Interim report
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INTERIM REPORT BY MANAGEMENT OF AD PLASTIK GROUP AND AD PLASTIK D.D. SOLIN FOR THE FIRST NINE MONTHS
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2 www.adplastik.hr _A A brief overview of AD Plastik Group 3 __B Financial indicators 6 ___C Financial statement of AD Plastik Group 18 ____D Financial statement of the company AD Plastik 35 _____E Management‘s statement of responsibility 52 REPORTS FOR THE PERIOD JANUARY 1, 2025 - SEPTEMBER 30, 2025 ____ AD PLASTIK GROUP AND AD PLASTIK D.D. SOLIN The financial statements of all companies within AD Plastik Group have been prepared on a going concern basis. The most recent annual financial statement is available on the Zagreb Stock Exchange website at the following link: https://eho.zse.hr/financijski-izvjestaji/view/29545 The same accounting policies have been applied in preparing the financial statements for the quarterly reporting period as in the most recent annual financial statements.
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3 www.adplastik.hr ____ A BRIEF OVERVIEW OF AD PLASTIK GROUP Operating revenue, EBITDA and net profit 4 Comment by Katija Klepo, President of the Management Board 5 A
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4 www.adplastik.hr OPERATING REVENUE (EUR MILLION) 115.20 3Q 2025 3Q 2024 +3.3% OPERATING REVENUE (EUR MILLION) 87.85 3Q 2025 3Q 2024 +3.3% NET PROFIT (EUR MILLION) 9.30 NET PROFIT (EUR MILLION) 3.80 3Q 2025 3Q 2024 3Q 2025 3Q 2024 EBITDA (EUR MILLION) 13.98 +56.2% 3Q 2025 3Q 2024 3Q 2025 3Q 2024 EBITDA (EUR MILLION) 10.00 +81.4% _____ OPERATING REVENUE, EBITDA AND NET PROFIT AD Plastik d.d.AD Plastik Group +1,499.7% +123.8%
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5 www.adplastik.hr _____ COMMENT BY KATIJA KLEPO, PRESIDENT OF THE MANAGEMENT BOARD T his quarterly report is the first under the mandate of the new Management Board, which, with a clear focus on increasing efficiency and resilience, continues the development of AD Plastik Grupa on stable business founda- tions. The automotive market, after the pandemic, has entered a stabilization phase, but it is still under strong pressure. In - flation and consumer caution are slowing down sales growth, while complex geopolitical circumstances, trade tensions and increasing competition from Chinese manufacturers create ad- ditional uncertainty in the European automotive industry. At the same time, accelerated electrification and investments in sustainable technologies change the structure of the market and place new demands on manufacturers and their suppliers. In such an environment, AD Plastik Group continues to act re- sponsibly and adaptively, with a primary focus on the quality, innovation and sustainability of its solutions. Our priorities are strengthening competitiveness and creating added value through the development of people, knowledge and technol- ogies. Strategically, we are focused on the improvement of production processes through automation, greater efficien- cy and the development of internal competences, including the application of advanced technologies and digitization of processes. Operating revenue in the reporting period amounted to EUR 115.20 million, which represents an increase of 3.3% com- pared to the previous year. Revenue from own production in- creased by 5.6%, with the highest growth of 8.4% recorded in the parent company. EBITDA increased by 56.2% and amount- ed to EUR 13.98 million, or 12.1% of operating revenue. Net profit amounted to EUR 9.30 million, or 8.1% of the Group’s operating revenue. In the same period, the Group’s indebted- ness was further reduced, which strengthened the company’s financial stability. In the upcoming period, the strategic focus will be on further developing partnerships and strengthening sustainability through additional portfolio diversification. New contracted projects, which will enter full serial production in the coming periods, confirm significant room for growth and additional revenue stability. At the same time, continued de- leveraging and responsible cost management further strength- en our financial position and create a solid foundation for fu- ture development. We are confident that consistency, knowledge, readiness for change and flexibility remain the foundation of our competi - tiveness and sustainable growth. With dedicated and reliable business operations, we continue to focus on sustainable growth and value creation for all our stakeholders.
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6 www.adplastik.hr ____ FINANCIAL INDICATORS Financial results for the first nine months of 2025 7 Market trends 11 Affiliated company EAPS 12 ADPL share 14 Addendum 1: Alternative performance measures 16 B
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7 www.adplastik.hr _____ FINANCIAL RESULTS FOR THE FIRST NINE MONTHS OF 2025 I n the third quarter, AD Plastik Group continues with pos- itive financial trends and revenue growth, primarily rev- enue from serial production, while achieving improved profitability, capacity utilization and increased operational efficiency. The Group’s operating revenue in the first nine months amounted to EUR 115.20 million, which is 3.3% higher than in the same period last year, while in the parent company it was also 3.3% higher, amounting to EUR 87.85 million. The structure of revenue makes a significant positive difference visible in the profitability indicators, so the Group’s EBITDA grew by 56.2% and amounted to EUR 13.98 million, while in the parent company it was higher by 81.4% and amounted to EUR 10.00 million. The Group’s EBITDA margin amount- ed to 12.1%, and the parent company’s EBITDA margin was 11.4%. These margin developments were primarily driven by the growth in revenue from serial production of new projects, with a simultaneous decrease in revenue from tools. The Group’s net profit is as much as 16 times higher than in the same period last year and amounted to EUR 9.30 million. In addition to the previously mentioned growth in the EBITDA mar- gin, the strong growth in the Group’s net profit was largely con - tributed by the growth in the share in the profit of the affiliated company in Romania as well as positive exchange rate differences related to the strengthening of the Russian ruble and the Hungarian forint. The net profit of the parent company in the first nine months of the current year amounted to EUR 3.80 million and, in addition to the previously mentioned positive effects, was also influenced by the effect of a lower voted dividend of the affiliated company in Romania compared to the previous year. In the upcoming period, a continuation of the positive trend of growth in production volumes is expected on new projects that have entered serial production, which should have a positive effect on revenue from own production, capacity utilization, efficiency and overall profitability. However, the risk of a stagnant automotive market, both in Europe and in Russia, is still present. In the reporting period, the Group successfully continued to delever- age, which is best reflected in the net financial debt indicator, which decreased by 24.7% compared to the end of last year, or by a sig- nificant EUR 9.96 million. The majority of this debt reduction comes from the parent company, whose net financial debt was lower by EUR 9.38 million, with an increase in the cash position. It is worth mentioning once again that a restructuring of part of the financial debt was successfully carried out in the first quarter of this year, reducing the repayment pressure in the current year and improv- ing the maturity structure of liabilities. With further deleveraging and more favourable interest rate movements, a positive impact on financing costs is expected to be visible in the upcoming period. The achieved results confirm the Group’s ability to effectively adapt to market conditions and challenges and emphasize the importance of strategic orientation that enables improved operational efficien- cy, stable financial position, cost efficiency and continuous develop- ment of new business activities, all as a foundation for long-term and sustainable growth of the Group. AD Plastik Group is comprised of the following com panies during the reporting period: AD Plastik d.d., Croatia AD Plastik Tisza Kft., Hungary ADP d.o.o., Serbia AD Plastik d.o.o., Slovenia AO AD Plastik Togliatti, Russia ZAO AD Plastik Kaluga, Russia (hereinafter: AD Plastik Group or Group)
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8 www.adplastik.hr ____ KEY PERFORMANCE INDICATORS Indicators (in EUR 000) AD Plastik Group AD Plastik d.d. 3Q 2024 3Q 2025 Index 3Q 2024 3Q 2025 Index Operating revenue 111,525 115,202 103.30 85,074 87,852 103.27 Sales revenue 107,576 113,637 105.64 79,889 86,568 108.36 Operating expenses 110,343 110,278 99.94 85,447 85,123 99.62 EBITDA* 8,948 13,977 156.21 5,509 9,994 181.41 EBITDA last 4 quarters* 9,241 18,442 199.56 6,240 12,101 193.92 Net profit 582 9,304 1,599.66 1,700 3,804 223.76 NFD* 45,691 30,385 66.50 42,905 28,218 65.77 NFD/EBITDA last 4 quarters* 4.94 1.65 33.32 6.88 2.33 33.92 EBITDA margin* 8.02% 12.13% 411 bps 6.48% 11.38% 490 bps Net profit margin* 0.52% 8.08% 756 bps 2.00% 4.33% 233 bps ROE* -1.11% 10.47% 1,158 bps 2.87% 2.66% -21 bps Capex* 10,422 3,864 37.08 9,073 3,344 36.85 * In addition to the measures defined by International Financial Reporting Standards (IFRS), AD Plastik Group also uses alternative performance measures in its reports. An overview and definition of the measures used in this document are provided in Addendum 1.
