Full Year 2024 Broedrene A & O Johansen A/S Earnings Presentation Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Christian Thalin - SEB - Analyst : I have a couple of questions, maybe to start with, you mentioned you have Bought land or at least secured land at at the central warehouse and then as I mentioned plan expansion, it's my impression that the reason expanding that didn't do too long ago has ensured that you have plenty of available capacity right now. So maybe if you can elaborate a bit on on this strategic move. Per Toelstang - Broedrene A & O Johansen A/S - Chief Financial Officer, Deputy Chief Executive Officer of Per Toelstang, Member of the Executive Board Hi, Christian. Well, you're right, when we built the shuttle system, the automatic shuttle system a couple of years ago, we mentioned that this this would cover some growth ahead in time. Now the land that we have bought and the building that we are planning to build in 25 will host an automated solution of odd-sized goods and not small size goods, so that will allow us to increase efficiency in odd size stuff. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 27, 2025 / 12:00PM, AOJb.CO - Full Year 2024 Broedrene A & O Johansen A/S Earnings Presentation

Question: Christian Thalin - SEB - Analyst : Then to the topic of basket size, she highlighted the challenges she had in 2024. Just curious on the development in in basket size in 4. Was there any improvement there or was it unchanged? Per Toelstang - Broedrene A & O Johansen A/S - Chief Financial Officer, Deputy Chief Executive Officer of Per Toelstang, Member of the Executive Board Let me take that now, Christian, basically we saw the same basket size, the same lower basket size also in form. We don't expect a change from from beginning of the year, but as we will see, hopefully slightly higher level of of projects, one would assume that basket sizes would increase during 2025.

Question: Christian Thalin - SEB - Analyst : And so you've had, you've said no to the high level of discount that we saw in in Q3 sent to me. Per Toelstang - Broedrene A & O Johansen A/S - Chief Financial Officer, Deputy Chief Executive Officer of Per Toelstang, Member of the Executive Board Yeah. That's typically what what a sales management and what management will agree to that that we have a more strict. Moran when it comes to to the martin setting.