FLATPAY ApS

Unusual circumstances affecting recognition and measurement

No unusual circumstances have impacted on the recognition or measurement of the company's financial position​during 2025.

No material events have occured after the balance sheet date to this date, which would influence the annual ​report.

The Entity serves as the administration company in a Danish joint taxation arrangement. 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 also for obligations, if any, relating to the withholding of tax on interest, royalties and ​dividends for these entities.

20 Assets charged and collateral

The growth loan with Eifo contains the right for Eifo to receive an extra payment based on an exit scheme defined ​

in the loan agreement. The exit scheme payment consists of an amount of 5% of the added value of the Company, however capped at 20% of the principal amount of the loan (0,5m euro) thus 0,1m euro. ​ ​A company charge amounting to 9,5m euro has been provided to Danske Bank and Eifo. The security includes goodwill, intangible assets, operating equipment and fixtures and trade receivables. ​ ​The carrying amount is 26m euro.