Fiven Annual Report 2022

Note 24 Provisions Amounts in EUR thousand Site renovation Environmental obligations Other provisions Total provisions 2022 Total provisions 2021 Opening balance 201 200 185 586 1 089 Additional provisions recognised 15 1 308 1 323 106 Used during the year - - Provisions reversed - (634) Exchange rate differences 24 (10) 5 19 25 Closing balance 239 190 1 499 1 928 586 Non-current liability 239 190 1 093 1 522 498 Current liability 406 406 88 Closing balance 239 190 1 499 1 928 586 The increase in Non-current other provisions of kEUR 1.308 is a unsolved tax claim related to divestment of operation in Venezuela. The site renovation provision 239 kEUR in 2022 (201 kEUR in 2021) refers to estimated future expenses to recover the land impacted by the sand mine in Brazil. The environmental provision in Norway is a result of Fiven Norge's SO2 emissions in 2022 exceeding the limits for the operating permits defined by the Norwegian Environmental Agency (NEA). The provision of 190 kEUR (200kEUR in 2021) reflects potential administrative sanctions in similar cases of non-compliance to emission limits. Apart from the SO2, Fiven was compliant on the 21 other substance requirements. Fiven Annual Report 2022 70 Financial statements

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