Fiven Annual Report 2022

Note 9 Share capital and statement of changes in equity The company has one class of shares. All shares come with full voting rights. The share capital is nominated in NOK. The nominal value per share is 1 000 NOK. Amounts in EUR thousand Share capital Other paid in capital Retained Earnings (accumulated deficit) Total Equity As of 1 January, 2022 101 - 33 135 Net income (loss) - - 27 952 27 952 Dividend to owners - - (2 813) (2 813) As of 31 December, 2022 101 - 25 172 25 274 Amounts in EUR thousand Share capital Other paid in capital Retained Earnings (accumulated deficit) Total Equity As of 1 January, 2021 101 - (476) (375) Net income (loss) - - 510 510 As of 31 December, 2021 101 - 34 135 Fiven ASA distribute an extraordinary dividend of EUR 2 813.33 per share, in total EUR 2 813 330, based on the Company's audited interim balance sheet of 31 October 2022. Note 10 Investments in subsidiaries Amounts in EUR thousand Location Ownership interest in % Total equity Result Carrying value 31 Dec 2022 Carrying value 31 Dec 2021 Company Fiven Norge AS Norway 100% 48 492 50 899 42 368 42 368 Fiven GmbH Germany 100% 82 (41) 29 29 Materiaux Ceramiques SA Belgium 100% 9 195 (981) 15 391 15 391 Carbeto de Silício Sika Brasil Ltda Brazil 100% 29 820 19 836 19 846 19 846 Fiven North America Inc US 100% 25 12 - - Total 31.12.2021 77 635 77 635 Fiven Annual Report 2022 92 Financial statements

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