment: Location-based entertainment focuses on licensing our brands across multiple verticals, including, but not limited to, theme parks, water parks, hotels and resorts, family entertainment centers, retail, dining and entertainment, shows, exhibits and exhibitions such as TRANSFORMERS at multiple Universal Studios theme parks, seven Peppa Pig Theme Parks and several Peppa Pig World of Play experiences with Merlin Entertainment, and Hasbro City, a Hasbro-themed family entertainment center located in Paseo Interlomas, Mexico featuring thrilling theme park rides and experiences, live shows, food and beverage options and the region's first Hasbro-themed retail location.”

Annual report 2025A · The company itself

“Principal Customers and Marketing Strategy Our customers are mainly wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores.”

Annual report 2025A · The company itself

“The ownership segment primarily derives revenues from nightly hotel room sales, food and beverage sales and other services at our consolidated hotels.”

Annual report 2025A · The company itself

“HKFoods sai vuonna 2025 päätökseen yhtiön strategiset investoinnit Vantaan ja Euran tuotantoyksiköissä. Investoinnit mahdollistavat kasvun aterioissa, ateriakomponenteissa ja välipaloissa, mikä nostaa jalostusarvoa ja parantaa kannattavuutta.”

Annual report 2025A · The company itself

“Syyskuussa 2024 HKFoods päätti merkittävästä, noin viiden miljoonan euron strategisesta investoinnista Vantaan yksikkönsä ateriatuotantoon. Tuotteiden valmistus Vantaan uudella ateriatuotantolinjalla käynnistyi vuoden 2025 kolmannella neljänneksellä. Vantaan investoinnilla vastataan valmisaterioiden kasvavaan kysyntään vähittäiskaupassa ja food service -sektorilla.”

Annual report 2025A · The company itself

“HKFoodsin food service -myynti kasvoi ja markkina-asema vahvistui onnistuneiden kaupallisten toimenpiteiden sekä kattavan tuotevalikoiman ansiosta siitä huolimatta, että food service -markkinan kokonaiskysyntä heikkeni vuonna 2025.”

Annual report 2025A · The company itself

“Vuonna 2025 HKFoodsin myyntikanavista vähittäiskaupan osuus oli 63 (63) prosenttia, food servicen osuus 19 (18) prosenttia, teollisuusmyynnin osuus 4 (6) prosenttia ja viennin 14 (13) prosenttia.”

Annual report 2025A · The company itself

“Loppukäyttäjinä ovat myös food service -asiakkaiden edelleen myymien ja tarjoamien tuotteiden käyttäjät mm. ravintoloissa, huoltoasemilla ja kouluissa.”

Annual report 2025A · The company itself

“HKFoods Finland Oy tukee suurkeittiöasiakkaidensa sekä julkisen puolen että henkilöstöravintoloiden ruokalistasuunnittelua, jotta asiakkailla on mahdollisuus valita helpommin terveellisempiä vaihtoehtoja. • Kokolihaleikkeiden suolan vähentäminen: Yhtiö kehitti vuoden 2025 aikana yhteensä 13 tunnetuimman HK®-brändin kokolihaleikkeletuotetta vähentämällä niistä 25 prosenttia suolaa Makusuolan avulla.”

Annual report 2025A · The company itself

“Sen asiakkaita ovat vähittäiskauppa-, food service-, teollisuus- ja vientisektorit.”

Annual report 2025A · The company itself

“Foodservice The Foodservice segment consists primarily of the processing, marketing, and sale of food products to distributors and operators across a wide range of providers of food away from home, including restaurants, hospitality, healthcare, K-12, college and universities, and convenience stores in the U.S.”

Annual report 2025A · The company itself

“Net Sales $ 1,088,192 $ 1,046,008 4.0 $ 3,941,795 $ 3,845,118 2.5 Organic Net Sales 1,088,192 1,022,157 6.5 3,941,795 3,737,476 5.5 Segment Profit 134,404 154,340 (12.9) 554,574 596,292 (7.0) Organic net sales growth continued to be broad-based in the Foodservice segment in the fourth quarter of fiscal 2025, with significant contributions from the customized solutions business, branded bacon offerings, branded pepperoni, premium prepared proteins, and the Jennie-O® turkey portfolio, while organic volume was flat.”

Annual report 2025A · The company itself

“Revenues earned at our hotels consist of three broad categories: rooms, food and beverage, and other revenues. While approximately 60% of our hotel revenues in 2025 were generated from rooms sales, the majority of our properties feature a variety of amenities that help drive demand and profitability. Our hotels typically include meeting and banquet facilities, a variety of restaurants and lounges, swimming pools, exercise facilities and/or spas, gift shops and parking facilities, the combination of which enable them to serve business, leisure and group travelers.”

Annual report 2025A · The company itself

“In addition, the majority of our hotels are classified as luxury or upper upscale and generally target business and high-end leisure travelers.”

Annual report 2025A · The company itself

“Restauranger hade också ett tufft år. Människor fortsatte att gå ut för att äta och umgås men snittnotan var lägre än i goda tider.”

Annual report 2024A · The company itself

“Inom affärsområdet finns även några av Stockholms främsta restauranger och caféer som Eataly, Misshumasshu, Pas D’Art, Prinsen, Sempre och Vau De Ville. Restaurangerna skapar mötesplatser, bidrar till en levande stadsmiljö och ökar områdets attraktivitet.”

Annual report 2024A · The company itself

“Huhtamaki’s customer base is varied, and contains among others food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers and retailers, as well as customers in the home and personal care, industrial, FMCG, and healthcare segments.”

Annual report 2025A · The company itself

“Within the downstream value chain, the majority of Huhtamaki’s products serve the needs of food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers and retailers, as well as customers in the home and personal care, industrial, FMCG, and healthcare segments.”

Annual report 2025A · The company itself

“This segment primarily serves the food service, food retail and food institutional/restaurant markets.”

Annual report 2025A · The company itself

“EN STARK OCH HÅLLBAR PORTFÖLJ  NOTERADE BOLAG Electrolux Professional www.electroluxprofessional.com En global ledare inom lösningar för professionella användare inom livsmedel, dryck och tvätt.”

Annual report 2022A · The company itself

“Core services 42% Cleaning 24% Technical 15% Food 19% Other”

Annual report 2025A · The company itself

“Övriga kundgrupper omfattar apotek, hälsa & skönhet, konsumentelektronik, sport och fritid, drivmedelsstationer, hotell, kontor, varumärken, industri, kaféer och restauranger.”

Annual report 2024A · The company itself

“ har budt på en god fremvisningsaktivitet, hvor Jeudans muligheder for at møde kundernes forventninger med fleksible vilkår uden binding og med mulighed for med kort frist at flye internt i Jeudan har ha en positiv effekt. Et højt serviceniveau, centralt beliggende kontorlokaler, gode parkeringsmuligheder og fleksible kontrakter uden binding og en kapitalstærk dansk udlejer står fortsat højt på kundernes ønskeliste.”

Annual report 2025A · The company itself

“Food & Beverage (F&B) forventes fortsat at være et stærkt segment i , understøet af den store eerspørgsel på oplevelser og spisesteder.”

Annual report 2025A · The company itself

“En annan del i projektutveckling är kommersiella fastigheter, som kontorslokaler samt vård- och omsorgsboenden. I JMs bostadsfastigheter inreds ofta entréplanen med lokaler för exempelvis butiker och restauranger, som bidrar till levande miljöer och bostadskvarter.”

Annual report 2024A · The company itself

“Kespro’s market share is estimated to have continued to grow.”

