Related party disclosures

Consolidated Financial Statements 2025 – EN12.1 RELATED PARTY TRANSACTIONSBusiness relations between the group and related party entities are concluded under conditions at arm’s length.Balances and transactions between the parent company Heinzel Holding GmbH and all fully consolidated subsidiaries are eliminated in the course of consolidation and therefore not explained.Business relationships exist with Supervisory Board members, which consist of legal and business consulting as well as marketing services; they are of minor financial significance and were concluded at standard market conditions. The billing of services rendered is subject to arm’s length rates.Regarding the remuneration of the Management Board members of Heinzel Holding GmbH, please refer to section 12.5. No loans were granted to the management and associated companies in the 2024 and 2025 financial years. Likewise, no transactions regarding the purchase or sale of goods took place.12.2 CONTINGENCIES AND OTHER OBLIGATIONS