Key figures

Along with NORMA Group SE, the Consolidated Financial Statements contain all domestic and foreign companies which NORMA Group SE controls directly or indirectly.

The Consolidated Financial Statements for fiscal year 2024 include five domestic (Dec 31, 2023: five) and 43 foreign (Dec 31, 2023: 42) companies.

The composition of the Group changed as follows:

Change in Scope of Consolidation

T083

2023

Total

Domestic

Foreign

Total

Domestic

Foreign

47

5

42

49

6

43

2

2

2

2

1

1

2

1

1

1

1

2

1

1

48

5

43

47

5

42

In 2024, the two companies Teco S.r.l., Italy, and Teco Irrigation USA Inc. (hereinafter both referred to as “Teco”) were acquired. Information on the acquisition of the two companies can be found in NOTE 33 – BUSINESS COMBINATIONS.

The deconsolidation in 2024 relates to the liquidation of the Dutch subsidiary NORMA Netherlands B. V.

The list of NORMA Group companies is shown in detail in the following table:

List of Group companies of NORMA Group as of Dec 31, 2024 according to § 313(2) HGB

T084

held by

Share in %

Direct parent company

of NORMA Group SE

1

100

100

2

100

100

2

100

100

2

100

100

2

100

100

6

100

100

6

100

100

6

100

100

2

100

100

10

100

100

2

100

100

2

100

100

2

100

100

14

100

100

2

99.99

100

2

99.96

100

2

100

100

2

100

100

2

100

100

2

100

100

2

100

100

5

100

100

43

100

100

12

100

100

25

100

100

(Continued) List of Group companies of NORMA Group as of Dec 31, 2024 according to § 313 (2) HGB

held by

Share in %

Direct parent company

of NORMA Group SE

35

100

100

34

99.4

100

34

99

100

35

100

100

35

100

100

34

70

100

34

100

100

35

100

100

1

100

100

35

100

100

35

100

100

47

100

100

2

100

100

47

100

100

47

100

100

47

99.99

100

47

100

100

47

60

60

47

100

100

47

100

100

1

100

100

47

99.99

100

Legend

These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.