Planetary Impact Ventures Fund K/SAktiv

Fund overview Planetary Impact Ventures Fund was established in 2022 as an evergreen venture fund with an initial capital commitment of DKK 40 million. As of 31 December 2025, total capital commitments amount to DKK 163 million. The Fund is managed by the general partner, Planetary Impact Ventures A/S. The Fund invests in early-stage European companies operating within agriculture, food systems, and biodiversity. The investment strategy is focused on supporting business models aligned with organic- regenerative principles and operating within planetary boundaries, with the objective of generating long-term financial returns alongside systemic changes to the foods system. The Fund welcomes new, value aligned investors two times a year with a minimum commitment of DKK 1,000,000 (approximately EUR 133,000). Portfolio As of year-end 2025, the Fund has 13 active portfolio companies: Agrain, Aurion, Earth Rover, Elaniti, Fælleshaven, Nordic Microbes, Novobiom, RE-ZIP, Re-genus, Rock Flour Company, Soilsense, SUMM Ingredients, and The Organic Crave. The portfolio reflects the Fund’s commitment to reducing agricultural land use, make organic- regenerative agriculture the default, and promoting decentralized food production. The guiding principles of Planetary Impact Ventures Fund 01 Be humble: Seeking to understand and improve the conditions for life on the planet is a task of infinite complexity. Grounded by nature, we stay humble and sincere in everything we do

The income statement for 2025 shows a loss of DKK 11,029 thousand against a loss of DKK 8,176 thousand last year, and the balance sheet at 31 December 2025 shows equity of DKK 136,789 thousand. During 2025, Planetary Impact Ventures K/S made two new investments (Elaniti & Re-genus) and contributed to the continued development of the portfolio companies. The management considers the company’s financial performance in the year satisfactory. Note that our financials are based on the cost price accounting method, described in the following paragraph: The Fund applies the cost method in the recognition and measurement of its investment portfolio. Investments are recognised at acquisition cost and subsequently measured at cost less any impairment losses. This accounting policy reflects the early-stage nature of the portfolio and limits the administrative and financial burden associated with recurring fair value assessments. By avoiding continuous valuation exercises, the Fund and its portfolio companies are able to allocate resources primarily to operational development and long-term value creation. Under the cost method, the financial statements do not reflect unrealised increases in the value of portfolio companies. Consequently, reported results may not represent the current fair value of the Fund’s investments or the amounts that could potentially be realised in a transaction. The method provides a prudent and conservative pre

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