Major Shareholder Announcement

Company Release no. 21/2025

Copenhagen, Denmark, 6 February 2025

Pursuant to Section 30 of the Consolidated Act no. 198 of 26 February 2024 on capital markets, as amended, Penneo A/S hereby announces that on 5 February 2025, Penneo A/S was informed that as of 3 February 2025, Visma Danmark Holding A/S has acquired 32,705,282 shares in Penneo A/S, corresponding to 91.51% of the entire share capital and voting rights in Penneo.

For further information, please see the attached notification form.

Further information

CEO, Christian Stendevad

Mobile (+45) 27 29 50 02

About Penneo

Penneo combines digital signing and Know Your Customer (KYC) workflows into a single platform that streamlines critical business processes for anti-money-laundering regulated B2B companies.

Founded in Copenhagen and operating throughout Europe, Penneo is fast becoming the go-to platform for companies looking to save time on administrative tasks while ensuring complete regulatory compliance and peace of mind for themselves and their clients. Penneo is already trusted by +3,000 companies - including the world’s leading auditors.

For information about Penneo, please visit https://penneo.com/investors/.

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