True. ApS

The purpose of the company is to produce, market and sell chewing gum, dates, mints and lozenges.

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 the parent companyserves 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.​​The Entity has comitted to purchasing raw materials totaling DKK 15,900 thousand until october 2026.

12 Assets charged and collateral

As security for debt obtained from bank loans there is a registered corporate mortgage amounting to DKK 4,000 thousand. The security includes goodwill, intangible assets, operating equipment and fixtures, inventories and trade receivables. The carrying amount is DKK 69.298 thousand.