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9www.adplastik.hr _____ NET FINANCIAL RESULT _____ OPERATING EXPENSES Net financial result (in EUR 000) AD Plastik Group AD Plastik d.d. 3Q 2024 3Q 2025 Index 3Q 2024 3Q 2025 Index FINANCIAL REVENUE 246 831 338.6 3,066 2,397 78.2 Positive exchange rate differences - 714 - - - - Interest income 246 118 47.9 451 543 120.5 Dividends - - - 2,615 1,854 70.9 FINANCIAL EXPENSES 1,988 1,037 52.1 993 910 91.6 Negative exchange rate differences 782 - - 3 15 508.7 Interest expenses 1,207 1,037 85.9 990 895 90.4 Financial result -1,743 -205 - 2,073 1,488 71.8 The Group’s net financial result shows a positive impact of the strengthening of the Russian ruble and the Hungarian forint, unlike the same period last year when exchange rate differences had a negative effect. In the parent company, a significant contribution to the financial result, in the amount of EUR 1.85 million, comes from the decision on dividend payment in the affiliated company in Romania, which is nevertheless EUR 0.76 million less than in the first nine months of last year. Although financing costs remain at higher levels, the continuation of the de- leveraging process and the expected further decline in interest rates during the year should result in their reduction. Operating expenses (in EUR 000) AD Plastik Group AD Plastik d.d. 3Q 2024 3Q 2025 Index 3Q 2024 3Q 2025 Index OPERATING EXPENSES 110,343 110,278 99.94 85,447 85,123 99.62 Changes in the value of work in process and finished products 229 -215 -93.66 326 -475 -145.51 Material costs 73,262 69,954 95.48 59,980 55,720 92.90 Staff costs 23,101 25,425 110.06 15,563 18,163 116.70 Amortization 7,766 9,054 116.58 5,882 7,265 123.50 Other costs 3,635 5,423 149.19 3,517 3,977 113.06 Other operating expenses 2,350 638 27.14 179 473 264.63
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10 www.adplastik.hr The continuation of the deleveraging that began at the end of last year is also evident in the first nine months of the current year. The Group’s net financial debt amounted to EUR 30.39 million, representing a decrease of EUR 9.96 million compared to the end of the previous year. At the same time, the parent company’s net financial debt decreased by EUR 9.38 million and amounted to EUR 28.22 million. The NFD/EBITDA indicators of the Group and the parent company have also improved significantly. At the Group level, this indicator now amounts to 1.65, while at the parent company level it is 2.33. Further improvement is expected through continued deleveraging and increased profitability. The Group’s indebtedness ratio was reduced from 0.45, as of December 31, 2024, to 0.40, while it decreased from 0.42 to 0.39 in the parent company. Most of the significant investments related to new projects, including development, specific equipment and returnable packaging, were realized in previous periods, so the planned investments for the current and next years are considerably lower, which will also affect the trend in indebtedness. As previously reported, activities related to the optimization of the structure and maturity of the financial debt, which began last year, were successfully completed in February. Through a partial debt restructuring, the repayment of EUR 9.39 million in liabilities initially planned for 2025 was deferred to subsequent years, thereby balancing the repayment schedule of existing loans and further improving the company’s financial position. _____ FINANCIAL POSITION Abbreviated balance sheet (in 000 EUR) AD Plastik Group AD Plastik d.d. 31 Dec 2024 30 Sept 2025 Index 31 Dec 2024 30 Sept 2025 Index ASSETS 180.877 180.480 99,78 158.091 156.792 99,18 Noncurrent assets 123.919 122.776 99,08 115.790 110.141 95,12 Current assets 55.898 56.947 101,88 41.500 46.108 111,10 Prepaid expenses and accrued income 1.060 757 71,37 801 543 67,88 LIABILITIES 81.969 71.544 87,28 66.546 61.444 92,33 Noncurrent liabilities 20.634 22.424 108,67 18.135 20.377 112,37 Current liabilities 60.549 48.735 80,49 47.782 40.812 85,41 Accrued expenses and deferred revenue 787 385 48,94 630 255 40,41 CAPITAL 98.907 108.936 110,14 91.545 95.348 104,15
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11 www.adplastik.hr T he Group’s revenue generated in the European Union and Serbia markets in the first half of 2025 amounted to EUR 100.64 million, representing a growth of 4.2% compared to the same period of the previous year. Such a development was expected, primarily due to the already mentioned higher revenue from serial production. The share of these markets in the Group’s total revenue was 87.4%. Revenue from the Russian market amounted to EUR 14.56 million and account for the remaining 12.6% of the Group’s revenue. Although business operations in this segment remain separate, it is important to emphasize that the Russian com- panies remain self-sustainable and financially independent of the parent company. After a strong post-pandemic recovery in 2023 (+13.7% com- pared to 2022), the European new passenger car market ex- perienced only modest growth in 2024. Around 10.63 million new cars were registered in the European Union, which is 0.8% more than in 2023. The total European market (EU + EFTA + UK) reached 12.96 million new vehicles (+0.9% year-on-year) – still almost 3 million fewer than in 2019 before the pandemic. High vehicle prices, inflationary pressures and changes in mobility habits have led to new car sales remaining subdued despite improved vehicle availability. In the first half of 2025, new car registrations declined by around 1.9% compared to the first half of 2024. By August 2025, the market was practically at the level of the previous year, meaning that year of 2025 will probably have ended at around the same volume as 2024. High interest rates and the slowdown in the European economy have affected weak demand for new vehicles, especially in key countries such as Germany and France. In 2024, almost all major markets except Spain and Poland either stagnated or declined. Spain stood out with growth of 7.1% (thanks to the acceleration of the replacement of the ag- ing vehicle fleet), while Germany recorded a slight 1% decline, and France a larger decline of 3.2%. Italian market remained almost at the same level (−0.5%). The trends in 2025 by country are similar: Germany and France continue to record a decline in total registered vehicles, while Spain and Poland maintain their growth. Overall, the European new vehicle market has no longer been growing significantly in the last two years, implying that peak in demand may have shifted downwards compared to 2019 volumes. Although the total number of vehicles sold has been stagnating, the powertrain mix is changing rapidly. In 2024, the share of battery electric vehicles (BEV) in the European Union reached 13.6% of the total market (compared to 14.6% the year before), while the share of diesel cars dropped to 11.9%. Hybrid vehicles have become the second most popular option (30.9% share in 2024), right behind petrol cars (33.3%). This trend continues and intensifies in 2025, so in the first 8 months of 2025 hybrids al- ready account for 34.7% of new cars in the EU, and BEVs 15.8%. At the same time, sales of petrol cars have declined to 28.6% of the total market as buyers increasingly choose hybrid models which offer the ideal balance between traditional and electric powertrains, allowing for greater flexibility and lower emissions. Despite the turbulence, the Volkswagen Group still holds a lead- ing position with a 27.1% market share. Stellantis holds 14.2% market share, while the Renault Group holds 10.3% share in the EU market. In the long term, the European automotive industry has been undergoing a new phase of transformation. Regulatory require- ments, environmental awareness and technological innovation are shaping consumer preferences, but the market continues to face challenges – from energy prices to infrastructure avail- ability. Consumers are more cautious than ever, but their interest in more environmentally friendly vehicles is not waning. 2025 is expected to bring growth in sales of electric vehicles, thanks to a wider range of more affordable models and the market’s adaptation to new environmental standards, but also increased competition as new manufacturers enter the European market. ____ MARKET TRENDS
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12 www.adplastik.hr Positions (In EUR 000) 3Q 2024 3Q 2025 Index OPERATING REVENUE 152,778 173,465 113.5 OPERATING EXPENSES 148,971 161,475 108.4 Material costs 95,627 100,893 105.5 Staff costs 29,510 32,762 111.0 Amortization 8,951 10,618 118.6 Other costs 14,883 17,201 115.6 FINANCIAL REVENUE 246 831 338.6 FINANCIAL EXPENSES 2,264 1,129 49.9 TOTAL REVENUE 153,024 174,296 113.9 TOTAL EXPENSES 151,234 162,603 107.5 Profit before taxation 1,789 11,693 653.5 Profit tax 1,208 2,378 197.0 PROFIT OF THE PERIOD 582 9,314 1,601.4 EBITDA 12,758 22,608 177.2 In order to present a clearer picture of the business, a comparable, shortened, consolidated profit and loss account of AD Plastik Group for the first nine months of 2024 and 2025 has been created, with the profit and loss account of the affiliated company Euro Auto Plastic Systems s.r.l. Mioveni, Romania (50% of ownership of AD Plastik d.d.). ____ AFFILIATED COMPANY EAPS AD PLASTIK GROUP WITH THE CONSOLIDATION OF THE CORRESPONDING OWNERSHIP PART IN THE AFFILIATED COMPANY The operating revenue of AD Plastik Group with the consolidated corresponding share in the affiliated company amounted to EUR 173.47 million, recording an increase of 13.5% compared to the comparable period. EBITDA calculated according to the same principle amounted to EUR 22.61 million, representing an increase of 77.2%.
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13 www.adplastik.hr _____ ABBREVIATED P/L AND THE BALANCE SHEET OF THE AFFILIATED COMPANY EAPS Positions (in EUR 000) 3Q 2024 3Q 2025 Index Operating revenue 85,194 121,649 142.8 Operating expenses -79,944 -107,537 134.5 Net financial result -550 -184 33.4 Profit before taxation 4,700 13,929 296.4 Profit tax -550 -2,166 393.8 Profit of the period 4,150 11,762 283.4 Positions (in EUR 000) 31 Dec 2024 30 Sept 2025 Index Noncurrent assets 19,650 21,220 108.0 Current assets 62,432 48,416 77.5 TOTAL ASSETS 82,082 69,636 84.8 Capital + provisions 20,264 28,496 140.6 Noncurrent liabilities and provisions 1,194 3,320 278.1 Current liabilities 60,624 37,820 62.4 TOTAL LIABILITIES 82,082 69,636 84.8 EAPS results have been included in the results of AD Plastik Group by the equity method. EAPS’s operating revenue in the first nine months increased by 42.8% compared to the same period last year and amounted to EUR 121.65 million. This level of revenue confirms that new projects have reached full production volumes. The strong growth in revenue had a positive impact on capacity utilization, operational efficiency and overall profitability, which is confirmed also by the net profit amounting to EUR 11.76 million, which records an increase of 183.4%. After the successful renewal of the machinery park in previous years, capital investments are again at lower levels and amounted to only EUR 0.3 million. EAPS has no financial liabilities towards AD Plastik d.d., nor liabilities towards external entities. As of September 30, 2025, its cash on account amounted to EUR 22 million. The majority of EAPS’s revenue is generated in the Romanian market, while a smaller portion of its revenue is generated in the markets of Turkey, Morocco, Brazil, Colombia and Argentina.
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14 www.adplastik.hr _____ SHARE ADPL + 85.0 % CROBEX + 19.0 % ADPL 2024 3Q 2025 Index Final price (EUR) 9.5 17.5 185.0 Average price (EUR) 12.4 13.0 105.3 The highest price (EUR) 13.9 18.5 133.1 The lowest price (EUR) 9.4 8.5 90.4 Volume 410,813 679,602 165.4 Turnover (EUR) 5,088,190 8,864,988 174.2 Market capitalization (EUR)* 39,728,065 73,492,720 185.0 EPS (EUR)* 0.5 2.6 490.8 * In addition to the measures defined by International Financial Reporting Standards (IFRS), AD Plastik Group also uses alternative performance measures in its reports. An overview and definition of the measures used in this document are provided in Addendum 1. The value of the ADPL share as of September 30, 2025 was EUR 17.5, which represents an increase of 85% compared to the end of 2024, or an increase of 63% compared to the value of the ADPL share on June 30, 2025. The Crobex index grew by 19.0% in the period from the end of the year to September 30, 2025. 31. 12. 2024 31. 01. 2025 30. 04. 2025 30. 09. 2025 30. 06. 2025 28. 02. 2025 31. 03. 2025 31. 05. 2025 31. 07. 2025 31. 08. 2025 4,000.00 3,900.00 3,800.00 3,700.00 3,600.00 3,500.00 3,400.00 3,300.00 3,200.00 3,100.00 3,000.00 19.00 17.00 15.00 13.00 11.00 9.00 7.00
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15 www.adplastik.hr Small shareholders 34.8% AO HAK 30.0% Pension funds 17.4% Management, employees and former employees 12.6% Other institutional investors 4.4% Treasury shares 0.8% OWNERSHIP STRUCTURE AS OF SEPTEMBER 30, 2025 _____ SHARE 34.8% 30.0% 17.4% 12.6% 4.4% 0.8%
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16www.adplastik.hr EBITDA AND EBITDA MARGIN EBITDA (Earnings before Interest, Taxes, Depreciation and Amortiza- tion) represents the operating profit (operating revenue minus oper- ating expenses) increased by amortization of tangible and intangible assets. The company also presents an EBITDA margin that represents a percentage of EBITDA relative to operating revenue. ____ ADDENDUM 1: ALTERNATIVE PERFORMANCE MEASURES In addition to the financial performance measures defined by International Financial Reporting Standards (IFRS), AD Plastik Group also uses certain alternative performance measures in its reports, considering them useful for business performance analysis for investors. Alternative performance measures show comparative periods so that the company’s results can be compared over different periods. NET PROFIT MARGIN It is calculated by the ratio of realized net profit and operating reve- nue. The company uses this measure to track its profitability relative to operating revenue. AD Plastik Group (in EUR 000) 31 Dec 2024 30 Sept 2025 Non-bank loans 2,282 26 Noncurrent liabilities to banks 17,850 19,931 Current liabilities to banks 24,475 16,462 Cash -4,262 -6,033 Net financial debt 40,345 30,385 AD Plastik d.d. (in EUR 000) 31 Dec 2024 30 Sept 2025 Non-bank loans 1,904 26 Noncurrent liabilities to banks 16,178 18,806 Current liabilities to banks 22,562 14,287 Cash -3,046 -4,902 Net financial debt 37,598 28,218 Net debt represents the sum of short-term and long-term liabil- ities to banks and short-term and long-term loans to non-bank- ing companies, minus cash and cash equivalents. AD Plastik Group uses the ratio of net debt to EBITDA as an indicator of financial stability and the company’s ability to repay its finan- cial obligations. When calculating the indicators on a quarterly basis, the EBITDA realized in the last four quarters is taken into account. NET DEBT AND NET DEBT IN RELATION TO EBITDA
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17www.adplastik.hr 31 Dec 2024 30 Sept 2025 Last price in the period (EUR) 9.5 17.5 Number of shares (000) 4,200 4,200 Market capitalization (in EUR 000) 39,728 73,493 31 Dec 2024 30 Sept 2025 Net profit of last 4 quarters (in EUR 000) 2,132 10,854 Average weighted number of shares (000) 4,161 4,165 EPS (EUR) 0.51 2.61 P/E 18.5 6.7 ROE This measure is used to monitor the realized return on equity. It is calculated on an annual and quarterly basis. When calculating the indi- cators on an annual basis, the ratio is the net profit of the current period and the average value of equity (the average value of equity at the end of the reporting period and equity at the beginning of the reporting period). At the quarterly level, it is calculated by the ra- tio of net profit for the last four quarters and the average value of equity (average value of equity at the end of the reporting period and equity at the end of the same period of the previous year). CAPEX Capital investments are indirect cash flow position and they are related to payments for tangible and intangible assets. This measure is used as an indicator of the use of funds to achieve future economic flows and ensure the distribution of funds in accordance with the Group’s strategy. INDEBTEDNESS RATIO The indebtedness ratio is the ratio of total lia- bilities to total assets. This measure is used to monitor the company’s financial risk in terms of growth of liabilities in relation to assets. EPS AND P/E These measures are used so that investors can analyze the value of the share. Earnings per share (EPS) are calculated by dividing net profit by the weighted average number of shares. The quarterly calculation uses the net profit realized in the last four quarters. MARKET CAPITALIZATION Market capitalization is the total market value of the company, and it is calculated as the product of the total number of shares and the last share price on the day of the reporting period. P/E is the ratio of price to earnings per share (EPS). The price represents the share price on the last day of the reporting period, and in the quar- terly calculation, net profit represents the realized profit in the last four quarters.
