LOUMANN HOLDING ApS

The parent company's principal activities are the ownership of equity interests and related business operations. The groups primary acitivity is holding shares in Pack Tech. Pack Tech's business strategy focuses on development and sales of sustainable packaging solutions to our key target groups - Personal Care & Beauty, Pharma, Industry, among others. The Ocean Waste Plastic concept remains a key driver in the strategy offering our customers an opportunity to participate in the removal of plastic from ocean and rivers in Indonesia and to use the collected plastic in their packaging. Pack Tech continues to focus more on customized packaging rather than standard packaging enabling our customers to obtain their “own” design and the share of customized packaging increases on a yearly basis. Even though, acquisition opportunities are being considered on an ongoing basis, we believe that strong organic growth is a corner stone of our value creation. The profitable growth will keep creating strong value for the shareholders while removing plastic from ocean and rivers. Our ambition is to become the leading company in this field. Relentlessly, we will keep challenging the industry and ourselves to develop solutions to problems that couldn’t be solved yesterday. This is a driving force for our continued success.