Project Westfield

PROJECT WESTFIELD

TRANSACTION STRUCTURE

THE PROPERTIES are owned by Solrod Strand ApS, Hoje-Taastrup ApS, Vallensbæk ApS and Greve ApS, which are owned by K-Fast Holding Danmark A/S registered un der CVR no. 41221194. The companies were es tablished for the sole purpose of developing, owning and operating the properties. The proposed transactions will be structured as a share deals involving the transfer of all shares

in the companies. By structuring the trans action as a share deal, a potential buyer may avoid paying stamp duty of 0.6% otherwise levied on the purchase price in an asset deal and may take advantage of any latent capi tal gains tax (LCGT) taken over as part of the Transaction. The tax base value of the proper ties as per 31 December 2023 is estimated at approximately:

Vallensbæk ApS:

DKK 188,476,095

Hoje-Taastrup ApS:

DKK 82,565,955

Solrod Strand ApS:

DKK 65,000,000

Greve ApS:

DKK 294,700,000

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