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18 www.adplastik.hr ____ FINANCIAL STATEMENT OF AD PLASTIK GROUP Issuer’s general data 19 Balance sheet 20 Statement of profit or loss 24 Statement of cash flows (Indirect method) 28 Statement of changes in equity 30 Notes to financial statements - TFI 34 C
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19 www.adplastik.hr ISSUER’S GENERAL DATA ANNEX 1 Reporting period: 01.01.2025 to 30.09.2025 Year: 2025 Quarter: 3. QUARTERLY FINANCIAL STATEMENTS Registration number (MB): 03440494 Issuer’s home Member State code: HR Entity’s registration number (MBS): 060007090 Personal identification number (OIB): 48351740621 LEI: 549300NFX18SRZHNT751 Institution code: 382 Name of the issuer: AD PLASTIK d.d. Postcode and town: 21210 SOLIN Street and house number: Matoševa 8 E-mail address: informacije@adplastik.hr Web address: www.adplastik.hr Number of employees (end of the reporting period): 1,782 Consolidated report: KD (KN-not consolidated/KD-consolidated) Audited: RN (RN-not audited/RD-audited) Names of subsidiaries (according to IFRS): Registered office: MB: AD PLASTIK d.d. Solin, Croatia 03440494 AO AD PLASTIK TOGLIATTI Samara, Russian Federation 1036300221935 ZAO AD PLASTIK KALUGA Kaluga, Ruska Federacija 1074710000320 AD Plastik Tisza Kft. Tiszaujvaros, Mađarska 12800821-2932-133-05 ADP d.o.o. Mladenovac, Srbija 20787538 AD PLASTIK d.o.o. Novo Mesto, Slovenija 1214985000 Bookkeeping firm: No (Yes/No) Contact person: Jurun Krešimir (only name and surname of the contact person) Telephone: 021/206-663 E-mail address: kresimir.jurun@adplastik.hr Audit firm: (name of the audit firm) Certified auditor: (name and surname)
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20 www.adplastik.hr ACTIVE A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID 001 0 0 B) FIXED ASSETS (ADP 003+010+020+031+036) 002 123,918,752 122,776,492 I INTANGIBLE ASSETS (ADP 004 to 009) 003 11,930,938 11,410,637 1 Research and development 004 6,145,036 7,073,461 2 Concessions, patents, licences, trademarks, software and other rights 005 183,988 144,459 3 Goodwill 006 2,390,912 2,390,912 4 Advances for the purchase of intangible assets 007 0 0 5 Intangible assets in preparation 008 3,123,521 1,715,058 6 Other intangible assets 009 87,481 86,747 II TANGIBLE ASSETS (ADP 011 to 019) 010 97,877,661 94,181,350 1 Land 011 18,243,681 18,255,667 2 Buildings 012 33,900,103 33,915,235 3 Plant and equipment 013 29,564,961 27,335,909 4 Tools, working inventory and transportation assets 014 4,875,082 4,544,254 5 Biological assets 015 0 0 6 Advances for the purchase of tangible assets 016 18,610 86,865 7 Tangible assets in preparation 017 5,510,917 5,143,255 8 Other tangible assets 018 2,547,119 1,712,425 9 Investment property 019 3,217,188 3,187,740 III FIXED FINANCIAL ASSETS (ADP 021 to 030) 020 10,812,476 14,329,545 1 Investments in holdings (shares) of undertakings within the group 021 0 0 2 Investments in other securities of undertakings within the group 022 0 0 3 Loans, deposits, etc. to undertakings within the group 023 0 0 4. Investments in holdings (shares) of companies linked by virtue of participating interests 024 10,812,476 14,329,545 5 Investment in other securities of companies linked by virtue of participating interests025 0 0 6 Loans, deposits etc. to companies linked by virtue of participating interests 026 0 0 7 Investments in securities 027 0 0 8 Loans, deposits, etc. given 028 0 0 9 Other investments accounted for using the equity method 029 0 0 10 Other fixed financial assets 030 0 0 IV RECEIVABLES (ADP 032 to 035) 031 0 0 1 Receivables from undertakings within the group 032 0 0 2 Receivables from companies linked by virtue of participating interests 033 0 0 3 Customer receivables 034 0 0 4 Other receivables 035 0 0 V DEFERRED TAX ASSETS 036 3,297,677 2,854,960 Item ADP code Last day of the preceding business year At the reporting date of the current period 1 2 3 4 BALANCE SHEET balance as at 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR)
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21 www.adplastik.hr C) CURRENT ASSETS (ADP 038+046+053+063) 037 55,897,647 56,946,772 I INVENTORIES (ADP 039 to 045) 038 23,464,390 21,469,166 1 Raw materials and consumables 039 11,379,972 10,676,636 2 Work in progress 040 1,778,737 2,212,934 3 Finished goods 041 3,440,216 3,294,175 4 Merchandise 042 5,956,287 4,045,682 5 Advances for inventories 043 909,178 1,239,739 6 Fixed assets held for sale 044 0 0 7 Biological assets 045 0 0 II RECEIVABLES (ADP 047 to 052) 046 28,170,150 29,444,523 1 Receivables from undertakings within the group 047 0 0 2 Receivables from companies linked by virtue of participating interests 048 4,744,454 1,196,073 3 Customer receivables 049 20,300,197 24,630,366 4 Receivables from employees and members of the undertaking 050 26,049 65,050 5 Receivables from government and other institutions 051 2,720,260 3,326,204 6 Other receivables 052 379,190 226,830 III CURRENT FINANCIAL ASSETS (ADP 054 to 062) 053 1,054 50 1 Investments in holdings (shares) of undertakings within the group 054 0 0 2 Investments in other securities of undertakings within the group 055 0 0 3 Loans, deposits, etc. to undertakings within the group 056 0 0 4 Investments in holdings (shares) of companies linked by virtue of participating interests 057 0 0 5 Investment in other securities of companies linked by virtue of participating interests 058 0 0 6 Loans, deposits etc. to companies linked by virtue of participating interests 059 0 0 7 Investments in securities 060 0 0 8 Loans, deposits, etc. given 061 1,054 50 9 Other financial assets 062 0 0 IV CASH AT BANK AND IN HAND 063 4,262,053 6,033,033 D) PREPAID EXPENSES AND ACCRUED INCOME 064 1,060,350 756,756 E) TOTAL ASSETS (ADP 001+002+037+064) 065 180,876,749 180,480,020 F) OFF-BALANCE SHEET ITEMS 066 9,222,292 8,299,160 BALANCE SHEET balance as at 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Last day of the preceding business year At the reporting date of the current period 1 2 3 4
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22 www.adplastik.hr LIABILITIES A) CAPITAL AND RESERVES (ADP 068 to 070+076+077+083+086+089) 067 98,907,353 108,936,161 I INITIAL (SUBSCRIBED) CAPITAL 068 54,594,592 54,594,592 II CAPITAL RESERVES 069 25,893,236 25,893,236 III RESERVES FROM PROFIT (ADP 071+072-073+074+075) 070 10,012,039 10,012,039 1 Legal reserves 071 885,798 885,798 2 Reserves for treasury shares 072 793,595 793,595 3 Treasury shares and holdings (deductible item) 073 -793,595 -793,595 4 Statutory reserves 074 16,639 16,639 5 Other reserves 075 9,109,602 9,109,602 IV REVALUATION RESERVES 076 -4,060,866 -2,757,843 V FAIR VALUE RESERVES AND OTHER (ADP 078 to 082) 077 -7,725,738 -7,884,293 1 Financial assets at fair value through other comprehensive income (i.e. available for sale) 078 0 0 2 Cash flow hedge - effective portion 079 0 0 3 Hedge of a net investment in a foreign operation - effective portion 080 0 0 4 Other fair value reserves 081 0 0 5 Exchange differences arising from the translation of foreign operations (consolidation) 082 -7,725,738 -7,884,293 VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 084-085) 083 18,062,299 19,774,116 1 Retained profit 084 18,062,299 19,774,116 2 Loss brought forward 085 0 0 VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 087-088) 086 2,131,791 9,304,314 1 Profit for the business year 087 2,131,791 9,304,314 2 Loss for the business year 088 0 0 VIII MINORITY (NON-CONTROLLING) INTEREST 089 0 0 B) PROVISIONS (ADP 091 to 096) 090 465,618 465,768 1 Provisions for pensions, termination benefits and similar obligations 091 307,054 306,927 2 Provisions for tax liabilities 092 0 0 3 Provisions for ongoing legal cases 093 0 0 4 Provisions for renewal of natural resources 094 0 0 5 Provisions for warranty obligations 095 0 0 6 Other provisions 096 158,564 158,841 BALANCE SHEET balance as at 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Last day of the preceding business year At the reporting date of the current period 1 2 3 4
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23 www.adplastik.hr C) LONG-TERM LIABILITIES (ADP 098 to 108) 097 20,168,465 21,958,018 1 Liabilities to undertakings within the group 098 0 0 2 Liabilities for loans, deposits, etc. of undertakings within the group 099 0 0 3 Liabilities to companies linked by virtue of participating interests 100 0 0 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests 101 0 0 5 Liabilities for loans, deposits etc. 102 0 25,500 6 Liabilities to banks and other financial institutions 103 17,850,312 19,930,970 7 Liabilities for advance payments 104 0 0 8 Liabilities to suppliers 105 0 0 9 Liabilities for securities 106 0 0 10 Other long-term liabilities 107 1,380,469 979,879 11 Deferred tax liability 108 937,684 1,021,669 D) SHORT-TERM LIABILITIES (ADP 110 to 123) 109 60,548,611 48,735,045 1 Liabilities to undertakings within the group 110 0 0 2 Liabilities for loans, deposits, etc. of undertakings within the group 111 0 0 3 Liabilities to companies linked by virtue of participating interests 112 12,595 15,133 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests 113 0 0 5 Liabilities for loans, deposits etc. 114 2,281,768 0 6 Liabilities to banks and other financial institutions 115 24,474,508 16,461,845 7 Liabilities for advance payments 116 5,937,617 9,136,706 8 Liabilities to suppliers 117 21,671,360 17,301,861 9 Liabilities for securities 118 0 0 10 Liabilities to employees 119 1,774,895 1,863,978 11 Taxes, contributions and similar liabilities 120 2,111,310 2,110,023 12 Liabilities arising from the share in the result 121 22,349 22,349 13 Liabilities arising from fixed assets held for sale 122 0 0 14 Other short-term liabilities 123 2,262,209 1,823,150 E) ACCRUALS AND DEFERRED INCOME 124 786,702 385,028 F) TOTAL – LIABILITIES (ADP 067+090+097+109+124) 125 180,876,749 180,480,020 G) OFF-BALANCE SHEET ITEMS 126 9,222,292 8,299,160 BALANCE SHEET balance as at 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Last day of the preceding business year At the reporting date of the current period 1 2 3 4
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24 www.adplastik.hr I OPERATING INCOME (ADP 002 to 006) 001 111,525,017 31,226,382 115,201,711 40,023,085 1 Income from sales with undertakings within the group 002 0 0 0 0 2 Income from sales (outside group) 003 107,575,543 30,191,569 113,637,477 39,615,138 3 Income from the use of own products, goods and services 004 124,129 2,126 148,943 139,830 4 Other operating income with undertakings within the group 005 0 0 0 0 5 Other operating income (outside the group) 006 3,825,345 1,032,687 1,415,291 268,117 II OPERATING EXPENSES (ADP 08+009+013+017+018+019+022+029) 007 110,342,878 31,498,167 110,278,147 38,773,938 1 Changes in inventories of work in progress and finished goods 008 229,358 142,915 -214,808 -158,567 2 Material costs (ADP 010 to 012) 009 73,262,087 19,363,652 69,953,734 25,110,544 a) Costs of raw materials and consumables 010 46,659,384 14,066,167 52,321,349 17,710,645 b) Costs of goods sold 011 18,117,305 2,564,384 8,666,478 4,063,454 c) Other external costs 012 8,485,398 2,733,101 8,965,907 3,336,445 3 Staff costs (ADP 014 to 016) 013 23,101,197 7,713,420 25,424,979 8,622,962 a) Net salaries and wages 014 14,496,816 4,825,219 15,747,826 5,152,397 b) Tax and contributions from salary costs 015 5,383,087 1,803,141 6,080,146 2,202,290 c) Contributions on salaries 016 3,221,294 1,085,060 3,597,007 1,268,275 4 Depreciation 017 7,765,868 2,698,072 9,053,767 3,232,077 5 Other costs 018 3,634,778 1,226,808 5,422,811 1,856,865 6 Value adjustments (ADP 020+021) 019 0 0 0 0 a) fixed assets other than financial assets 020 0 0 0 0 b) current assets other than financial assets 021 0 0 0 0 7 Provisions (ADP 023 to 028) 022 0 0 0 0 a) Provisions for pensions, termination benefits and similar obligations 023 0 0 0 0 b) Provisions for tax liabilities 024 0 0 0 0 c) Provisions for ongoing legal cases 025 0 0 0 0 d) Provisions for renewal of natural resources 026 0 0 0 0 e) Provisions for warranty obligations 027 0 0 0 0 f) Other provisions 028 0 0 0 0 8 Other operating expenses 029 2,349,590 353,300 637,664 110,057 STATEMENT OF PROFIT OR LOSS for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period Cumulative Quarter Cumulative Quarter 1 2 3 4 5 6
