WindowMaster International A/S' Board of Directors has decided to initiate a reverse share split process

Company announcement no. 062 - 2025 

Contains inside information

Today, the Board of Directors of WindowMaster International has decided on initiating a reverse share split process.

Consequently, the Board plans to convene an extraordinary general assembly, with the purpose of adopting a resolution that authorises the Board of Directors to carry out a reverse share split in the company.

The contemplated reverse share split is a reverse split of 100:1 meaning that 100 shares are combined in 1 share.  A shareholder with 100 shares in the company of each a nominal value of DKK 1 has in total shares of a nominal value of DKK 100. After a reverse share split the same shareholder will have 1 share of a nominal value of DKK 100.

In order to carry out the reverse share split, a minor capital raise will be necessary to increase the number of shares to fit with the share split of 100.

At the end of the redemption period, the company will -  at market price - buy any excess shares from shareholders possessing a number of shares that are not divisible by 100.

The purpose of the reverse share split is a share consolidation in the form of a corporate action that reduces the number of the company's outstanding shares, which in turn increases the price of each share.  

The reverse share split has been initiated by the Board of Directors to mitigate the risk of high volatility in the Company’s share. In addition, the reverse split is expected to make the share more attractive and eligible to institutional investors, some of whom have minimum share price requirements. The initiative also supports the Company’s previously announced ambition to transfer its listing to Nasdaq Copenhagen Main Market. However, no formal decision has been made in this regard, and there is no assurance that such a decision will be taken.

For further information:

CEO, Erik Boyter
M: +45 4567 0300 
Mail: ir@windowmaster.com  
WindowMaster International A/S
Skelstedet 13
2950 Vedbæk
Denmark

Certified Advisor

HC Andersen Capital 

Bredgade 23, 2.  

1260 København 

ca@hcandersencapital.dk

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