Rodinia ApS

The Board and the major shareholders have reviewed the basis for the going concern assessment and continue to expect that additional capital injection, including under the convertible loan agreement of which first instalment has been paid out to the company, can be secured in the near term.In parallel, the Company is working towards a letter of intent from existing investors, expressing their intention to support the Company’s continued operations, including in the absence of completed external funding.In addition, the Company has previously obtained an approved postponement of its existing long-term debt from EIFO until July 2026.Based on these factors and the continued support from key shareholders, the Board and the major shareholders support the application of the going concern assumption.As a result, that the expected funding only is expected there is substantial doubt about its ability to continue as a going concern.