ProCon Wind Energy A/SAktiv

About ProCon ProCon provides global electrical and technical solutions for offshore wind foundations and substations (BOP) – minimizing interfaces and risks through-out the different stages of a project. As a part of Integrated Wind Solution, we offer stand-alone and bundled solutions for both the onshore and offshore scopes, including state-of-the-art CSOVs. Track-record-wise, we have delivered LV, MV and technical solutions to more than 1800 transition pieces, jackets and SIPs, which account for more than 35% of today’s installed offshore wind turbine foundations. ProCon’s is headquartered in Aalborg, Denmark and through this office and our Taiwanese office we do projects across Europe and Asia – wherever the offshore wind projects and the fabrication sites are located. Effective as of 5th of January 2026, closing was made to merge ProCon Group ApS with Hyndla AS, a Norwegian offshore wind design engineering and procurement specialist within foundations and substations. This merger will continue under the ProCon brand. From 2026, ProCon Group is owned 52,5% (100% voting rights) by IWS Services A/S, with the Norwegian company Integrated Wind Solutions ASA (abbreviated IWS) as the controlling shareholder.

Financial Highlights Financial development of the year The income statement for 2025 shows a loss of TDKK -13.560 and an equity at December 31, 2025 of TDKK 49.660. Whilst Management considers the development in revenue as satisfactory, the result is considered less satisfactory despite the challenging context and market expansion initiatives. ProCon has the ambition to improve the profitability in the years to come. The development in activities and the result for 2025 are realized below the previous expectations in the annual report for 2024 due to two loss making projects in 2025. Projects 2025 marked yet another record-high year for ProCon in both activity and revenue, reflecting the strength of our strategy and the dedication of our teams across all business areas. Our EPICS approach—following projects seamlessly through Engineering, Procurement, Installation, Completion/Commissioning, and Services offshore once again demonstrated its value by reducing interfaces, minimizing risks, and creating optimized solutions for our clients. With the merger with Hyndla AS, this integrated project delivery model is set to become even stronger, something already reflected in our 2026 backlog and forward-looking pipeline. Throughout the year, we successfully completed several major scopes, continued delivery on contracts, initiated new projects, and invested in both our tendering and execution frameworks. These combined efforts have enabled us to secure a yet another record-high order

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