Annual report 2025A · The company itself

“Net sales for Kespro’s foodservice business decreased by 0.3%.”

Annual report 2025A · The company itself

“In grocery trade, B2C trade is estimated to pick up and the foodservice business to remain stable.”

Annual report 2025A · The company itself

“Away from Home Channel Participants We distribute brewers, accessories, and K-Cup pods (owned, licensed, and partner brands) to away from home channel participants, which include office coffee distributors and hotel chains.”

Annual report 2025A · The company itself

“Products for professional use are sold through distributors, directly to manufacturing, lodging, office building, food service, and high-volume public facilities, and through e-commerce.”

Annual report 2025A · The company itself

“We are focused on anchoring and diversifying our properties with tenants that are more resistant to competition from e-commerce (e.g., groceries, essential retailers, restaurants and service providers), but there can be no assurance that we will be successful in modifying our properties, diversifying our tenant composition and/or adapting our leasing practices.”

Annual report 2025A · The company itself

“Our annuity products are distributed primarily through a network of distribution partners, including over 250 banks and broker-dealers and approximately 200 independent marketing organizations. •Preneed Life.”

Annual report 2025A · The company itself

“De siste årene har divisjonen økt sin markedsposisjon innenfor sportsfiske, og middels store fiskeri- og kystaktører.”

Annual report 2024A · The company itself

“Description of the Company: We manufacture and market food and beverage products around the world through our eight consumer-driven product platforms: Taste Elevation, Easy Ready Meals, Substantial Snacking, Desserts, Hydration, Cheese, Coffee, Meats, and other grocery products.”

Annual report 2025A · The company itself

“Driven by higher sales of food, beverages and convenience store items, total non-aeronautical revenue rose by 8% to DKK 2,160 million in 2025.”

Annual report 2025A · The company itself

“In addition to the airlines, other important customer groups include passengers, shops and restaurants in the shopping centre, and tenants. These relationships are managed and regulated through daily collaboration, concession and lease agreements, and sales and marketing activities.”

Annual report 2025A · The company itself

“Lammhults Design Group med sin breda och flexibla produktportfölj ser stora möjligheter på den växande coworking-marknaden.”

Annual report 2024A · The company itself

“(“LVSC,” or together with its subsidiaries “we” or the “Company”) is a Fortune 500 company and the leading global developer and operator of destination properties (“Integrated Resorts”) that feature premium accommodations, world-class gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities.”

Annual report 2025A · The company itself

“Additionally, gross gaming revenue from mass tables and slots has contributed to approximately two-thirds of total gross gaming revenue at Marina Bay Sands during the previous five years.”

Annual report 2025A · The company itself

“National Account Services (“NAS”) provides installation, service and preventive maintenance for commercial HVAC national account customers in the U.S. and Canada.”

Annual report 2025A · The company itself

“These products preserve food and other perishables in supermarkets, convenience stores, restaurants, warehouses and distribution centers.”

Annual report 2025A · The company itself

“Segment Products or Services Markets Served Geographic Areas Home Comfort Solutions Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies Residential Replacement; Residential New Construction United States Canada Building Climate Solutions Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products, curb, curb adapters, drop box diffusers, HVAC recycling and salvage service, condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, replacement parts and supplies Light Commercial; Food Preservation; Non-Food Industry United States Canada Prior to January 1, 2023, we operated in three reportable business segments.”

Annual report 2025A · The company itself

“A full-service restaurant and bar is located adjacent to the live music hall. We believe that the strength of the brand and the quality of the food, service and unique atmosphere in our restaurants attract customers to these venues independently from a live music event and generate a significant amount of repeat business from local customers.”

Annual report 2025A · The company itself

“Our People and Culture Bringing approximately 55,000 events to life and connecting over 805 million fans across all of our concerts and ticketing platforms, as we did in 2025, is a massive undertaking, made possible by our thousands of employees spread across 51 countries.”

Annual report 2025A · The company itself

“Our sponsors include some of the most well-recognized national and global brands across diverse sectors including consumer, financials and leisure, such as Citibank, O2, Mastercard, Cisco, Red Bull and Anheuser Busch (each of these brands is a registered trademark of the sponsor).”

Annual report 2025A · The company itself

“Bolaget är starkt inom mat- och dryckessegmentet. Det stärker Loomis erbjudande inom digitala lösningar och ökar närvaron i Spanien, en marknad med stor potential för Loomis digitala verksamhet.”

Annual report 2024A · The company itself

“Säker och effektiv transport av kontanter och värdeföremål med intelligenta logistiksystem till och från centralbanker, finansiella institutioner, butiker och restauranger och andra företag.”

Annual report 2024A · The company itself

“We manufacture, market, and distribute herbs, spices, seasoning mixes, condiments, and other flavorful products to the entire food and beverage industry: retailers, food manufacturers, and foodservice businesses.”

Annual report 2025A · The company itself

“In our Flavor Solutions segment, we provide a wide range of products to multinational food manufacturers and foodservice customers.”

Annual report 2025A · The company itself

“DESCRIPTION OF THE BUSINESS The Company franchises and owns and operates McDonald’s restaurants, which serve a locally relevant menu of quality food and beverages in communities across more than 100 countries.”

Annual report 2025A · The company itself

“COMPETITION McDonald’s restaurants compete with international, national, regional and local retailers of traditional, fast casual and other food service competitors. The Company measures its competitive position within the informal eating out ("IEO") segment, which is inclusive of the Company's primary competition of quick-service restaurants, but also includes 100% home delivery/takeaway providers, convenience stores, street stalls or kiosks, cafés, specialist coffee shops, self-service cafeterias and juice/smoothie bars.”

Annual report 2025A · The company itself

“We compete primarily in the IEO segment, which is highly competitive.”

Annual report 2025A · The company itself

“Our success as a heavily franchised business relies to a large degree on the financial success and cooperation of our franchisees, including our developmental licensees and affiliates.”

Annual report 2025A · The company itself

“In the ordinary course of business, occasional disputes arise relating to hiring, termination, promotion and pay practices, including, but not limited to, wage and hour disputes, alleged discrimination and compliance with labor and employment laws. •Customers McDonald’s restaurants – whether owned by subsidiaries of the Company, independent owner/operators or developmental licensees – regularly serve a broad segment of the public around the world.”

Annual report 2025A · The company itself

“Development of business operations Consumerboard (folding boxboard) In 2025, folding boxboard deliveries amounted to 890,000 tonnes (992,000), of which 59% (56) was delivered to Europe, 22% (24) to the Americas, and 19% (20) to developing markets.”

Annual report 2025A · The company itself

“Las Vegas Strip Resorts consists of the following casino resorts: Aria (including Vdara), Bellagio, The Cosmopolitan of Las Vegas (“The Cosmopolitan”), MGM Grand Las Vegas (including The Signature), Mandalay Bay (including W Las Vegas and Four Seasons), Luxor, New York-New York (including The Park), Excalibur, and Park MGM (including The Reserve at Park MGM).”

Annual report 2025A · The company itself

“Over half of the net revenue from our Las Vegas Strip Resorts is typically derived from non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities and the majority of the net revenue from our Regional Operations is typically derived from gaming operations.”

Annual report 2025A · The company itself

“Sport, Motorcykel och Säkerhet, vilka tillsammans representerar en fokusmarknad om 195 miljoner hjälmar.”

Annual report 2024A · The company itself

“The EMEA&APAC segment includes the sale of factored brands in the U.K. which occurs when we distribute beer, wine, spirits and other products owned and produced by other companies to the on-premise channel such as bars and restaurants.”

