Nordecon — Audit Report / Information 2025

Apr 29, 2026

NORDECON

Nordecon AS

SUPERVISORY BOARD'S EVALUATION OF THE PERFORMANCE OF THE AUDITOR

Audit firm KPMG Baltics OÜ rendered audit services to Nordecon AS during the 2025 financial year under the audit services agreement signed between KPMG Baltics OÜ and Nordecon AS, which specified duties, schedule and remuneration of the auditor. In the opinion of the supervisory board, KPMG Baltics OÜ rendered the audit services in accordance with the aforesaid agreement and the supervisory board has no concerns over the quality of the audit services. In 2025 Nordecon AS paid the auditor fees of 91 thousand euros in total.

The auditor has responded to the supervisory board's inquiries regarding professional, economic or other relations or connections between the auditor and Nordecon AS or its governing bodies that could influence the auditor's independence. The auditor has confirmed the absence of any relations or connections that could influence its independence in the provision of audit services.

Toomas Luman
Chairman of the supervisory board
29 April 2026