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25 www.adplastik.hr III FINANCIAL INCOME (ADP 031 to 040) 030 245,580 29,046 831,471 27,802 1 Income from investments in holdings (shares) of undertakings within the group 031 0 0 0 0 2 Income from investments in holdings (shares) of companies linked by virtue of participating interests 032 0 0 0 0 3 Income from other long-term financial investment and loans granted to undertakings within the group 033 0 0 0 0 4 Other interest income from operations with undertakings within the group 034 0 0 0 0 5 Exchange rate differences and other financial income from operations with undertakings within the group 035 0 0 588,011 0 6 Income from other long-term financial investments and loans 036 0 0 0 0 7 Other interest income 037 245,580 29,046 117,657 27,802 8 Exchange rate differences and other financial income 038 0 0 125,803 0 9 Unrealised gains (income) from financial assets 039 0 0 0 0 10 Other financial income 040 0 0 0 0 IV FINANCIAL EXPENSES (ADP 042 to 048) 041 1,988,462 1,242,666 1,036,652 483,405 1 Interest expenses and similar expenses with undertakings within the group 042 0 0 0 0 2 Exchange rate differences and other expenses from operations with undertakings within the group 043 308,067 636,329 0 92,375 3 Interest expenses and similar expenses 044 1,206,960 406,181 1,036,652 322,343 4 Exchange rate differences and other expenses 045 473,435 200,156 0 68,687 5 Unrealised losses (expenses) from financial assets 046 0 0 0 0 6 Value adjustments of financial assets (net) 047 0 0 0 0 7 Other financial expenses 048 0 0 0 0 V SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VIRTUE OF PARTICIPATING INTERESTS 049 2,074,880 628,380 5,881,230 1,319,416 VI SHARE IN PROFIT FROM JOINT VENTURES 050 0 0 0 0 VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF PARTICIPATING INTEREST 051 0 0 0 0 VIII SHARE IN LOSS OF JOINT VENTURES 052 0 0 0 0 IX TOTAL INCOME (ADP 001+030+049 +050) 053 113,845,477 31,883,808 121,914,412 41,370,303 X TOTAL EXPENDITURE (ADP 007+041+051 + 052) 054 112,331,340 32,740,833 111,314,799 39,257,343 STATEMENT OF PROFIT OR LOSS for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period Cumulative Quarter Cumulative Quarter 1 2 3 4 5 6
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26 www.adplastik.hr XI PRE-TAX PROFIT OR LOSS (ADP 053-054) 055 1,514,137 -857,025 10,599,613 2,112,960 1 Pre-tax profit (ADP 053-054) 056 1,514,137 0 10,599,613 2,112,960 2 Pre-tax loss (ADP 054-053) 057 0 -857,025 0 0 XII INCOME TAX 058 932,495 382,838 1,295,299 269,289 XIII PROFIT OR LOSS FOR THE PERIOD (ADP 055-059) 059 581,642 -1,239,863 9,304,314 1,843,671 1 Profit for the period (ADP 055-059) 060 581,642 0 9,304,314 1,843,671 2 Loss for the period (ADP 059-055) 061 0 -1,239,863 0 0 DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued operations) XIV PRE-TAX PROFIT OR LOSS OF DISCONTINUED OPERATIONS (ADP 063-064) 062 0 0 0 0 1 Pre-tax profit from discontinued operations 063 0 0 0 0 2 Pre-tax loss on discontinued operations 064 0 0 0 0 XV INCOME TAX OF DISCONTINUED OPERATIONS 065 0 0 0 0 1 Discontinued operations profit for the period (ADP 062-065) 066 0 0 0 0 2 Discontinued operations loss for the period (ADP 065-062) 067 0 0 0 0 TOTAL OPERATIONS (to be filled in only by undertakings subject to IFRS with discontinued operations) XVI PRE-TAX PROFIT OR LOSS (ADP 055-+062) 068 0 0 0 0 1 Pre-tax profit (ADP 068) 069 0 0 0 0 2 Pre-tax loss (ADP 068) 070 0 0 0 0 XVII INCOME TAX (ADP 058+065) 071 0 0 0 0 XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 068-071) 072 0 0 0 0 1 Profit for the period (ADP 068-071) 073 0 0 0 0 2 Loss for the period (ADP 071-068) 074 0 0 0 0 APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements) XIX PROFIT OR LOSS FOR THE PERIOD (ADP 076+077) 075 581,642 -1,239,863 9,304,314 1,843,671 1 Attributable to owners of the parent 076 581,642 -1,239,863 9,304,314 1,843,671 2 Attributable to minority (non-controlling) interest 077 0 0 0 0 STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS) I PROFIT OR LOSS FOR THE PERIOD 078 581,642 -1,239,863 9,304,314 1,843,671 II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX (ADP 80+ 87) 079 -661,800 -1,429,124 723,449 -846,878 STATEMENT OF PROFIT OR LOSS for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period Cumulative Quarter Cumulative Quarter 1 2 3 4 5 6
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27 www.adplastik.hr III Items that will not be reclassified to profit or loss (ADP 081 to 085) 080 0 0 0 0 1 Changes in revaluation reserves of fixed tangible and intangible assets 081 0 0 0 0 2 Gains or losses from subsequent measurement of equity instruments at fair value through other comprehensive income 082 0 0 0 0 3 Fair value changes of financial liabilities at fair value through statement of profit or loss, attributable to changes in their credit risk 083 0 0 0 0 4 Actuarial gains/losses on the defined benefit obligation 084 0 0 0 0 5 Other items that will not be reclassified 085 0 0 0 0 6 Income tax relating to items that will not be reclassified 086 0 0 0 0 IV Items that may be reclassified to profit or loss (ADP 088 to 095) 087 -661,800 -1,429,124 723,449 -846,878 1 Exchange rate differences from translation of foreign operations088 -661,800 -1,429,124 723,449 -846,878 2 Gains or losses from subsequent measurement of debt securities at fair value through other comprehensive income 089 0 0 0 0 3 Profit or loss arising from effective cash flow hedging 090 0 0 0 0 4 Profit or loss arising from effective hedge of a net investment in a foreign operation 091 0 0 0 0 5 Share in other comprehensive income/loss of companies linked by virtue of participating interests 092 0 0 0 0 6 Changes in fair value of the time value of option 093 0 0 0 0 7 Changes in fair value of forward elements of forward contracts 094 0 0 0 0 8 Other items that may be reclassified to profit or loss 095 0 0 0 0 9 Income tax relating to items that may be reclassified to profit or loss 096 0 0 0 0 V NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 080+087- 086 - 096) 097 -661,800 -1,429,124 723,449 -846,878 VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 078+097) 098 -80,158 -2,668,987 10,027,763 996,793 APPENDIX to the Statement on comprehensive income (to be filled in by undertakings that draw up consolidated statements) VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 100+101) 099 -80,158 -2,668,987 10,027,763 996,793 1 Attributable to owners of the parent 100 -80,158 -2,668,987 10,027,763 996,793 2 Attributable to minority (non-controlling) interest 101 0 0 0 0 STATEMENT OF PROFIT OR LOSS for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period Cumulative Quarter Cumulative Quarter 1 2 3 4 5 6
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28 www.adplastik.hr CASH FLOW FROM OPERATING ACTIVITIES 1 Pre-tax profit 001 1,514,137 10,599,613 2 Adjustments (ADP 003 to 010): 002 4,865,244 3,637,125 a) Depreciation 003 7,765,868 9,053,767 b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets 004 -218,564 239,355 c) Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets 005 0 0 d) Interest and dividend income 006 -245,580 -117,657 e) Interest expenses 007 1,206,960 1,036,652 f) Provisions 008 0 0 g) Exchange rate differences (unrealised) 009 190,441 -693,763 h) Other adjustments for non-cash transactions and unrealised gains and losses 010 -3,833,881 -5,881,229 I Cash flow increase or decrease before changes in working capital (ADP 001+002) 011 6,379,381 14,236,738 3 Changes in the working capital (ADP 013 to 016) 012 4,388,237 -313,242 a) Increase or decrease in short-term liabilities 013 -4,449,941 1,144,307 b) Increase or decrease in short-term receivables 014 2,575,629 -3,756,368 c) Increase or decrease in inventories 015 6,262,549 1,995,224 d) Other increase or decrease in working capital 016 0 303,595 II Cash from operations (ADP 011+012) 017 10,767,618 13,923,496 4 Interest paid 018 -1,217,276 -1,112,607 5 Income tax paid 019 -54,091 -1,079,068 A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) 020 9,496,251 11,731,821 CASH FLOW FROM INVESTMENT ACTIVITIES 1 Cash receipts from sales of fixed tangible and intangible assets 021 961,316 122,666 2 Cash receipts from sales of financial instruments 022 0 0 3 Interest received 023 248,404 118,104 4 Dividends received 024 617,862 4,642,159 5 Cash receipts from repayment of loans and deposits 025 0 0 6 Other cash receipts from investment activities 026 0 0 STATEMENT OF CASH FLOWS (INDIRECT METHOD) for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period 1 2 3 4
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29 www.adplastik.hr III Total cash receipts from investment activities (ADP 021 to 026) 027 1,827,582 4,882,929 1 Cash payments for the purchase of fixed tangible and intangible assets 028 -10,422,059 -3,864,267 2 Cash payments for the acquisition of financial instruments 029 0 0 3 Cash payments for loans and deposits for the period 030 0 0 4 Acquisition of a subsidiary, net of cash acquired 031 0 0 5 Other cash payments from investment activities 032 0 0 IV Total cash payments from investment activities (ADP 028 to 032) 033 -10,422,059 -3,864,267 B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033) 034 -8,594,477 1,018,662 CASH FLOW FROM FINANCING ACTIVITIES 1 Cash receipts from the increase in initial (subscribed) capital 035 0 0 2 Cash receipts from the issue of equity financial instruments and debt financial instruments 036 0 0 3 Cash receipts from credit principals, loans and other borrowings 037 18,498,231 13,812,398 4 Other cash receipts from financing activities 038 0 0 V Total cash receipts from financing activities (ADP 035 to 038) 039 18,498,231 13,812,398 1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments 040 -21,082,927 -23,365,549 2 Cash payments for dividends 041 0 0 3 Cash payments for finance lease 042 -632,101 -718,504 4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital 043 0 0 5 Other cash payments from financing activities 044 0 0 VI Total cash payments from financing activities (ADP 040 to 044) 045 -21,715,028 -24,084,053 C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045) 046 -3,216,797 -10,271,655 1 Unrealised exchange rate differences in respect of cash and cash equivalents 047 -13,917 -20,050 D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047) 048 -2,328,940 2,458,778 E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 049 3,249,551 3,043,873 F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (ADP 048+049) 050 920,611 5,502,651 Item ADP code Same period of the previous year Current period 1 2 3 4 STATEMENT OF CASH FLOWS (INDIRECT METHOD) for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR)
