EXMAR report 2025

5.2 Consolidated financial statements 186 Consolidated statement of changes in equity (IN THOUSANDS OF USD) NOTE SHARE CAPITAL SHARE PREMIUM RETAINED EARNINGS RESERVE FOR TREASURY SHARES TRANSLATION RESERVE HEDGING RESERVE SHARE-BASED PAYMENTS RESERVE TOTAL NON- CONTROLLING INTEREST TOTAL EQUITY Opening equity as previously reported per January 1, 2025 88,812 125,359 438,991 -38,160 -6,162 806 0 609,646 -19 609,626 Comprehensive result for the period Result for the period 74,343 74,343 1 74,344 Foreign currency translation differences 5,090 5,090 14 5,104 Foreign currency translation differences - share equity accounted investees 16 473 473 473 Employee benefits - remeasurement net defined benefit obligations 27 73 73 73 Other 40 40 40 Net change in fair value of cash flow hedges -233 -233 -233 Net change in fair value of cash flow hedges - share equity accounted investees 16 -1,462 -1,462 -1,462 Total other comprehensive result 0 0 113 0 5,563 -1,695 0 3,981 14 3,995 Total comprehensive income for the period 0 0 74,457 0 5,563 -1,695 0 78,325 15 78,339 Transactions with owners of the Company Dividends declared -32,977 -292,020 -324,997 -324,997 Increase In Shareholders' Equity 186,144 0 186,144 186,144 Total transactions with owners of the Company 186,144 -32,977 -292,020 0 0 0 0 -138,853 0 -138,853 Closing equity per December 31, 2025 274,956 92,382 221,428 -38,160 -599 -889 0 549,117 -4 549,113