Annual report 2025A · The company itself

“2ENTERTAIN n Producerar och marknadsför musikaler, teater, shower och konserter. n Egenutvecklade format och förvärvade rättigheter. n Specialbeställd underhållning. n Artistförmedling. n Driver sex teaterarenor och biljettbokningssajten Showtic.    WALLMANS GROUP n Driver fyra arenor som erbjuder show, event, galor, möten, nattklubb, mat & dryck. n Producerar och marknadsför shower med bland annat de egna koncepten Wallmans och Golden Hits. n Driver en à la carte-restaurang.”

Annual report 2024A · The company itself

“KUNGSPORTSGRUPPEN n Driver aktivitetsrestauranger där upplevelsen bygger på att gästen själv tar en aktiv roll i händelserna genom spel, lek och tävling i kombination med god mat & dryck. n Förutom Ballbreaker i Stockholm och STAR Bowling i Göteborg har de egenutvecklade koncepten Bermuda Deck Shuffle Club och SLiCE lanserats. n Hansen designar och genomför event från idé till utförande.”

Annual report 2024A · The company itself

“For the market in general, the foodservice segment represents approx. 40%, while the retail segment represents approx. 60%.”

Annual report 2024A · The company itself

“Availability of larger sizes improved during the year which aligned with strong demand in the foodservice segment.”

Annual report 2024A · The company itself

“Consumer Products Mowi Consumer Products is geographically organised, but constitutes one reporting segment. Consumer Products' Operational EBIT for the year ended December 31, 2024 came to a EUR 145.8 million, slightly down from EUR 151.7 million in 2023. The negative effect of margin pressure in Europe was partly offset by higher volumes and continued first-class operational performance.”

Annual report 2024A · The company itself

“Retail development was good overall, while foodservice was relatively stable.”

Annual report 2024A · The company itself

“Looking ahead, we are committed to expanding access to healthy, sustainable, and delicious food options across all channels. Our strategy is focused on growth in foodservice, retail, and e-commerce, in addition to raising awareness of the salmon category and educating consumers about our products’ health and sustainability benefits.”

Annual report 2024A · The company itself

“We are the world's largest producer of farm-raised salmon, both by volume and revenue, offering fresh, whole salmon, processed salmon and other processed seafood products to customers in approximately 70 countries.”

Annual report 2024A · The company itself

“De befintliga luftkonditioneringssystemen var otillräckliga, vilket ledde till en uppgradering till ett toppmodernt Munters DSS Pro-system för att säkerställa överlägsen klimatkontroll och bättre bevaring.”

Annual report 2024A · The company itself

“Bostäder ut - gjorde 77 procent av hyresvärdet och lokaler 20 procent. Neobos hyresgäster är i huvudsak privatpersoner samt företagskunder som hyr butiker, restauranglokaler och kontor i bostadsfastigheternas bottenplan samt kunder i någon av bolagets samhällsfastigheter.”

Annual report 2024A · The company itself

“In the long term, the restaurant market is expected to develop positively, and the growth is expected to continue.”

Annual report 2025A · The company itself

“During the strategy period 2025–2027, NoHo Partners will focus on profitable growth and strengthening its financial position.”

Annual report 2025A · The company itself

“The Group companies include some 300 restaurants in Finland, Denmark and Norway.”

Annual report 2025A · The company itself

“The well-known restaurant concepts include Elite, Savoy, Teatteri, Sea Horse, Stefan’s Steakhouse, Palace, Löyly, Strindberg, Campingen and Cock’s & Cows.”

Annual report 2025A · The company itself

“Additionally, NoHo Partners acts as an active investor in Better Burger Society Group, the well-known brands of which are Friends&Brgrs and Holy Cow!.”

Annual report 2025A · The company itself

“In particular, classic restaurants with a strong market position are performing well in this operating environment.”

Annual report 2025A · The company itself

“The development of the Hanko Aasia concept is also paying off, and the chain’s result more than doubled compared to the previous year.”

Annual report 2025A · The company itself

“In addition, the investments made in entertainment venues in Helsinki, Tampere and Seinäjoki during the second half of the year were successful.”

Annual report 2025A · The company itself

“The business of Better Burger Society has continued its strategy-driven and profitable growth. The company’s turnover increased by 17% in 2025 to MEUR 94 (2024: 80).”

Annual report 2025A · The company itself

“OUR VISION IS TO BE THE LEADING RESTAURANT OPERATOR IN NORTHERN EUROPE UNIQUE OPERATING MODEL AS A COMPETITIVE ADVANTAGE NoHo Partners has a unique operating model that combines strong local brands and concepts with great dining experiences.”

Annual report 2025A · The company itself

“The offering covers the entire spectrum of restaurants, from fast food to fine dining, sauna experiences to gaming venues and pubs to nightclubs.”

Annual report 2025A · The company itself

“In addition, our event venues host meetings, seminars, private celebrations and other events.”

Annual report 2025A · The company itself

“NoHo Partners acquired Jungle Juice Bar On 2 September 2025, NoHo Partners announced that it has acquired the majority stake of 75% in the smoothie and juice bar chain Jungle Juice Bar, which included 40 units across Finland at the end of the review period. The operations of Jungle Juice Bar will be reported as part of NoHo Partners as of 1 September 2025.”

Annual report 2025A · The company itself

“Koncernen arbetar nära kunder med ledande position inom områden som medicinteknik, läkemedel, konsumentelektronik, telekom, fordon, hygien och andra utvalda industriella områden.”

Annual report 2024A · The company itself

“Value chain workers provide a range of products and services essential to the Company’s operations including ground handling, cleaning services, hotel accommodation, catering and the production of sustainable aviation fuel.”

Annual report 2024A · The company itself

“Our biosolutions help customers and consumers reduce costs and use of fossil-based resources, chemicals and energy.”

Annual report 2025A · The company itself

“Organic sales growth 74 % of divisional sales 7 % Organic sales growth 35 % of divisional sales 10 % Organic sales growth 26 % of divisional sales 6 % Organic sales growth 65 % of divisional sales 35.8 % Adjusted EBITDA margin 45 % of total sales 6 % Organic sales growth 38.2 % Adjusted EBITDA margin Business Our business model This page contains CSRD disclosure requirement: SBM-1.”

Annual report 2025A · The company itself

“Frösö Park Hotel och Dalecarlia Hotel & Spa. Dessa tre hyresgäster står för 17 procent av kategorins samlade hyresvärde.”

Annual report 2024A · The company itself

“Lisäksi Olvi pystyi kasvattamaan hotelli- ja ravintolakanavan myyntiä edelliseen vuoteen verrattuna.”

Annual report 2025A · The company itself

“Franchises Kjønnsfordeling Prioriterte virksomhetsprosesser → Basisår for klimagassutslipp og avkarboniseringsplan → Good Food Plan bærekraftsprogram → Dobbel vesentlighetsanalyse ESG tiltak 2024 Selskapet har en portefølje av lokale, markedsledende pizzakjeder som tilbyr høykvalitetsprodukter skreddersydd til lokale forbrukerpreferanser, og som drar nytte av internasjonale stordriftsfordeler.”

Annual report 2024A · The company itself

“Annet Tommi Tervanen Strategi for 2024–2026 Som en av de største aktørene innen franchisedrevet pizzavirksomhet i Europa, med et nettverk som består av 817 restauranter i Finland, Nederland, Polen og Tyskland, er The European Pizza Company godt posisjonert for å fortsette vekstreisen i det attraktive pizzamarkedet.”

