Adoption of the 2024 Annual Financial Statements and the Separate Consolidated Non-Financial Statement

The Consolidated Financial Statements of NORMA Group SE were prepared in accordance with Section 315e HGB on the basis of the International Financial Reporting Standards (IFRS) as applicable in the EU. The auditor issued unqualified audit opinions for the 2024 Annual Financial Statements and for the Consolidated Financial Statements with the Combined Management Report. Furthermore, the Remuneration Report was audited by the auditor without any objections being raised. The Remuneration Report is part of the Combined Management Report. The documents relating to the financial statements and the Management Board’s proposal for the appropriation of net profit, as well as the two auditor reports, were submitted to the Supervisory Board. The Audit Committee and the Supervisory Board as a whole examined the reports in detail and discussed and scrutinized them at length in the presence and with the participation of the auditor. The Supervisory Board concurred with the results of the audit by the auditor. No objections were raised.

The Supervisory Board then approved the 2024 Annual Financial Statements of NORMA Group SE and the 2024 Consolidated Financial Statements, together with the respective Combined Management Report at its meeting on March 20, 2025. The Supervisory Board approved the proposal on the appropriation of net profit by the Management Board. NORMA Group SE’s Annual Financial Statements are thereby adopted in accordance with Section 172 of the German Stock Corporation Act (Aktiengesetz, AktG).

The Audit Committee and the Supervisory Board also examined the separate Non-financial Group Statement for NORMA Group prepared by the Management Board as of December 31, 2024. KPMG AG Wirtschaftsprüfungsgesellschaft conducted a limited assurance engagement and issued an unqualified opinion. As part of the audit of the Consolidated Financial Statements, the disclosures relating to CO₂ emissions were even carried out with reasonable assurance. The Management Board explained the documents in detail at its meetings, while representatives of the auditor reported on the main findings of their audit and answered further questions from the members of the Supervisory Board. The Supervisory Board had no objections after reviewing these results.