NavitasSun ApS

The company’s key activities comprise of construction of solar parks, as well as all business which, in the opinion of the Executive Board, is related to this.

Description of material changes in activities and finances

The company realised a loss of 346 T.DKK in 2025 and the equity is negative by 1,744 T.DKK. Management expects, that the capital base will be reestablished through tax free group contributions in 2026. Liquidity to operations in 2025/26 have been secured by loans from Group companies. Please also refer to the text on page 10, Statement of changes in equity.​​The management has decided that during 2026 or 2027 the company should be dissolved by solvent liquidation. Therefore the company does not continue to operate. Please also refer to note 1 and the accounting policies applied.

The Entity participates in a Danish joint taxation arrangement where Navitas Renewables A/Sserves 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.