RadiSurf ApS

The principal activity is to provide research and development services relating to coating products for various applications to our parent company Yield Engineering Systems.

The recorded profit for 2025 is lower than expected, primarily due to foreign exchange losses resulting from the depreciation of USD against DKK from 7.20 to 6.36.

In August 2025, our parent company Radisurf Inc. merged with Yield Engineering Systems, Inc. The merger was not expected to have any impact on the Company’s principal activities, as RadiSurf ApS has evolved into a focused R&D entity operating under a cost-plus agreement with its parent company, now Yield Engineering Systems, Inc.

Description of significant changes in the company's business and financial conditionsDue to changed market expectations, Yield Engineering Systems, Inc. has decided to discontinue the activities of RadiSurf ApS. The Company is expected to cease all operations by the end of August 2026, and a solvent liquidation is planned during 2026.

As a result of this decision, the Company has recognised a write-down of assets amounting to DKK 1.985.987, and has made a provision of DKK 2.374.872 to cover costs related to reinstatement of leased premises.…

The company has entered into a lease with an annual rent obligation of TDKK 1,987. The

contract is irrevocable until 1 February 2027, and can therefrom be terminated with 6 month

notice.