Annual report 2024A · The company itself

“Eierperspektiv The European Pizza Company er godt posisjonert for videre vekst i et attraktivt marked og spiller en viktig rolle for Orkla-porteføljens diversifisering gjennom direkte kontakt med forbrukeren i det voksende «out-of-home»- segmentet.”

Annual report 2024A · The company itself

“While inflation and the rising cost of living have impacted demand and market dynamics for salmon, sales to both retail or foodservice-segments have demonstrated resilience and remains robust. Within the EU+UK market, the current situation can accurately be described as having "insufficient availability."”

Annual report 2024A · The company itself

“Inför 2025 kan förändringar som minskad efterfrågan på sociala evenemang, färre affärsmöten och längre planeringstid för gruppbokningar påverka utvecklingen.”

Annual report 2024A · The company itself

“Vår strategi bygger på att ingå lång siktiga, omsättningsbaserade hyresavtal med en stark och kompetent operatör. Genom att skapa gemensamma incitament och dela investeringar, uppsida och risk, skapar vi en hållbar och lönsam affärsmodell. – Vi har ett gott rykte i transaktionsmarknaden, tack vare vår förmåga att agera snabbt, tydligt och med hög grad av ”deal certainty”.”

Annual report 2024A · The company itself

“Vi har full exponering mot hotellrörelsen. Intäkter kommer främst från hotellrum, mat och dryck, konferensrum samt spa och garage. På kostnadssidan finns personal för reception, städning och restaurang samt annat som behövs i driften, till exempel energi och värme.”

Annual report 2024A · The company itself

“Djupa, breda och långsiktiga samarbeten Helt avgörande för vår framgång är de sam arbeten som vi har med våra hyresgäster, vilka består av närmare 40 hotelloperatörer och hotellvarumärken med olika karaktär och geografisk räckvidd. Det är globala varumärken som Hilton, regionala varumärken som Scandic och lokala oberoende varu märken som Hotel Berlin, Berlin.”

Annual report 2024A · The company itself

“De är väl etablerade på marknaden och har en stark distributionskraft genom vårt nya samarbete med Marriott International.”

Annual report 2024A · The company itself

“For the fiscal year ended December 31, 2025, our commercial business, which offers products such as conventional filtration products, commercial point-of-entry and point-of-use water treatment systems, activated carbon products and commercial ice machines, comprised approximately 66% of Water Solutions sales.”

Annual report 2025A · The company itself

“In the United States, PBNA acts as the exclusive distributor for small-format and foodservice customers with chilled direct-store-delivery (DSD) for the portfolio of brands owned by Tropicana Beverages Group (TBG).”

Annual report 2025A · The company itself

“Our Customers Our customers include wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, among others.”

Annual report 2025A · The company itself

“Total income for 2024 for the Hotel Properties segment amounted to MNOK 68.4 (MNOK 57.8 in 2023. The fair property value for the hotel segment based on third party valuations per 31.12.24 amounted to MNOK 1,523.0.”

Annual report 2024A · The company itself

“PPG's real estate portfolio per year-end 2024 consisted of three properties in the Preschools segment, eight properties in the Retail properties segment, one office property , eight properties in the Property development segment and seventeen properties in the Hotel properties segment, an increase of eleven properties from 2023 due to the acquisition of Norlandia Holding AS.”

Annual report 2024A · The company itself

“PPG has further increased its investments within the hotel segment, entering into a joint venture with Rica Eiendom AS of owning a hotel located in Tjøme. This investment was made through the joint venture company JV Havna Tjøme AS and is recognized according to the equity method.”

Annual report 2024A · The company itself

“Andra tillämpningar är till exempel tillfälliga events som utställningar, konserter och filmproduktioner där våra produkter kan hjälpa till och förse eventet med hållbart producerad elektricitet.”

Annual report 2024A · The company itself

“Prisma har ett väldiversifierat bestånd av fastigheter med fokus på lågprishandel, dagligvaror och snabbservicerestauranger.”

Annual report 2024A · The company itself

“En hyresgäst som går i bräschen för QSR-segmentets tillväxt i Sverige är McDonald’s, som planerar 30 nya restauranger de kommande fyra åren.”

Annual report 2024A · The company itself

“•Hospitality — Continuing to engage our consumers with experiential and unique expressions of the brand, our hospitality portfolio is a natural extension of the World of Ralph Lauren as expressed through the culinary arts. Ralph Lauren's global hospitality collection is comprised of our restaurants including The Polo Bar in New York City, RL Restaurant located in Chicago, Ralph's located in Paris, The Bar at Ralph Lauren located in Milan, Ralph's Bar located in Chengdu, and our Ralph's Coffee concept in various cities around the world.”

Annual report 2026A · The company itself

“Sport fishing competes with other leisure activities for consumers’ time and spending. The Group seeks to strengthen the attractiveness of sport fishing through active sales and marketing as well as continuous product innovation.”

Annual report 2025A · The company itself

“Strategy Implementation The strategic vision of the Group is to become a focused brand and innovation driven sport fishing market leader in selected categories globally in connection to creating outstanding experiences to global fishermen.”

Annual report 2025A · The company itself

“We may face extensive regulations from gaming and other regulatory authorities regarding current and future gaming properties. As a landlord of a gaming facility or future gaming facilities, we may be impacted by the risks associated with the gaming industry.”

Annual report 2025A · The company itself

“We have and may continue to make investments and utilize transaction structures that are outside of our traditional business, including entering into new asset classes, such as casinos, data centers, power centers, retail parks, loans, and vertical farms, and entering into (or expanding our use of) new transaction structures, such as strategic co-investment ventures, joint ventures, funds, lending, and increased exploration of sale-leaseback transactions.”

Annual report 2025A · The company itself

“As a landlord of a gaming facility or future gaming facilities, we may be impacted by the risks associated with the gaming industry. The ownership, operation, and management of gaming facilities are subject to extensive regulation.”

Annual report 2025A · The company itself

“Our investment strategy includes investing in high-quality shopping centers that are leased to market-leading grocers, category-leading anchors, specialty retailers, and/or restaurants located in areas with above average household incomes and population densities.”

Annual report 2025A · The company itself

“We are a preeminent national owner, operator, and developer of neighborhood and community shopping centers predominantly located in suburban trade areas with compelling demographics. Our mission is to create thriving environments for retailers and service providers to connect with surrounding neighborhoods and communities. Our vision is to elevate quality of life as an integral thread in the fabric of our communities. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect with their neighborhoods, communities, and customers.”

Annual report 2025A · The company itself

“Our small-container services are typically offered to small business complexes, multi-family housing and strip malls and include industries such as restaurants, retail, real-estate and professional and other services.”

Annual report 2025A · The company itself

“Miscellaneous services - In certain agreements with customers, Rollins may offer other miscellaneous services, including restroom cleaning (eliminating foul odors, grease and grime which could attract pests) and training (seminars covering good manufacturing practices and product stewardship). Revenue from miscellaneous services is recognized when services are provided.”

Annual report 2025A · The company itself

“Financial Presentation Description of Certain Line Items Revenues Our revenues are comprised of the following: •Passenger ticket revenues, which consist of revenue recognized from the sale of passenger tickets and the sale of air transportation to and from our ships; and •Onboard and other revenues, which consist primarily of revenues from the sale of goods and/or services onboard our ships not included in passenger ticket prices, casino operations, cancellation fees, sales of vacation protection insurance, pre- and post-cruise tours and fees for operating certain port facilities. Onboard and other revenues also include revenues we receive from independent third party concessionaires that pay us a percentage of their revenues in exchange for the right to provide selected goods and/or services onboard our ships, as well as revenues received for procurement and management related services we perform on behalf of our unconsolidated affiliates.”

