Page 1

Contents 04 05 Interim report 07 Outlook 08 Statement by the Management Board and the Board of Directors 09 Our businesses 19 Income statement 20 Balance sheet 21 Cash flow statement 22 Statement of changes in equity 23 Notes to the financial statements Key figures and financial ratios schouw + Co 2021 INTERIM REPORT - FIRST QUARTER Company announcement no . 5 6 May 2021