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30 www.adplastik.hr STATEMENT OF CHANGES IN EQUITY for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) PREVIOUS PERIOD 1 Balance on the first day of the previous business year 01 54,594,592 25,938,305 885,798 2,772,641 871,127 16,639 6,880,988 -3,796,100 0 0 0 0 -6,626,452 19,939,404 -1,271,328 98,463,360 0 98,463,360 2 Changes in accounting policies 02 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 Correction of errors 03 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 Balance on the first day of the previous business year (restated) (ADP 01 to 03) 04 54,594,592 25,938,305 885,798 2,772,641 871,127 16,639 6,880,988 -3,796,100 0 0 0 0 -6,626,452 19,939,404 -1,271,328 98,463,360 0 98,463,360 5 Profit/loss of the period 05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 581,642 581,642 0 581,642 6 Exchange rate differences from translation of foreign operations 06 0 0 0 0 0 0 0 0 0 0 0 0 -270,758 0 0 -270,758 0 -270,758 7 Changes in revaluation reserves of fixed tangible and intangible assets 07 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 Gains or losses from subsequent measurement of financial assets at fair value through other comprehensive income (available for sale) 08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 Profit or loss arising from effective cash flow hedge 09 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 Profit or loss arising from effective hedge of a net investment in a foreign operation 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11 Share in other comprehensive income/ loss of companies linked by virtue of participating interests 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12 Actuarial gains/losses on the defined benefit obligation 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13 Other changes in equity unrelated to owners 13 0 0 0 0 0 0 0 -476,880 0 0 0 0 0 0 0 -476,880 0 -476,880 14 Tax on transactions recognised directly in equity 14 0 0 0 0 0 0 0 85,838 0 0 0 0 0 0 0 85,838 0 85,838 Item ADP code Attributable to owners of the parent Minority (non-controlling) interest Total capital and reserves Initial (subscribed) capital Capital reserves Legal reserves Reserves for treasury shares Treasury shares and holdings (deductible item) Statutory reserves Other reserves Revaluation reserves Fair value of financial assets through other comprehensive income (available for sale) Cash flow hedge - effective portion Hedge of a net investment in a foreign operation - effective portion Other fair value reserves Exchange rate differences from translation of foreign operations Retained profit / loss brought forward Profit/loss for the business year Total attributable to owners of the parent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 (3 to 6 - 7 + 8 to 17) 19 20 (18+19)
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31 www.adplastik.hr 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure 16 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit 17 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18 Redemption of treasury shares/holdings 18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19 Payments from members/shareholders 19 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 Payment of share in profit/dividend 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21 Other distributions and payments to members/shareholders 21 0 0 0 -1,901,514 0 0 1,612,517 296,951 0 0 0 0 0 -8,350 0 -396 0 -396 22 Transfer to reserves according to the annual schedule 22 0 0 0 0 0 0 0 0 0 0 0 0 0 -1,271,328 1,271,328 0 0 0 23 Increase in reserves arising from the pre- bankruptcy settlement procedure 23 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24 Balance on the last day of the previous business year reporting period (ADP 04 to 23) 24 54,594,592 25,938,305 885,798 871,127 871,127 16,639 8,493,505 -3,890,191 0 0 0 0 -6,897,210 18,659,726 581,642 98,382,806 0 98,382,806 APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF TAX (ADP 06 to 14) 25 0 0 0 0 0 0 0 -391,042 0 0 0 0 -270,758 0 0 -661,800 0 -661,800 II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP 05+25) 26 0 0 0 0 0 0 0 -391,042 0 0 0 0 -270,758 0 581,642 -80,158 0 -80,158 III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 23) 27 0 0 0 -1,901,514 0 0 1,612,517 296,951 0 0 0 0 0 -1,279,678 1,271,328 -396 0 -396 STATEMENT OF CHANGES IN EQUITY for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Attributable to owners of the parent Minority (non-controlling) interest Total capital and reserves Initial (subscribed) capital Capital reserves Legal reserves Reserves for treasury shares Treasury shares and holdings (deductible item) Statutory reserves Other reserves Revaluation reserves Fair value of financial assets through other comprehensive income (available for sale) Cash flow hedge - effective portion Hedge of a net investment in a foreign operation - effective portion Other fair value reserves Exchange rate differences from translation of foreign operations Retained profit / loss brought forward Profit/loss for the business year Total attributable to owners of the parent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 (3 to 6 - 7 + 8 to 17) 19 20 (18+19)
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32 www.adplastik.hr CURRENT PERIOD 1 Balance on the first day of the current business year 28 54,594,592 25,893,236 885,798 793,595 793,595 16,639 9,109,602 -4,060,866 0 0 0 0 -7,725,738 18,062,299 2,131,791 98,907,353 0 98,907,353 2 Changes in accounting policies 29 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 Correction of errors 30 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 Balance on the first day of the current business year (restated) (AOP 28 to 30) 31 54,594,592 25,893,236 885,798 793,595 793,595 16,639 9,109,602 -4,060,866 0 0 0 0 -7,725,738 18,062,299 2,131,791 98,907,353 0 98,907,353 5 Profit/loss of the period 32 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9,304,314 9,304,314 0 9,304,314 6 Exchange rate differences from translation of foreign operations 33 0 0 0 0 0 0 0 0 0 0 0 0 -158,555 0 0 -158,555 0 -158,555 7 Changes in revaluation reserves of fixed tangible and intangible assets 34 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 Gains or losses from subsequent measurement of financial assets at fair value through other comprehensive income (available for sale) 35 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 Profit or loss arising from effective cash flow hedge 36 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 Profit or loss arising from effective hedge of a net investment in a foreign operation 37 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11 Share in other comprehensive income/ loss of companies linked by virtue of participating interests 38 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12 Actuarial gains/losses on the defined benefit obligation 39 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13 Other changes in equity unrelated to owners 40 0 0 0 0 0 0 0 1,075,615 0 0 0 0 0 0 0 1,075,615 0 1,075,615 14 Tax on transactions recognised directly in equity 41 0 0 0 0 0 0 0 -193,611 0 0 0 0 0 0 0 -193,611 0 -193,611 STATEMENT OF CHANGES IN EQUITY for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Attributable to owners of the parent Minority (non-controlling) interest Total capital and reserves Initial (subscribed) capital Capital reserves Legal reserves Reserves for treasury shares Treasury shares and holdings (deductible item) Statutory reserves Other reserves Revaluation reserves Fair value of financial assets through other comprehensive income (available for sale) Cash flow hedge - effective portion Hedge of a net investment in a foreign operation - effective portion Other fair value reserves Exchange rate differences from translation of foreign operations Retained profit / loss brought forward Profit/loss for the business year Total attributable to owners of the parent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 (3 to 6 - 7 + 8 to 17) 19 20 (18+19)
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33 www.adplastik.hr 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) 42 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure 43 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18 Redemption of treasury shares/holdings 45 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19 Payments from members/shareholders 46 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 Payment of share in profit/dividend 47 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21 Other distributions and payments to members/shareholders 48 0 0 0 0 0 0 0 421,019 0 0 0 0 0 -419,974 0 1,045 0 1,045 22 Carryforward per annual plane 49 0 0 0 0 0 0 0 0 0 0 0 0 0 2,131,791 -2,131,791 0 0 0 23 Increase in reserves arising from the pre- bankruptcy settlement procedure 50 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24 Balance on the last day of the current business year reporting period (ADP 31 to 50) 51 54,594,592 25,893,236 885,798 793,595 793,595 16,639 9,109,602 -2,757,843 0 0 0 0 -7,884,293 19,774,116 9,304,314 108,936,161 0 108,936,161 APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD,NET OF TAX (ADP 33 to 41) 52 0 0 0 0 0 0 0 882,004 0 0 0 0 -158,555 0 0 723,449 0 723,449 II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 32 do 52) 53 0 0 0 0 0 0 0 882,004 0 0 0 0 -158,555 0 9,304,314 10,027,763 0 10,027,763 III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 42 to 50) 54 0 0 0 0 0 0 0 421,019 0 0 0 0 0 1,711,817 -2,131,791 1,045 0 1,045 STATEMENT OF CHANGES IN EQUITY for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Attributable to owners of the parent Minority (non-controlling) interest Total capital and reserves Initial (subscribed) capital Capital reserves Legal reserves Reserves for treasury shares Treasury shares and holdings (deductible item) Statutory reserves Other reserves Revaluation reserves Fair value of financial assets through other comprehensive income (available for sale) Cash flow hedge - effective portion Hedge of a net investment in a foreign operation - effective portion Other fair value reserves Exchange rate differences from translation of foreign operations Retained profit / loss brought forward Profit/loss for the business year Total attributable to owners of the parent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 (3 to 6 - 7 + 8 to 17) 19 20 (18+19)
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34 www.adplastik.hr NOTES TO FINANCIAL STATEMENTS - TFI (DRAWN UP FOR QUARTERLY REPORTING PERIODS) Notes to financial statements are available as part of AD Plastik Group’s Unaudited financial statement. Unaudited financial statement is available on Zagreb Stock Exchange website. AD Plastik Group Integrated annual report for 2024 year is available on Zagreb Stock Ex- change website. Same accounting policies are applied while drawing up financial statements for current reporting period as in the latest annual finan- cial statements. AD Plastik d.d. has issued corporate guaran- tees for the needs of subsidiaries in the fol- lowing amounts: to banks EUR 7,700 thou- sand, and to the suppliers EUR 50 thousand. Amount owed by AD Plastik Group and falling due after more than five years amounts to EUR 412 thousand. The average number of employees of AD Plastik Group in the period from 1. 1. 2025 to 30. 9. 2025 was 1,789. In intangible assets in the period from 1. 1. 2025 to 30. 9. 2025, the cost of net sal- aries and wages of EUR 430,391, the cost of taxes and contributions from salaries of EUR 177,777 and the cost of contributions to sal- aries of EUR 94,062 were capitalized. During the reporting period, deferred tax as - sets were decreased in the amount of EUR 443 thousand, while deferred tax liabilities were increased in the amount of EUR 84 thou- sand. On 31. 12. 2024 deferred tax assets of AD Plastik Grupa was EUR 3,298 thousand, while deferred tax liabilities was EUR 938 thousand. The difference in cash and cash equivalents in the cash flow statement compared to the statement of financial position in the amount of EUR 530 thousand refers to the current account overdraft balance. Name of the issuer: AD PLASTIK d.d. Headquarter: Ul. Antuna Gustava Matoša 8, 21210, Solin, Croatia Personal identification number (OIB): 48351740621 MBS: 060007090 Reporting period: 01.01.2025 - 30.09.2025
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35 www.adplastik.hr ____ FINANCIAL STATEMENT OF THE COMPANY AD PLASTIK Issuer’s general data 36 Balance sheet 37 Statement of profit or loss 41 Statement of cash flows (Indirect method) 45 Statement of changes in equity 47 Notes to financial statements - TFI 51 D
