PDM SOFTWARE ApS

The company’s activities, as in previous years, have consisted of the development and sale of technical solutions, which are sold through the sister company PDM Technology ApS, as well as other related activities at the discretion of the executive management. The company owns all rights to Bluestar products.

Other contingent liabilities

The Danish group companies are jointly and severally liable for tax on the jointly taxed incomes etc of the Group. The total amount of corporation tax payable is disclosed in the Annual Report of Aalborg TopCo ApS, which is the management company of the joint taxation purposes. Moreover, the Danish group companies are jointly and severally liable for Danish withholding taxes by way of dividend tax, tax on royalty payments and tax on unearned income. Any subsequent adjustments of corporation taxes and withholding taxes may increase the Company's liability.