Annual report 2025A · The company itself

“The remaining 30.2% of 2025 total revenues was comprised of Onboard and other revenues, which increased $0.4 billion, or 8.7% to $5.4 billion in 2025 from $5.0 billion in 2024. The increase was primarily due to: •$273 million increase driven by 5.5% capacity growth as a result of the addition of our newest ships and a full year of operations of ships noted above in 2025 compared to 2024; and •$160 million driven by yield growth as result of higher load factors and improved pricing on both existing ships and new ships in 2025 compared to 2024.”

Annual report 2025A · The company itself

“bars, restaurants, convenience stores, or customers’ central warehouses”

Annual report 2025A · The company itself

“Our customers operate across both the off-trade and on-trade segments, including retailers, wholesalers and distributors, convenience stores, bars, and restaurants.”

Annual report 2025A · The company itself

“As the leading provider of fitness and training services in the Nordics, our 272 clubs and strong portfolio of brands—SATS, ELIXIA, Fresh Fitness, SATS Yoga, and SATS Online—make us a natural choice for the broader population, catering to different needs, preferences, and fitness levels.”

Annual report 2024A · The company itself

“The Group’s business is primarily the sale of fitness club memberships, personal trainer sessions and retail sales through the fitness clubs and the Group’s website.”

Annual report 2024A · The company itself

“Scandic är Nordens ledande hotelloperatör med ett unikt erbjudande för fritids- och affärsresenärer.”

Annual report 2024A · The company itself

“Includes sales of accessories, contract manufacturing and bar sales”

Annual report 2025A · The company itself

“We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets®, and The Mills®.”

Annual report unknown yearA · The company itself

“Vi erbjuder fyra nyckelapplikationer: Mailjet för marknadsföring via e-post, Engage, SimpleTexting och ClickSend för meddelandelösningar, Contact Pro för molnbaserade kontaktcenter med omnikanalskommunikation och Chatlayer för AI-baserade chattbot-konversationer. De här verktygen är avsedda för företag av alla storlekar.”

Annual report 2024A · The company itself

“In Sweden, Infracontrol secured Swedavia’s and Trafikverket’s long-term assignments, as well as a ten-year agreement with Gothenburg Municipality for tramway infrastructure control systems.”

Annual report 2025A · The company itself

“SkiStar är den ledande semesterarrangören för Skandinavien med ett erbjudande och en effektiv organisation, som långsiktigt ger kontinuerlig tillväxt med stabil lönsamhet.”

Annual report 2024A · The company itself

“SkiStar vill som företag kunna inspirera till en aktiv livsstil. Vi vill få fler människor i rörelse och detta innefattar så klart även våra medarbetare.”

Annual report 2024A · The company itself

“I Åre kommer vi att fortsätta attrahera framtida gäster med äventyrliga och minnesvärda fjällupplevelser. Genom så lite miljöpåverkan som möjligt kommer vår prioritering framåt vara att modernisera, kapacitetsöka och vädersäkra vårt skidsystem. Vi kommer att fortsätta stärka våra skidområden dels genom attraktiva skidåkningsmöjligheter men också initiativ som gör det lättare att vara gäst.”

Annual report 2024A · The company itself

“Vi kommer även att fortsätta utveckla vår arena under sommartid med MTB-cykling och liftburen vandring som bas men också andra aktiviteter så som klätterpark och barnkoncept.”

Annual report 2024A · The company itself

“Fördelen i Hemsedal är att vi redan idag driver en SkiStar Lodge, där vi fortsätter att utveckla Lodge-konceptet.”

Annual report 2024A · The company itself

“Inför vintersäsongen 2023/24 genomfördes investeringar om 60 miljoner kronor framförallt avseende reinvesteringar och sommarsatsningen FRAMTID För att utveckla verksamheten med gästen i fokus kommer SkiStar i Trysil att fortsätta utveckla skidsystemet: backar, liftar, snöproduktion, restauranger och andra servicefaciliteter.”

Annual report 2024A · The company itself

“Sommaren 2023 invigdes Mountain Tube och Mountain Coaster samt andra aktiviteter för de yngre målgrupperna i Äventyrsområdet. Sommaren 2024 har cykelutvecklingen fortsatt med byggnation av flera liftbaserade cykelvägar.”

Annual report 2024A · The company itself

“SkiStar kommer i framtiden att stärka sin position som aktör för bra boende för gästerna i Trysil, både som förmedlare av stugor och lägenheter samt framför allt genom driften av Radissonhotellet och SkiStar Lodge Till vintern 2023/24 moderniserades Høgekspressen för att driftsäkra för framtiden 2024/25.”

Annual report 2024A · The company itself

“Vi ökar snökapaciteten med nya snökanoner och förbättrad belysning som förlänger möjligheterna till kvällsåkning. Dessutom kommer snögubben Valle att erbjuda fler aktiviteter för barnen.”

Annual report 2024A · The company itself

“Den långsiktiga satsningen på att göra Stockholm Hammarbybacken till en året-runt-anläggning och äventyrspark mitt i huvudstaden fortsätter under kommande år, både med en utveckling under vinteroch sommarhalvåret med fokus på rörelseglädje.”

Annual report 2024A · The company itself

“Vi har en lång historia av förmedling av boende där vi erbjuder logiägare att hyra ut via SkiStar, vilket ökar användningen av de sängar som finns på våra destinationer och reducerar behovet av nybyggnation.”

Annual report 2024A · The company itself

“Alpin skidåkning är SkiStars kärnverksamhet, vilket vi följer genom sålda SkiPass och antal åk genomförda i våra backar.”

Annual report 2024A · The company itself

“2.1 Hotell, semesteranläggningar, campingplatser och liknande logistik (BIO) SkiStar driver hotell samt uthyrningsverksamhet av stugor och lägenheter i närheten till koncernens skid- och aktivitetsområden. Skistar bedriver totalt sju hotell. De hotell som innefattas är SkiStar Lodge Lindvallen och SkiStar Lodge Hundfjället i Sälen, SkiStar Lodge Hemsedal, Radisson Blu Resort och SkiStar Lodge Trysil samt lägenhetskomplexet SkiStar Lodge Vemdalen och Hovde hotell i Vemdalen. SkiStar erbjuder en mängd olika boendealternativ i olika prisklasser, allt ifrån stugor med självhushåll till hotellrum.”

Annual report 2024A · The company itself

“Knappt 40 procent av SkiStars omsättning kommer från försäljning av SkiPass och även om ekonomiska verksamheterna Persontransport på väg i städer och förorter (6.3) och Transport med motorcyklar, personbilar och lätta motorfordon (6.5) hänvisar till NACE-kod som inkluderar liftar har SkiStars liftar efter utvärdering ej bedömts omfattas eftersom de inte är en del av ett transportsystem i städer och förorter eller ett motorfordon.”

Annual report 2024A · The company itself

“Vår främsta målgrupp kommer fortsatt att vara aktiva familjer på våra marknader i Norge, Sverige och Danmark samt fortsatt satsa på i Storbritannien, Tyskland och Nederländerna.”

Annual report 2024A · The company itself

“Ved å støtte samfunnsnyttige formål styrker Sparebanken Vest sitt omdømme og bygger tillit hos kunder, eiere, lokalsamfunn og ansatte. Et betydelig samfunnsutbytte skiller oss fra konkurrenter uten samme samfunnsorientering og reflekterer bankens forpliktelse til Corporate Social Responsibility (CSR). Dette blir stadig viktigere for kunder, ansatte og samfunnet.”