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36 www.adplastik.hr ISSUER’S GENERAL DATA ANNEX 1 Reporting period: 01.01.2025 to 30.09.2025 Year: 2025 Quarter: 3. QUARTERLY FINANCIAL STATEMENTS Registration number (MB): 03440494 Issuer’s home Member State code: HR Entity’s registration number (MBS): 060007090 Personal identification number (OIB): 48351740621 LEI: 549300NFX18SRZHNT751 Institution code: 382 Name of the issuer: AD PLASTIK d.d. Postcode and town: 21210 SOLIN Street and house number: Matoševa 8 E-mail address: informacije@adplastik.hr Web address: www.adplastik.hr Number of employees (end of the reporting period): 1,126 Consolidated report: KN (KN-not consolidated/KD-consolidated) Audited: RN (RN-not audited/RD-audited) Bookkeeping firm: No (Yes/No) Contact person: Jurun Krešimir (only name and surname of the contact person) Telephone: 021/206-663 E-mail address: kresimir.jurun@adplastik.hr Audit firm: (name of the audit firm) Certified auditor: (name and surname)
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37 www.adplastik.hr ACTIVE A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID 001 0 0 B) FIXED ASSETS (ADP 003+010+020+031+036) 002 115,790,001 110,140,504 I INTANGIBLE ASSETS (ADP 004 to 009) 003 9,278,055 8,819,149 1 Research and development 004 6,008,393 7,012,593 2 Concessions, patents, licences, trademarks, software and other rights 005 140,415 91,024 3 Goodwill 006 0 0 4 Advances for the purchase of intangible assets 007 0 0 5 Intangible assets in preparation 008 3,123,521 1,711,200 6 Other intangible assets 009 5,726 4,332 II TANGIBLE ASSETS (ADP 011 to 019) 010 74,430,896 70,606,232 1 Land 011 17,365,617 17,335,897 2 Buildings 012 23,548,739 23,026,862 3 Plant and equipment 013 21,672,755 19,670,853 4 Tools, working inventory and transportation assets 014 3,969,001 3,777,672 5 Biological assets 015 0 0 6 Advances for the purchase of tangible assets 016 0 0 7 Tangible assets in preparation 017 2,511,367 2,187,506 8 Other tangible assets 018 2,146,229 1,419,702 9 Investment property 019 3,217,188 3,187,740 III FIXED FINANCIAL ASSETS (ADP 021 to 030) 020 26,695,953 25,743,079 1 Investments in holdings (shares) of undertakings within the group 021 10,099,527 10,099,527 2 Investments in other securities of undertakings within the group 022 0 0 3 Loans, deposits, etc. to undertakings within the group 023 13,709,021 12,756,147 4. Investments in holdings (shares) of companies linked by virtue of participating interests 024 2,887,405 2,887,405 5 Investment in other securities of companies linked by virtue of participating interests 025 0 0 6 Loans, deposits etc. to companies linked by virtue of participating interests 026 0 0 7 Investments in securities 027 0 0 8 Loans, deposits, etc. given 028 0 0 9 Other investments accounted for using the equity method 029 0 0 10 Other fixed financial assets 030 0 0 IV RECEIVABLES (ADP 032 to 035) 031 2,221,566 2,221,566 1 Receivables from undertakings within the group 032 2,221,566 2,221,566 2 Receivables from companies linked by virtue of participating interests 033 0 0 3 Customer receivables 034 0 0 4 Other receivables 035 0 0 V DEFERRED TAX ASSETS 036 3,163,531 2,750,478 Item ADP code Last day of the preceding business year At the reporting date of the current period 1 2 3 4 BALANCE SHEET balance as at 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR)
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38 www.adplastik.hr C) CURRENT ASSETS (ADP 038+046+053+063) 037 41,500,447 46,108,321 I INVENTORIES (ADP 039 to 045) 038 11,294,327 11,431,807 1 Raw materials and consumables 039 6,447,952 5,837,757 2 Work in progress 040 1,071,089 1,452,086 3 Finished goods 041 1,817,904 1,910,799 4 Merchandise 042 1,362,358 1,313,213 5 Advances for inventories 043 595,024 917,952 6 Fixed assets held for sale 044 0 0 7 Biological assets 045 0 0 II RECEIVABLES (ADP 047 to 052) 046 23,892,746 26,755,636 1 Receivables from undertakings within the group 047 4,599,104 4,009,085 2 Receivables from companies linked by virtue of participating interests 048 4,744,454 1,196,073 3 Customer receivables 049 12,572,559 18,624,808 4 Receivables from employees and members of the undertaking 050 8,863 24,166 5 Receivables from government and other institutions 051 1,644,738 2,737,649 6 Other receivables 052 323,028 163,855 III CURRENT FINANCIAL ASSETS (ADP 054 to 062) 053 3,267,354 3,019,845 1 Investments in holdings (shares) of undertakings within the group 054 0 0 2 Investments in other securities of undertakings within the group 055 0 0 3 Loans, deposits, etc. to undertakings within the group 056 3,267,354 3,019,845 4 Investments in holdings (shares) of companies linked by virtue of participating interests 057 0 0 5 Investment in other securities of companies linked by virtue of participating interests 058 0 0 6 Loans, deposits etc. to companies linked by virtue of participating interests 059 0 0 7 Investments in securities 060 0 0 8 Loans, deposits, etc. given 061 0 0 9 Other financial assets 062 0 0 IV CASH AT BANK AND IN HAND 063 3,046,020 4,901,033 D) PREPAID EXPENSES AND ACCRUED INCOME 064 800,592 543,437 E) TOTAL ASSETS (ADP 001+002+037+064) 065 158,091,040 156,792,262 F) OFF-BALANCE SHEET ITEMS 066 9,222,292 8,299,160 BALANCE SHEET balance as at 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Last day of the preceding business year At the reporting date of the current period 1 2 3 4
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39 www.adplastik.hr LIABILITIES A) CAPITAL AND RESERVES (ADP 068 to 070+076+077+083+086+089) 067 91,544,741 95,348,281 I INITIAL (SUBSCRIBED) CAPITAL 068 54,594,592 54,594,592 II CAPITAL RESERVES 069 25,839,403 25,839,403 III RESERVES FROM PROFIT (ADP 071+072-073+074+075) 070 9,923,041 9,923,041 1 Legal reserves 071 813,439 813,439 2 Reserves for treasury shares 072 793,595 793,595 3 Treasury shares and holdings (deductible item) 073 -793,595 -793,595 4 Statutory reserves 074 0 0 5 Other reserves 075 9,109,602 9,109,602 IV REVALUATION RESERVES 076 0 0 V FAIR VALUE RESERVES AND OTHER (ADP 078 to 082) 077 0 0 1 Financial assets at fair value through other comprehensive income (i.e. available for sale) 078 0 0 2 Cash flow hedge - effective portion 079 0 0 3 Hedge of a net investment in a foreign operation - effective portion 080 0 0 4 Other fair value reserves 081 0 0 5 Exchange differences arising from the translation of foreign operations (consolidation) 082 0 0 VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 084-085) 083 789,991 1,187,705 1 Retained profit 084 789,991 1,187,705 2 Loss brought forward 085 0 0 VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 087-088) 086 397,714 3,803,540 1 Profit for the business year 087 397,714 3,803,540 2 Loss for the business year 088 0 0 VIII MINORITY (NON-CONTROLLING) INTEREST 089 0 0 B) PROVISIONS (ADP 091 to 096) 090 369,303 369,303 1 Provisions for pensions, termination benefits and similar obligations 091 216,434 216,434 2 Provisions for tax liabilities 092 0 0 3 Provisions for ongoing legal cases 093 0 0 4 Provisions for renewal of natural resources 094 0 0 5 Provisions for warranty obligations 095 0 0 6 Other provisions 096 152,869 152,869 BALANCE SHEET balance as at 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Last day of the preceding business year At the reporting date of the current period 1 2 3 4
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40 www.adplastik.hr C) LONG-TERM LIABILITIES (ADP 098 to 108) 097 17,765,415 20,007,818 1 Liabilities to undertakings within the group 098 0 0 2 Liabilities for loans, deposits, etc. of undertakings within the group 099 0 0 3 Liabilities to companies linked by virtue of participating interests 100 0 0 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests 101 0 0 5 Liabilities for loans, deposits etc. 102 0 25,500 6 Liabilities to banks and other financial institutions 103 16,178,242 18,805,970 7 Liabilities for advance payments 104 0 0 8 Liabilities to suppliers 105 0 0 9 Liabilities for securities 106 0 0 10 Other long-term liabilities 107 1,200,852 790,027 11 Deferred tax liability 108 386,321 386,321 D) SHORT-TERM LIABILITIES (ADP 110 to 123) 109 47,781,791 40,812,343 1 Liabilities to undertakings within the group 110 1,627,532 2,192,829 2 Liabilities for loans, deposits, etc. of undertakings within the group 111 0 0 3 Liabilities to companies linked by virtue of participating interests 112 12,595 15,133 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests 113 0 0 5 Liabilities for loans, deposits etc. 114 1,904,117 0 6 Liabilities to banks and other financial institutions 115 22,561,559 14,287,658 7 Liabilities for advance payments 116 877,947 6,031,981 8 Liabilities to suppliers 117 16,360,461 14,500,928 9 Liabilities for securities 118 0 0 10 Liabilities to employees 119 1,349,880 1,437,094 11 Taxes, contributions and similar liabilities 120 1,213,231 826,958 12 Liabilities arising from the share in the result 121 22,349 22,349 13 Liabilities arising from fixed assets held for sale 122 0 0 14 Other short-term liabilities 123 1,852,120 1,497,413 E) ACCRUALS AND DEFERRED INCOME 124 629,790 254,517 F) TOTAL – LIABILITIES (ADP 067+090+097+109+124) 125 158,091,040 156,792,262 G) OFF-BALANCE SHEET ITEMS 126 9,222,292 8,299,160 BALANCE SHEET balance as at 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Last day of the preceding business year At the reporting date of the current period 1 2 3 4
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41 www.adplastik.hr I OPERATING INCOME (ADP 002 to 006) 001 85,073,937 22,539,620 87,851,754 29,415,588 1 Income from sales with undertakings within the group 002 2,481,300 791,957 2,523,623 850,665 2 Income from sales (outside group) 003 77,407,605 20,046,190 84,044,475 28,291,498 3 Income from the use of own products, goods and services 004 116,001 248 140,328 138,398 4 Other operating income with undertakings within the group 005 2,916,506 1,066,639 92,955 33,275 5 Other operating income (outside the group) 006 2,152,525 634,586 1,050,373 101,752 II OPERATING EXPENSES (ADP 08+009+013+017+018+019+022+029) 007 85,447,331 23,668,372 85,122,784 28,943,395 1 Changes in inventories of work in progress and finished goods 008 326,204 117,095 -474,670 -502,344 2 Material costs (ADP 010 to 012) 009 59,979,593 15,088,058 55,720,314 19,099,489 a) Costs of raw materials and consumables 010 32,794,196 9,578,904 39,684,904 13,742,181 b) Costs of goods sold 011 21,155,184 3,601,293 9,565,144 2,820,322 c) Other external costs 012 6,030,213 1,907,861 6,470,266 2,536,986 3 Staff costs (ADP 014 to 016) 013 15,563,177 5,223,305 18,162,598 6,219,825 a) Net salaries and wages 014 9,735,109 3,248,575 11,131,698 3,624,731 b) Tax and contributions from salary costs 015 3,810,352 1,294,361 4,598,060 1,711,411 c) Contributions on salaries 016 2,017,716 680,369 2,432,840 883,683 4 Depreciation 017 5,882,437 2,078,094 7,265,080 2,618,027 5 Other costs 018 3,517,259 1,106,900 3,976,664 1,448,944 6 Value adjustments (ADP 020+021) 019 0 0 0 0 a) fixed assets other than financial assets 020 0 0 0 0 b) current assets other than financial assets 021 0 0 0 0 7 Provisions (ADP 023 to 028) 022 0 0 0 0 a) Provisions for pensions, termination benefits and similar obligations 023 0 0 0 0 b) Provisions for tax liabilities 024 0 0 0 0 c) Provisions for ongoing legal cases 025 0 0 0 0 d) Provisions for renewal of natural resources 026 0 0 0 0 e) Provisions for warranty obligations 027 0 0 0 0 f) Other provisions 028 0 0 0 0 8 Other operating expenses 029 178,661 54,920 472,798 59,454 STATEMENT OF PROFIT OR LOSS for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period Cumulative Quarter Cumulative Quarter 1 2 3 4 5 6
