Guidance for 2022/23

To Nasdaq OMX Copenhagen A/S

Public announcement no. 515
February 23^rd, 2022

GLUNZ & JENSEN HOLDING A/S GUIDANCE FOR FULL YEAR 2022/23

The Board of Directors have reviewed and approved the budget for the coming year 2022/23. The Board of Directors announces the following consolidated financial guidance for the year 2022/23, commencing April 1^st, 2022:

Highlights

• The revenue for 2022/23 is guided at DKK 150-155 million level (Guidance 2021/22: DKK 145 million level).
• EBITDA for 2022/23 is guided at DKK 20-25 million level (Guidance 2021/22: DKK 23 million level).
• Profit before tax for 2022/23 is guided at DKK 14-18 million level (Guidance 2021/22: DKK 14 million level).

For further information please contact:

CEO Martin Overgaard Hansen: phone +45 22 60 84 05
Chairman of the board Flemming Nyenstad Enevoldsen: phone +45 40 43 13 03