Annual report 2024A · The company itself

“I 2024 har Sparebanken Vest satt et betydelig fotavtrykk gjennom tildeling av samfunnsutbytte på 258,8 millioner kroner, fordelt på 1783 prosjekter over hele Vestlandet. I disse prosjektene ligger også støtte til vår egen initierte satsning for like muligheter innen idretten, Jenter vil mer, hvor 531 jentelag for til sammen 10,6 millioner kroner.”

Annual report 2024A · The company itself

“Starbucks is the premier roaster, marketer, and retailer of specialty coffee in the world, operating in 89 markets.”

Annual report 2025A · The company itself

“Among other matters, these actions could require or strongly urge various venues where foodservice products are served, including restaurants, schools, hotels and cruise liners, to reduce or discontinue operations, which could adversely affect demand in the foodservice industry, including demand for our products and services.”

Annual report 2026A · The company itself

“Customers and Products Sysco’s customers in the foodservice industry include restaurants, hospitals and skilled nursing facilities, schools and colleges, hotels and motels, industrial caterers and other similar venues where foodservice products are served.”

Annual report 2026A · The company itself

“No single customer accounted for 10% or more of Sysco’s total sales for the fiscal year ended June 27, 2026. We estimate that our sales by type of customer during the past three fiscal years were as follows: Type of Customer 2026 2025 2024 Restaurants 59 % 60 % 62 % Education, government 8 8 7 Healthcare 8 8 7 Travel and leisure 7 7 6 Other (1) 18 17 18 Totals 100 % 100 % 100 % (1) Other includes cafeterias that are not stand-alone restaurants, bakeries, caterers, churches, civic and fraternal organizations, vending distributors, other distributors and international exports, as well as retail food sales and logistics services.”

Annual report 2026A · The company itself

“Reports, whether true or not, of foodborne illnesses or injuries caused by food tampering could also severely injure our reputation or reduce public confidence in our products. If patrons of our restaurant customers were to become ill from foodborne illnesses, our customers could be forced to temporarily close restaurant locations, which would have an adverse effect on our sales and profitability.”

Annual report 2026A · The company itself

“Our anticipated change to the mix of locally managed customers versus multi-unit customers could reduce our gross and operating margins. Gross margin from our multi-unit customers, which includes primarily national and regional casual dining and quick service restaurant chains, is generally lower than that of our locally managed customers because we typically sell higher volumes of products to multi-unit customers and provide a relatively lower level of value-added services than we do to locally managed customers.”

Annual report 2026A · The company itself

“GPOs have a relatively larger presence in the healthcare, lodging and foodservice management customer segments.”

Annual report 2026A · The company itself

“Our Textron Specialized Vehicles businesses manufacture and sell products under our E-Z-GO, TUG Technologies, Douglas Equipment, Premier, Safeaero, Ransomes, Jacobsen and Cushman brands. These businesses design, manufacture and sell golf cars; utility vehicles; light transportation vehicles; aviation ground support equipment; professional turf-maintenance equipment; and specialized turf-care vehicles.”

Annual report 2026A · The company itself

“omfatter alle entré-, og forlystelses-, Tivolikort- og royaltyindtægter samt sponsorindtægter og indtægter fra Tivoli Erhvervsklub.”

Annual report 2025A · The company itself

“driver Tivolis egne 36 spisesteder og outlets, eksklusive 11 steder, der drives af High-End (under Nimb).”

Annual report 2025A · The company itself

“driver et eksklusivt, 5-stjernet boutiquehotel (Nimb Hotel) med 38 værelser, Nimb Club med fitness, pool, spa samt 12 restauranter”

Annual report 2025A · The company itself

“driver alle Tivolis spillehaller og spil i Haven.”

Annual report 2025A · The company itself

“Strategiens ambitiøse målsætning om mere end 4,5 millioner gæster årligt giver, kombineret med fastholdelse og udvikling af den af gode gæsteoplevelse frem mod 2030, mulighed for at investere op imod 1 mia. kr. i strategiperioden til målrettede løft af forlystelser, bygninger og anlæg.”

Annual report 2025A · The company itself

“Udover lanceringen af selve den nye strategi, så sker der markante lanceringer i Haven, herunder særligt åbningen af det nye oplevelsesområde i det tidligere Asien-område ved Dæmonen - forventeligt i løbet af sommeren 2026.”

Annual report 2025A · The company itself

“Det planlagte program for 2026 byder således både på åbning af nyt område, overtagelse af spil, festivaler, bredt kulturprogram i Tivolis sale, koncerter til Fredagsrock og Lørdagshits og meget mere, og giver optimisme om et gæstetal på niveau med eller over gæstetallet for 2025.”

Annual report 2025A · The company itself

“Sommersæsonen starter allerede den 27. marts, hvilket betyder, at Tivoli samlet har flere end 260 åbningsdage hen over sæsonerne i 2026.”

Annual report 2025A · The company itself

“Der arbejdes fortsat med projektering af ny større forlystelse, som vil udgøre en markant fornyelse og opgradering af Tivolis forlystelsesportefølje.”

Annual report 2025A · The company itself

“Direct Operating Costs Direct operating costs primarily include costs associated with our athletes and talent, marketing, venue costs related to live events, expenses associated with the production of events and experiences, event ticket sales and fees for media rights.”

Annual report 2025A · The company itself

“The integration of On Location into TKO has enabled us to directly capture growth from premium experiential hospitality offerings tied to major sporting events and entertainment properties such as the NFL and FIFA. By offering curated packages that combine tickets, hospitality, accommodations, and exclusive experiences, we believe we can increase per-fan economics while expanding our reach to corporate customers and high-value consumers globally.”

Annual report 2025A · The company itself

“TKO's businesses include UFC, the world’s premier mixed martial arts (“MMA”) organization; WWE, the global leader in sports entertainment; Professional Bull Riders (“PBR”), the world’s premier bull riding organization; and its joint venture Zuffa Boxing, a professional boxing promotion.”

Annual report 2025A · The company itself

“Our live event portfolio includes UFC, WWE, and PBR, which collectively showcases a talented roster of UFC athletes, WWE Superstars, and professional bull riders. Live events generate revenue through the sale of tickets, site fees, travel packages, and VIP experiences.”

Annual report 2025A · The company itself

“Pay-per-view programming is distributed through cable, satellite, and digital providers to residential and commercial establishments.”

Annual report 2025A · The company itself

“For services related to events in the On Location business, the Company typically controls the right to package and sell access to such events directly to consumers. In these arrangements, the Company’s customer is the consumer, and fees paid by the consumer are recognized on a gross basis, as the Company acts as the principal in the arrangement.”

Annual report 2025A · The company itself

“The Company also offers event management services, assisting third-party event owners with live event production and hospitality, and earns fixed fees or variable profit participation commissions, recognizing revenue over the event, multiple events, or contract term.”

Annual report 2025A · The company itself

“Our comprehensive selection of merchandise is comprised of the following major product categories: •Livestock, Equine & Agriculture: livestock and equine feed & equipment, poultry, fencing, and sprayers & chemicals; •Companion Animal: food, treats and equipment for dogs, cats, and other small animals as well as dog wellness; •Seasonal & Recreation: tractor & rider, lawn & garden, bird feeding, power equipment, and other recreational products; •Truck, Tool, & Hardware: truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and •Clothing, Gift, & Décor: clothing, footwear, toys, snacks, and decorative merchandise.”