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42 www.adplastik.hr III FINANCIAL INCOME (ADP 031 to 040) 030 3,066,286 1,020,570 2,425,895 796,239 1 Income from investments in holdings (shares) of undertakings within the group 031 0 0 0 0 2 Income from investments in holdings (shares) of companies linked by virtue of participating interests 032 2,615,353 871,784 1,853,847 617,334 3 Income from other long-term financial investment and loans granted to undertakings within the group 033 0 0 0 0 4 Other interest income from operations with undertakings within the group 034 450,810 147,136 543,358 178,886 5 Exchange rate differences and other financial income from operations with undertakings within the group 035 0 0 0 0 6 Income from other long-term financial investments and loans 036 0 0 0 0 7 Other interest income 037 123 53 48 19 8 Exchange rate differences and other financial income 038 0 1,597 28,642 0 9 Unrealised gains (income) from financial assets 039 0 0 0 0 10 Other financial income 040 0 0 0 0 IV FINANCIAL EXPENSES (ADP 042 to 048) 041 993,074 337,820 938,272 316,863 1 Interest expenses and similar expenses with undertakings within the group 042 0 0 0 0 2 Exchange rate differences and other expenses from operations with undertakings within the group 043 0 0 0 0 3 Interest expenses and similar expenses 044 990,196 337,820 894,990 277,545 4 Exchange rate differences and other expenses 045 2,878 0 43,282 39,318 5 Unrealised losses (expenses) from financial assets 046 0 0 0 0 6 Value adjustments of financial assets (net) 047 0 0 0 0 7 Other financial expenses 048 0 0 0 0 V SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE OF PARTICIPATING INTERESTS 049 0 0 0 0 VI SHARE IN PROFIT FROM JOINT VENTURES 050 0 0 0 0 VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF PARTICIPATING INTEREST 051 0 0 0 0 VIII SHARE IN LOSS OF JOINT VENTURES 052 0 0 0 0 IX TOTAL INCOME (ADP 001+030+049 +050) 053 88,140,223 23,560,190 90,277,649 30,211,827 X TOTAL EXPENDITURE (ADP 007+041+051 + 052) 054 86,440,405 24,006,192 86,061,056 29,260,258 STATEMENT OF PROFIT OR LOSS for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period Cumulative Quarter Cumulative Quarter 1 2 3 4 5 6
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43 www.adplastik.hr XI PRE-TAX PROFIT OR LOSS (ADP 053-054) 055 1,699,818 -446,002 4,216,593 951,569 1 Pre-tax profit (ADP 053-054) 056 1,699,818 0 4,216,593 951,569 2 Pre-tax loss (ADP 054-053) 057 0 -446,002 0 0 XII INCOME TAX 058 0 0 413,053 32,921 XIII PROFIT OR LOSS FOR THE PERIOD (ADP 055-059) 059 1,699,818 -446,002 3,803,540 918,648 1 Profit for the period (ADP 055-059) 060 1,699,818 0 3,803,540 918,648 2 Loss for the period (ADP 059-055) 061 0 -446,002 0 0 DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued operations) XIV PRE-TAX PROFIT OR LOSS OF DISCONTINUED OPERATIONS (ADP 063-064) 062 0 0 0 0 1 Pre-tax profit from discontinued operations 063 0 0 0 0 2 Pre-tax loss on discontinued operations 064 0 0 0 0 XV INCOME TAX OF DISCONTINUED OPERATIONS 065 0 0 0 0 1 Discontinued operations profit for the period (ADP 062-065) 066 0 0 0 0 2 Discontinued operations loss for the period (ADP 065-062) 067 0 0 0 0 TOTAL OPERATIONS (to be filled in only by undertakings subject to IFRS with discontinued operations) XVI PRE-TAX PROFIT OR LOSS (ADP 055-+062) 068 0 0 0 0 1 Pre-tax profit (ADP 068) 069 0 0 0 0 2 Pre-tax loss (ADP 068) 070 0 0 0 0 XVII INCOME TAX (ADP 058+065) 071 0 0 0 0 XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 068-071) 072 0 0 0 0 1 Profit for the period (ADP 068-071) 073 0 0 0 0 2 Loss for the period (ADP 071-068) 074 0 0 0 0 APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements) XIX PROFIT OR LOSS FOR THE PERIOD (ADP 076+077) 075 0 0 0 0 1 Attributable to owners of the parent 076 0 0 0 0 2 Attributable to minority (non-controlling) interest 077 0 0 0 0 STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS) I PROFIT OR LOSS FOR THE PERIOD 078 1,699,818 -446,002 3,803,540 918,648 II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX (ADP 80+ 87) 079 0 0 0 0 STATEMENT OF PROFIT OR LOSS for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period Cumulative Quarter Cumulative Quarter 1 2 3 4 5 6
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44 www.adplastik.hr III Items that will not be reclassified to profit or loss (ADP 081 to 085) 080 0 0 0 0 1 Changes in revaluation reserves of fixed tangible and intangible assets 081 0 0 0 0 2 Gains or losses from subsequent measurement of equity instruments at fair value through other comprehensive income 082 0 0 0 0 3 Fair value changes of financial liabilities at fair value through statement of profit or loss, attributable to changes in their credit risk 083 0 0 0 0 4 Actuarial gains/losses on the defined benefit obligation 084 0 0 0 0 5 Other items that will not be reclassified 085 0 0 0 0 6 Income tax relating to items that will not be reclassified 086 0 0 0 0 IV Items that may be reclassified to profit or loss (ADP 088 to 095) 087 0 0 0 0 1 Exchange rate differences from translation of foreign operations 088 0 0 0 0 2 Gains or losses from subsequent measurement of debt securities at fair value through other comprehensive income 089 0 0 0 0 3 Profit or loss arising from effective cash flow hedging 090 0 0 0 0 4 Profit or loss arising from effective hedge of a net investment in a foreign operation 091 0 0 0 0 5 Share in other comprehensive income/loss of companies linked by virtue of participating interests 092 0 0 0 0 6 Changes in fair value of the time value of option 093 0 0 0 0 7 Changes in fair value of forward elements of forward contracts 094 0 0 0 0 8 Other items that may be reclassified to profit or loss 095 0 0 0 0 9 Income tax relating to items that may be reclassified to profit or loss 096 0 0 0 0 V NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 080+087- 086 - 096) 097 0 0 0 0 VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 078+097) 098 1,699,818 -446,002 3,803,540 918,648 APPENDIX to the Statement on comprehensive income (to be filled in by undertakings that draw up consolidated statements) VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 100+101) 099 0 0 0 0 1 Attributable to owners of the parent 100 0 0 0 0 2 Attributable to minority (non-controlling) interest 101 0 0 0 0 STATEMENT OF PROFIT OR LOSS for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period Cumulative Quarter Cumulative Quarter 1 2 3 4 5 6
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45 www.adplastik.hr CASH FLOW FROM OPERATING ACTIVITIES 1 Pre-tax profit 001 1,699,818 4,216,593 2 Adjustments (ADP 003 to 010): 002 3,385,038 6,016,837 a) Depreciation 003 5,882,437 7,265,080 b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets 004 -208,636 239,355 c) Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets 005 0 0 d) Interest and dividend income 006 -3,066,286 -2,397,253 e) Interest expenses 007 990,196 894,990 f) Provisions 008 -6,724 0 g) Exchange rate differences (unrealised) 009 5 14,665 h) Other adjustments for non-cash transactions and unrealised gains and losses 010 -205,954 0 I Cash flow increase or decrease before changes in working capital (ADP 001+002) 011 5,084,856 10,233,430 3 Changes in the working capital (ADP 013 to 016) 012 3,759,178 -309,113 a) Increase or decrease in short-term liabilities 013 -2,043,144 5,125,725 b) Increase or decrease in short-term receivables 014 -2,283,369 -5,554,512 c) Increase or decrease in inventories 015 8,085,691 -137,480 d) Other increase or decrease in working capital 016 0 257,154 II Cash from operations (ADP 011+012) 017 8,844,034 9,924,317 4 Interest paid 018 -1,006,577 -951,997 5 Income tax paid 019 0 0 A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) 020 7,837,457 8,972,320 CASH FLOW FROM INVESTMENT ACTIVITIES 1 Cash receipts from sales of fixed tangible and intangible assets 021 598,200 122,666 2 Cash receipts from sales of financial instruments 022 0 0 3 Interest received 023 123 360,636 4 Dividends received 024 617,862 4,642,159 5 Cash receipts from repayment of loans and deposits 025 1,633,140 1,271,824 6 Other cash receipts from investment activities 026 0 0 STATEMENT OF CASH FLOWS (INDIRECT METHOD) for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Same period of the previous year Current period 1 2 3 4
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46 www.adplastik.hr III Total cash receipts from investment activities (ADP 021 to 026) 027 2,849,325 6,397,285 1 Cash payments for the purchase of fixed tangible and intangible assets 028 -9,073,056 -3,343,530 2 Cash payments for the acquisition of financial instruments 029 0 0 3 Cash payments for loans and deposits for the period 030 0 0 4 Acquisition of a subsidiary, net of cash acquired 031 0 0 5 Other cash payments from investment activities 032 0 0 IV Total cash payments from investment activities (ADP 028 to 032) 033 -9,073,056 -3,343,530 B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033) 034 -6,223,731 3,053,755 CASH FLOW FROM FINANCING ACTIVITIES 1 Cash receipts from the increase in initial (subscribed) capital 035 0 0 2 Cash receipts from the issue of equity financial instruments and debt financial instruments 036 0 0 3 Cash receipts from credit principals, loans and other borrowings 037 18,498,231 13,812,398 4 Other cash receipts from financing activities 038 0 0 V Total cash receipts from financing activities (ADP 035 to 038) 039 18,498,231 13,812,398 1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments 040 -20,390,141 -22,379,418 2 Cash payments for dividends 041 0 0 3 Cash payments for finance lease 042 -525,940 -602,027 4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital 043 0 0 5 Other cash payments from financing activities 044 0 0 VI Total cash payments from financing activities (ADP 040 to 044) 045 -20,916,081 -22,981,445 C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045) 046 -2,417,850 -9,169,047 1 Unrealised exchange rate differences in respect of cash and cash equivalents 047 -5 -26 D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047) 048 -804,129 2,857,002 E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 049 418,519 2,044,031 F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (ADP 048+049) 050 -385,610 4,901,033 Item ADP code Same period of the previous year Current period 1 2 3 4 STATEMENT OF CASH FLOWS (INDIRECT METHOD) for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR)
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47 www.adplastik.hr STATEMENT OF CHANGES IN EQUITY for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) PREVIOUS PERIOD 1 Balance on the first day of the previous business year 01 54,594,592 25,884,472 813,439 2,772,641 871,127 0 6,880,988 0 0 0 0 0 0 0 1,039,559 91,114,564 0 91,114,564 2 Changes in accounting policies 02 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 Correction of errors 03 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 Balance on the first day of the previous business year (restated) (ADP 01 to 03) 04 54,594,592 25,884,472 813,439 2,772,641 871,127 0 6,880,988 0 0 0 0 0 0 0 1,039,559 91,114,564 0 91,114,564 5 Profit/loss of the period 05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,699,818 1,699,818 0 1,699,818 6 Exchange rate differences from translation of foreign operations 06 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7 Changes in revaluation reserves of fixed tangible and intangible assets 07 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 Gains or losses from subsequent measurement of financial assets at fair value through other comprehensive income (available for sale) 08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 Profit or loss arising from effective cash flow hedge 09 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 Profit or loss arising from effective hedge of a net investment in a foreign operation 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11 Share in other comprehensive income/ loss of companies linked by virtue of participating interests 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12 Actuarial gains/losses on the defined benefit obligation 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13 Other changes in equity unrelated to owners 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14 Tax on transactions recognised directly in equity 14 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Item ADP code Attributable to owners of the parent Minority (non-controlling) interest Total capital and reserves Initial (subscribed) capital Capital reserves Legal reserves Reserves for treasury shares Treasury shares and holdings (deductible item) Statutory reserves Other reserves Revaluation reserves Fair value of financial assets through other comprehensive income (available for sale) Cash flow hedge - effective portion Hedge of a net investment in a foreign operation - effective portion Other fair value reserves Exchange rate differences from translation of foreign operations Retained profit / loss brought forward Profit/loss for the business year Total attributable to owners of the parent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 (3 to 6 - 7 + 8 to 17) 19 20 (18+19)
