EDEMA ApS

The principal activities of the company The Company´s objective is development, production, marketing and sale of medical/biological measurement equipment in relation to excessive accumulation of fluid and business in relation hereto.

There has been no activities in previous year.

Development in activities and financial matters The revenue for the year totals DKK against DKK last year. Income or loss from ordinary activities after tax totals DKK -61.000 against DKK -59.000 last year. Management considers the net profit or loss for the year satisfactory.

Uncertainties about recognition or measurement Based on the present development results, it is Management´s opinion that the Company´s future cash flow will be sufficient to maintain the carrying amount of the capitalised development projects. Consequently, at 30 September 2018 DKK 1.030.000 has been capitalised regarding the Company´s development projects. The value of these depend on the final sales potential. There is thus significant uncertainty in relation to the value hereof. It´s Management´s assessment that the valuation of the Company´s development projects is sound..

Events occurring after the end of the financial year No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date.

4. Contingencies Joint taxation With STG Growth APS, company reg. no 35889620 as administration company, the company is subject to the Danish scheme of joint taxation and is proportionally liable for tax claims within the joint taxation scheme.