Annual report 2025A · The company itself

“Tuoteryhmät Tulikivellä on kolme tuoteryhmää: Tulisijat, Sauna ja Sisustus. Tulikivi Sauna Tulikivi vastaa globaaliin sauna- ja wellness-trendiin tarjoamalla huipputeknologian, skandinaavisen muotoilun ja luonnonmateriaalit yhdistäviä saunatuotteita, jotka edistävät hyvinvointia ja modernia saunomiskulttuuria.”

Annual report 2025A · The company itself

“•Outdoor Recreation: Designed specifically for local, state, and federal outdoor agencies, our solutions encompass campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.”

Annual report 2025A · The company itself

“In addition, in times of economic uncertainty, consumers reduce the amount of food that they consume away from home at our foodservice customers, which in turn reduces our product sales.”

Annual report 2025A · The company itself

“(b) Includes external sales to foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities and the military.”

Annual report 2025A · The company itself

“We connect consumers (“Rider(s)”) with independent providers of ride services (“Mobility Driver(s)”) for ridesharing services, and connect Riders and other consumers (“Eater(s)”) with restaurants, grocers and other stores (collectively, “Merchants”) with delivery service providers (“Couriers”) for meal preparation, grocery and other delivery services.”

Annual report 2025A · The company itself

“Our retail or commercial tenants may experience financial distress or bankruptcy, or may fail to comply with their contractual obligations, and may seek concessions in order to continue operations or cease their operations, all of which has happened in the past and may occur again in the future, which could adversely impact our results of operations and financial condition.”

Annual report 2025A · The company itself

“Certain of our properties include retail or commercial space that we lease to third parties. The long-term nature of our retail and commercial leases (generally five to ten years with market-based or fixed-price renewal options) and the characteristics of many of our tenants (small and/or local businesses) may subject us to certain risks.”

Annual report 2025A · The company itself

“Kunderbjudandet består av utveckling, tillverkning, marknadsföring och försäljning av kompletta klimatsystem. Divisionen vänder sig framför allt till kunder inom fyra marknadssegment: ■ Bussar, som kan delas in i undersegmenten stads-, lång distans-, skol- och minibussar. ■ Anläggningsfordon inom infrastruktur, jordbruk, skogsbruk, gruvor och materialhantering. ■ Nyttofordon, såsom utrycknings- och servicefordon. ■ Försvarsfordon för trupptransporter.”

Annual report 2024A · The company itself

“Portfolio •During the year ended December 31, 2025, we converted 63 senior housing communities located in the United States from the NNN segment to the SHOP segment. We also transitioned 26 senior housing communities within the SHOP segment to new managers.”

Annual report 2025A · The company itself

“•During the year ended December 31, 2025, we converted 11 senior housing communities located in the United Kingdom within our NNN segment to our SHOP segment and transitioned such assets to a new manager.”

Annual report 2025A · The company itself

“Our Businesses Senior Housing Operating Portfolio (SHOP) In our SHOP segment, we own and invest in senior housing communities. We participate directly in the financial performance of the communities’ operations and are generally responsible for all operational costs, expenses and other liabilities. We typically engage third-party managers to operate the communities on our behalf but generally hold applicable healthcare licenses and enroll in applicable government healthcare programs on behalf of the communities in our SHOP segment.”

Annual report 2025A · The company itself

“nm - not meaningful NOI—SHOP Segment 63 Table of Contents The following table summarizes results of operations in our SHOP segment for the years ended December 31, 2025 and 2024 (dollars in thousands): For the Years Ended December 31, Increase (Decrease) to NOI 2025 2024 $ % NOI—SHOP Resident fees and services $ 4,276,163 $ 3,372,796 $ 903,367 26.8 % Less: Property-level operating expenses (3,092,099) (2,506,413) (585,686) (23.4) NOI $ 1,184,064 $ 866,383 $ 317,681 36.7 % Segment Properties at December 31, Average Unit Occupancy for the Years Ended December 31, Average Monthly Revenue Per Occupied Room for the Years Ended December 31, 2025 2024 2025 2024 2025 2024 Total communities 752 629 87.3 % 84.5 % $ 5,255 $ 4,923 Resident fees and services include all amounts earned from residents at the senior housing communities in our SHOP segment, such as rental fees related to resident leases, extended healthcare fees and other ancillary service income.”

Annual report 2025A · The company itself

“NOI—NNN Segment The following table summarizes results of operations in our NNN segment for the years ended December 31, 2025 and 2024 (dollars in thousands): For the Years Ended December 31, (Decrease) Increase to NOI 2025 2024 $ % NOI—NNN Rental income $ 601,578 $ 622,054 $ (20,476) (3.3 %) Less: Property-level operating expenses (13,505) (15,829) 2,324 14.7 NOI $ 588,073 $ 606,225 $ (18,152) (3.0) % In our NNN segment, our revenues generally consist of fixed rental amounts (subject to contractual escalations) received from our tenants in accordance with the applicable lease terms. We report revenues and property-level operating expenses within our NNN segment for real estate tax and insurance expenses that are paid from escrows collected from our tenants.”

Annual report 2025A · The company itself

“The decrease in our NNN segment NOI in 2025 over the prior year was primarily driven by a $35.6 million decrease in rental income from senior housing communities that converted to our SHOP segment and a $23.9 million decrease in rental income from dispositions partially offset by a $14.6 million increase in rental income attributed to the net non-cash revenue impact of changed revenue recognition from cash to straight-line related to a senior housing triple-net tenant, a $13.1 million increase in rental income from acquisitions in the third quarter of 2024, a $10.0 million net increase in rental income from lease renewals, contractual rent escalators and timing of rent collection.”

Annual report 2025A · The company itself

“Våra lösningar används inom en rad branscher, såsom energi, försäkring, handel, hotell, trossamfund och sjukvård.”

Annual report 2024A · The company itself

“NO 2014 54 92 % Vitec Avoine Lokala föreningar, nationella organisationer samt golfanläggningar i Finland.”

Annual report 2024A · The company itself

“NL 2024 54 78 % Vitec Fixit Frisör- och skönhetssalonger i Norge.”

Annual report 2024A · The company itself

“NO 2019 22 90 % Vitec Hotelinx Hotell och besöksnäring i Finland.”

Annual report 2024A · The company itself

“DK 2020 63 80 % Vitec Visitor Systems Kommuners kultur- och fritidsförvaltningar och besöksanläggningar i Norge och Sverige.”

Annual report 2024A · The company itself

“Produkterna finns i hjärtat av en mängd verksamheter som energi, försäkring, handel, hotell, trossamfund och sjukvård.”

Annual report 2024A · The company itself

“Butik, restaurang, och bio 12 % Kontor 27 % FÖRDELNING HYRESVÄRDE Wallenstams organisation Under 2024 var medelantalet anställda i koncernen totalt 260 (263).”

Annual report 2024A · The company itself

“Göteborgs Stad 20 303 Essity Hygiene and Health AB 15 639 Convendum AB 14 757 Filmstaden AB 14 508 Riksarkivet 11 000 Västra Götalandsregionen 10 832 Fridaskolorna AB 8 088 Dagab Inköp & Logistik AB 7 233 ICA Fastigheter AB 6 906 Frisk Service i Göteborg AB 5 854 Summa 115 120 Våra tio största hyresgästers hyresvärde motsvarar 8 % av det totala hyresvärdet eller 17 % av hyresvärdet i det kommersiella beståndet.”