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48 www.adplastik.hr 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure 16 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit 17 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18 Redemption of treasury shares/holdings 18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19 Payments from members/shareholders 19 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 Payment of share in profit/dividend 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21 Other distributions and payments to members/shareholders 21 0 0 0 -1,901,514 0 0 1,612,517 0 0 0 0 0 0 288,997 0 0 0 0 22 Transfer to reserves according to the annual schedule 22 0 0 0 0 0 0 0 0 0 0 0 0 0 1,039,559 -1,039,559 0 0 0 23 Increase in reserves arising from the pre- bankruptcy settlement procedure 23 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24 Balance on the last day of the previous business year reporting period (ADP 04 to 23) 24 54,594,592 25,884,472 813,439 871,127 871,127 0 8,493,505 0 0 0 0 0 0 1,328,556 1,699,818 92,814,382 0 92,814,382 APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF TAX (ADP 06 to 14) 25 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP 05+25) 26 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,699,818 1,699,818 0 1,699,818 III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 23) 27 0 0 0 -1,901,514 0 0 1,612,517 0 0 0 0 0 0 1,328,556 -1,039,559 0 0 0 STATEMENT OF CHANGES IN EQUITY for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Attributable to owners of the parent Minority (non-controlling) interest Total capital and reserves Initial (subscribed) capital Capital reserves Legal reserves Reserves for treasury shares Treasury shares and holdings (deductible item) Statutory reserves Other reserves Revaluation reserves Fair value of financial assets through other comprehensive income (available for sale) Cash flow hedge - effective portion Hedge of a net investment in a foreign operation - effective portion Other fair value reserves Exchange rate differences from translation of foreign operations Retained profit / loss brought forward Profit/loss for the business year Total attributable to owners of the parent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 (3 to 6 - 7 + 8 to 17) 19 20 (18+19)
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49 www.adplastik.hr CURRENT PERIOD 1 Balance on the first day of the current business year 28 54,594,592 25,839,403 813,439 793,595 793,595 0 9,109,602 0 0 0 0 0 0 789,991 397,714 91,544,741 0 91,544,741 2 Changes in accounting policies 29 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 Correction of errors 30 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 Balance on the first day of the current business year (restated) (AOP 28 to 30) 31 54,594,592 25,839,403 813,439 793,595 793,595 0 9,109,602 0 0 0 0 0 0 789,991 397,714 91,544,741 0 91,544,741 5 Profit/loss of the period 32 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,803,540 3,803,540 0 3,803,540 6 Exchange rate differences from translation of foreign operations 33 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7 Changes in revaluation reserves of fixed tangible and intangible assets 34 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 Gains or losses from subsequent measurement of financial assets at fair value through other comprehensive income (available for sale) 35 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 Profit or loss arising from effective cash flow hedge 36 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 Profit or loss arising from effective hedge of a net investment in a foreign operation 37 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11 Share in other comprehensive income/ loss of companies linked by virtue of participating interests 38 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12 Actuarial gains/losses on the defined benefit obligation 39 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13 Other changes in equity unrelated to owners 40 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14 Tax on transactions recognised directly in equity 41 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STATEMENT OF CHANGES IN EQUITY for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Attributable to owners of the parent Minority (non-controlling) interest Total capital and reserves Initial (subscribed) capital Capital reserves Legal reserves Reserves for treasury shares Treasury shares and holdings (deductible item) Statutory reserves Other reserves Revaluation reserves Fair value of financial assets through other comprehensive income (available for sale) Cash flow hedge - effective portion Hedge of a net investment in a foreign operation - effective portion Other fair value reserves Exchange rate differences from translation of foreign operations Retained profit / loss brought forward Profit/loss for the business year Total attributable to owners of the parent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 (3 to 6 - 7 + 8 to 17) 19 20 (18+19)
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50 www.adplastik.hr 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) 42 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure 43 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18 Redemption of treasury shares/holdings 45 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19 Payments from members/shareholders 46 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 Payment of share in profit/dividend 47 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21 Other distributions and payments to members/shareholders 48 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22 Carryforward per annual plane 49 0 0 0 0 0 0 0 0 0 0 0 0 0 397,714 -397,714 0 0 0 23 Increase in reserves arising from the pre- bankruptcy settlement procedure 50 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24 Balance on the last day of the current business year reporting period (ADP 31 to 50) 51 54,594,592 25,839,403 813,439 793,595 793,595 0 9,109,602 0 0 0 0 0 0 1,187,705 3,803,540 95,348,281 0 95,348,281 APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD,NET OF TAX (ADP 33 to 41) 52 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 32 do 52) 53 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,803,540 3,803,540 0 3,803,540 III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 42 to 50) 54 0 0 0 0 0 0 0 0 0 0 0 0 0 397,714 -397,714 0 0 0 STATEMENT OF CHANGES IN EQUITY for the period 01.01.2025 to 30.09.2025, Submitter: AD PLASTIK d.d. (in EUR) Item ADP code Attributable to owners of the parent Minority (non-controlling) interest Total capital and reserves Initial (subscribed) capital Capital reserves Legal reserves Reserves for treasury shares Treasury shares and holdings (deductible item) Statutory reserves Other reserves Revaluation reserves Fair value of financial assets through other comprehensive income (available for sale) Cash flow hedge - effective portion Hedge of a net investment in a foreign operation - effective portion Other fair value reserves Exchange rate differences from translation of foreign operations Retained profit / loss brought forward Profit/loss for the business year Total attributable to owners of the parent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 (3 to 6 - 7 + 8 to 17) 19 20 (18+19)
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51 www.adplastik.hr NOTES TO FINANCIAL STATEMENTS - TFI (DRAWN UP FOR QUARTERLY REPORTING PERIODS) Name of the issuer: AD PLASTIK d.d. Headquarter: Ul. Antuna Gustava Matoša 8, 21210, Solin, Croatia Personal identification number (OIB): 48351740621 MBS: 060007090 Reporting period: 01.01.2025 - 30.09.2025 Notes to financial statements are available as part of AD Plastik Group’s Unaudited financial statement. Unaudited financial statement is available on Zagreb Stock Exchange website. AD Plastik Group Integrated annual report for 2024 year is available on Zagreb Stock Ex- change website. Same accounting policies are applied while drawing up financial statements for current reporting period as in the latest annual finan- cial statements. AD Plastik d.d. has issued corporate guaran- tees for the needs of subsidiaries in the fol- lowing amounts: to banks EUR 7,700 thou- sand and to suppliers EUR 50 thousand. Amount owed by AD Plastik d.d. and falling due after more than five years amounts to EUR 412 thousand. The average number of employees of AD Plastik d.d. in the period from 01.01.2025 to 30.09.2025 was 1,123. In intangible assets in the period from 01.01.2025 to 30.09.2025, the cost of net salaries and wages of EUR 430,391, the cost of taxes and contributions from salaries of EUR 177,777 and the cost of contributions to salaries of EUR 94,062 were capitalized. During the reporting period, deferred tax as- sets decreased by 413 thousand euros, while there were no changes in deferred tax liabili- ties. Deferred tax assets of AD Plastik d.d. on 31.12.2024 amounts to EUR 3,164 thousand, while the deferred tax liability amounts to EUR 386 thousand.
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E 52 www.adplastik.hr ____ MANAGEMENT‘S STATEMENT OF RESPONSIBILITY The financial statements of AD Plastik Group and the Com- pany AD Plastik d.d. Solin are prepared in accordance with the International Financial Reporting Standards (IFRS) and the Croatian Law on Accounting. The unaudited consolidated financial statements of AD Plas- tik Group and the financial statements of the Company AD Plastik d.d. for the period from January 1 to September 30 2025, give a complete and true review of the assets and liabilities, profit and loss, financial position and business activities of the issuers and companies included in the con- solidation as a whole. The management report for the period until September 30 2025, contains an accurate and true display of the develop- ment and results of the business activities of the Company with a description of the most significant risks and uncer- tainties to which the Company is exposed. The Company is registered at the Court Register of the Commercial Court of Split under the Registered Company Number (MBS): 060007090, Company Identification Number (OIB): 48351740621 IBAN: HR04 2340 0091 1101 5371 1, Privredna banka Zagreb d.d., Zagreb The share capital in the amount of EUR 54,594,592.00 was paid in full. AD Plastik issued a total of 4,199,584 ordinary shares, in the nominal amount of EUR 13.00 President of the Management Board: Katija Klepo Management Board members: Mladen Peroš, Goran Soko President of the Supervisory Board: Ana Luketin Solin, October 2025 Mladen Peroš Member of the Management Board Goran Soko Member of the Management Board Katija Klepo President of the Management Board