OKGL ANNUAL REPORT FOR FY 2024

As required by para 3.4.3 Annual Report of ABM Rules, Okechamp Global B.V isdisclosing in the attachment its Annual Report for the financial year from01.01.2024 to 31.12.2024, consisting of:1. Management Board Report2. Financial Statements3. Independent Auditor's Report.

According to regulations binding in the Netherlands, and as requested by theauditors in their Letter of Permission dated 31.05.2025, Okechamp Global B.V.isdisclosing the unsigned copy of the Auditor's Report, identical with theoriginal that is signed with wet, handwritten signature of the key auditpartner.

Highlights - as presented in the Management Board Report:

1. In the twelve months of the financial year, total sales reached EUR 186,2million, the 15,2% decrease from the previous year of EUR 219,7 million.2. Total operating result EBITDA (EARNINGS BEFORE INTEREST TAX DEPRECIATIONANDAMORTIZATION) reached EUR 10,6 million, reflecting the decrease of EUR 4,3million compared to the previous year.3. In April 2024 Okechamp B.V. - the subsidiary of The Company - entered intothe sale and lease back transaction. It sold land and buildings in Velden, TheNetherlands. The Company realized capital profit on the sale and lease backtransaction of EUR 10,6 million.4. The net result after taxes (loss) dropped from EUR -4,6 million in 2023 toEUR -8,7 million in 2024.5. The Company's net finance costs dropped to EUR 9,7 million from EUR 11,4million YoY.6. Total assets on 31 December 2024 of EUR 148,2 million were EUR 4,4 millionlower than at the end of 2023 (the decrease of 2,3% YoY).7. The net assets at end of December of EUR 23,6 million were EUR 14,5 millionlower than at the end of 2023 (EUR 38,1 million), that means the decrease of38%YoY.8. The equity ratio was 15,9% on 31 December 2024, compared to 24,0% atyear-endof 2023.9. The Management Board considers 2024 to be a transition year between aperiodof high inflation and instability and a period with a stable, balancedconsumermarket.

For inquiries, please contact: okechamp.global@okechamp.euSJM

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