ENVII ApS

The Company's primary activity is to design, produce, market and sell clothing and accessories.

Description of material changes in activities and finances

During 2025, an update has been made to the group’s transfer pricing policies to ensure an alignment with the functional and risk profile of the local entities. This will impact the level of remuneration of the local entities going forward.

No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.

The Entity participates in a Danish joint taxation arrangement where P & P Holdings A/Sserves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is​therefore liable for income taxes etc. for the jointly taxed entities, and for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements.

10 Assets charged and collateral

The Company has, for the group's overall engagement with credit institutions, issued a joint mortgage bond ​with group-affiliated Companies for a total of DKK 50,000,000.