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Investor Presentaiton

nuuday Management review Financial statements Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Parent company Statements 6.5 | Pledges and contingencies 6.6 Events after the balance sheet date 6.7 Overview of group companies at 31 December 2022 Pledges Cash with a carrying amount of DKK 402m are pledged as security for long-term loans. Contingent liabilities Nuuday is party to certain pending lawsuits and cases pending with public authorities and complaints boards. Based on a legal assessment of the possible outcome of each of these lawsuits and cases, Management is of the opinion that these will have no significant adverse effect on Nuuday's financial position. Until 31 December 2022, Nuuday A/S was jointly registered for Danish VAT with the parent company TDC Holding A/S and the majority of its Danish subsidiar- ies and is jointly and severally liable for payment of VAT. Nuuday A/S is liable for obligations at- tributable to the activities, assets and li- abilities of TDC Holding A/S that existed at the demerger on 11 June 2019. The joint and several liabilities of Nuuday A/S and TDC Holding A/S respectively may not exceed an amount corresponding to the net value of the assets and liabilities. In connection with the DKT Finance refi- nancing in February 2023, Nuuday re- deemed it's shareholder loan from TDC Holding A/S. Together with the revolving credit facility the new term loan com- pletes the long term funding of Nuuday. There have been no other events that materially affect the assessment of this Annual Report 2022 after the balance sheet date and up to today. Company name Hiper A/S TDC Telco ApS 4T af 1. oktober 2012 ApSĀ¹ 1 The enterprise is included under the equity method. Domicile Currency Copenhagen, Denmark Taastrup, Denmark Copenhagen, Denmark DKK DKK DKK Ownership share (%) 100 100 25 Nuuday Annual Report 2022 80
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