REMOTE TECHNOLOGY ApS

General information The company's objects are to provide certain administrative services related to human resources activities on behalf of other companies, and all activities deemed to be related thereto by the executive board. The corporate purpose of the Company consists of consulting; hiring and subcontracting resources for clients requiring services for projects, and providing services in the form of remote work. Therefore, the Company directly hires employees in Denmark, taking on their behalf all the necessary responsibilities in the country regarding payroll, taxes and other benefits attributable to the employees, ensuring that all necessary rules, laws and local requirements are compliantly met. Please see further information regarding the business of Remote at www.remote.com. The business has not yet reached a level where revenue exceeds the cost of establishing the operations, however the business has grown significantly since establishment in 2021. The turn to profitability will be driven by an increased number of customers and external employees generating additional management fee income. The sole shareholder of the Company since its incorporation is REMOTE EUROPE HOLDING B.V., an entity incorporated in The Netherlands. The Company is part of the Remote Group, and its direct parent company is REMOTE EUROPE HOLDING B.V. REMOTE EUROPE HOLDING B.V. has its tax and registered office at Kraijenhoffstraat 137A, 1018RG Amsterdam, Netherlands.