Annual report 2024A · The company itself

“Each of our businesses is normally subject to seasonal variations and variations in connection with the timing of our product offerings, including as follows: •Revenues at the Experiences segment fluctuate with changes in theme park attendance and resort occupancy resulting from the seasonal nature of vacation travel and leisure activities and seasonal consumer purchasing behavior, which generally results in increased revenues during the Company’s first and fourth fiscal quarters. Peak attendance and resort occupancy generally occur during the summer months when school vacations occur and during early winter and spring holiday periods.”

Annual report 2025A · The company itself

“Revenues at the Experiences segment also sometimes fluctuate with changes in theme park attendance and resort occupancy resulting from special celebrations or events that increase demand in the applicable periods and decrease demand in prior or later periods as guests time their vacations to occur during such special celebrations or events.”

Annual report 2025A · The company itself

“For example, in recent years, we have expanded our fleet of cruise ships, with announced plans for further fleet expansion, and increased investment in our parks and resorts; completed the acquisition of Hulu and of a 70% interest in Fubo; and made substantial investments related to DTC offerings.”

Annual report 2025A · The company itself

“The success of our theme parks, resorts, cruise ships and experiences, as well as our theatrical releases, depends on demand for out-of-home entertainment experiences. Demand for certain out-of-home entertainment experiences, such as theater-going to watch movies, has not returned to levels that existed prior to the COVID-19 pandemic.”

Annual report 2025A · The company itself

“The operation of, and demand for and consumption of our products and services, particularly our parks and experiences businesses, are highly dependent on the general environment for travel and tourism, including in the specific regions in which our parks and experiences businesses operate. In addition, we have extensive international operations, including our international theme parks and resorts, which are dependent on domestic and international regulations consistent with trade and investment in those regions.”

Annual report 2025A · The company itself

“•Our linear networks, television stations and DTC services compete for the sale of advertising time with traditional and new media platforms, including other television and video-on-demand services and various forms of internet and mobile delivered platforms and content, which offer advertising delivery technologies that are more targeted than can be achieved through traditional means, as well as with other forms of advertising. •Our linear networks compete for carriage of their programming with other programming providers. •Our theme parks, resorts and experiences compete for guests with other theme parks and resorts, all other forms of entertainment, lodging, tourism and recreation activities and compete for technology, creative, performing and business talent, including with other theme park and resort operators. •Our content sales/licensing operations, including theatrical releases, compete for customers with all other forms of entertainment.”

Annual report 2025A · The company itself

“Content revenues are generated from the release of feature films for initial exhibition in theaters, production of programs licensed for initial television/SVOD exhibition, the additional licensing of feature films and television programs to various television, SVOD and other digital markets, distribution of feature films and television programs in the physical and digital home entertainment market, sales of console games and mobile in-game content, sublicensing of sports rights, and licensing of intellectual property such as characters and brands.”

Annual report 2025A · The company itself

“Williams Sonoma From the beginning, our namesake brand, Williams Sonoma, has been bringing people together around food. A leading specialty retailer of high-quality products for the kitchen and home, the brand seeks to provide world-class service and an engaging customer experience. Williams Sonoma products offer everything for cooking, dining and entertaining, including: cookware, tools, electrics, cutlery, tabletop and bar, food, outdoor, furniture and a vast library of cookbooks.”

Annual report 2026A · The company itself

“Additionally, as we continue to grow our business-to-business division, which targets commercial businesses across a number of verticals, including commercial furniture and hospitality, we are exposed to risks related to changes in our business-to-business customers’ discretionary spending, the timing of their budget cycles and purchasing decisions, and payment schedules. Negative changes in factors affecting our business-to-business customers’ discretionary spending may decrease demand for our business-to-business services, which could reduce our sales and harm our business and operating results.”

Annual report 2026A · The company itself

“Customers We sell to emerging, medium-sized, and large global organizations that span numerous industry categories, including financial services, government, healthcare, higher education, hospitality, manufacturing, professional and business services, retail, technology and media, and transportation.”

Annual report 2026A · The company itself

“Wulff Entre’s, which specializes in the event industry, net sales, EUR 3.9 million, were on the same level as the comparison period.”

Annual report 2025A · The company itself

“The Worklife Services segment includes staff leasing services, accounting services, consulting services, exhibition, event, and space design services both internationally and domestically, as well as solutions and services for office and professional printing and document management.”

Annual report 2025A · The company itself

“Our Strategy We conceptualize, design, build, and operate our resorts to create unforgettable customer experiences across a diverse set of gaming and non-gaming amenities that attract a wide range of customer segments and generate strong financial results.”

Annual report 2025A · The company itself

“Las Vegas Operations Wynn Las Vegas features two luxury hotel towers with a total of 4,748 guest rooms, suites and villas, approximately 199,000 square feet of casino space, 35 food and beverage outlets, approximately 510,000 square feet of meeting and convention space, approximately 178,000 square feet of retail space (the majority of which is owned and operated under a joint venture of which the Company owns 50.1%), as well as two theaters, two nightclubs and a beach club and recreation and leisure facilities.”

Annual report 2025A · The company itself

“Encore Boston Harbor Encore Boston Harbor, an integrated resort in Everett, Massachusetts, adjacent to Boston along the Mystic River, features a luxury hotel tower with a total of 671 guest rooms and suites, approximately 215,000 square feet of casino space, 16 food and beverage outlets, one nightclub, approximately 71,000 square feet of meeting and convention space, and approximately 8,200 square feet of retail space.”

Annual report 2025A · The company itself

“Residential consumers represent the end users in the residential market, while owners and managers of properties, such as apartment buildings, retail stores, institutional buildings, restaurants, schools/universities, hospitals and hotels, are examples of end users in the commercial market. The industrial market includes original equipment manufacturers, exploration and production firms, agricultural customers, and developers and managers of industrial facilities, such as chemical manufacturers, marine, food and beverage companies, data centers and car washes.”

Annual report 2025A · The company itself

“We have initiated a process to explore strategic options for our Pizza Hut brand to maximize long-term value creation. Our ability to successfully engage in any transactions with regard to our Pizza Hut brand is subject to prevailing general, market and industry-specific economic conditions and certain regulatory, financial, business and other factors beyond our control.”

Annual report 2025A · The company itself

“Overview of Business YUM has over 63,000 restaurants in 155 countries and territories primarily operating under the four concepts of KFC, Taco Bell, Pizza Hut and Habit Burger & Grill (the “Concepts”).”

Annual report 2025A · The company itself

“Taco Bell specializes in Mexican-style food products, including various types of tacos, burritos, quesadillas, salads, nachos and other related items.”

Annual report 2025A · The company itself

“Today, Pizza Hut specializes in the sale of ready-to-eat pizza products and operates in the delivery, carryout and casual dining segments around the world.”

Annual report 2025A · The company itself

“The Habit Burger & Grill restaurant concept is built around a distinctive and diverse menu that includes chargrilled burgers and sandwiches made-to-order over an open flame and topped with fresh ingredients.”

Annual report 2025A · The company itself

“This is exemplified by multi-country contracts with clients such as Yunex Traffic and Innomotics. Additionally, growth will be driven by expanding services for existing customers, including broader geographic coverage, as demonstrated by partnerships with Siemens, Tryg, and Circle K, along with our agreement with a major global retailer.”

Annual report 2024A · The company itself

“Our offerings include a wide range of industry tailored solutions including point-of-sale solutions, self-serve kiosks and interactive touchscreen displays. Workflow optimization solutions: We provide a portfolio of offerings that help our customers improve the agility and productivity of key workflows by analyzing and acting on operational data in real-time.”

Annual report 2025A · The company itself

“End-users of our offerings include those in retail and e-commerce, manufacturing, transportation and logistics, healthcare, hospitality, public sector, and other industries.”

Annual report 2025A · The company itself