Danish Aerospace Company (DAC) investor relations material

Offering overview

• Launch of a fully guaranteed rights issue to raise DKK 24.7 million by issuing up to 8,237,154 new shares at DKK 3.00 per share, with pre-emptive rights for existing shareholders.

• Subscription ratio is 3:4; each existing share grants three rights, and four rights are needed for one new share.

• Rights trading period is March 23–April 8, 2026; subscription period is March 25–April 10, 2026.

• The offering is fully backed by binding subscription and guarantee commitments from shareholders, board members, and external investors.

• Share capital will increase from DKK 1,098,287.20 to DKK 1,922,002.60 upon completion.

Use of proceeds and strategic rationale

• 50% of net proceeds will fund product development to win aerospace and defence contracts.

• 25% will be used to reduce debt and strengthen the capital structure.

• 25% will support working capital, addressing long payment terms in the industry.

• Proceeds will also cover transaction costs and fees related to the offering.

• The company may adjust use of proceeds based on changing circumstances.

Timetable and process

• Key dates: last trading day with rights March 20, rights trading starts March 23, allocation March 24, subscription opens March 25, closes April 10.

• Results announced April 14, annual report published April 15, capital increase registered April 17, new shares tradeable April 20.

• Lock-up obligations for board and management for 90 days post-offering.