Roblon

Business and Financial Review • Sep 8, 2023

Roblon A/S Nordhavnsvej 1 DK-9900 Frederikshavn Denmark +45 9620 3300

Roblon completes sale of head office building in Frederikshavn and clarifies full-year guidance for the 2022/23 financial year.

As detailed in Company Announcement no. 7, Roblon signed a letter of intent on 23 June regarding the sale of its head office building in Frederikshavn for a cash-based price of DKKm 27. The sale of the building was subject to the buyer obtaining environmental approval, among other contingencies.

The environmental approval and other contingencies have now been cleared, and the sale of the Frederikshavn head office building is therefore proceeding for agreed takeover end of financial year on 31 October 2023.

The sale of the property is expected to generate a profit of approximately DKKm 17.5, which will be recognised in the income statement under "special items" and will therefore have a positive effect on Roblon's earnings before tax. In addition, the group will receive a net cash inflow in the range of DKKm 25- 26 in connection with the sale of the head office building.

As the item "special items" is reported below operating profit/loss before special items (EBIT), Management's guidance for the 2022/23 financial year is unchanged from the most recently reported guidance in announcement no. 8 dated 14 August 2023:

• · Revenue in the DKKm 360-380 range (2021/22: DKKm 380.9)
• · Operating profit before depreciation, amortisation and impairment and special items (EBITDA) in the range of DKKm 18-28 (2021/22: DKKm 23.4)
• · Operating profit/loss before special items (EBIT) in the range of a loss of DKKm 10-0 (2021/22: a loss of DKKm 3.8)

Management expects revenue and earnings to be realised at the lower end of the guided intervals due to the current slow-down of the FOC market as well as the short order horizon.

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The full-year guidance remains subject to substantial uncertainty.

Frederikshavn, 8 September 2023

Roblon A/S

Jørgen Kjær Jacobsen Lars Østergaard

Chairman of the Board Managing Director and CEO

Enquiries regarding this announcement should be addressed to: Managing Director and CEO Lars Østergaard, tel. +45 9620 3300