GN Store Nord (GN) AGM 2026 summary

Opening remarks and agenda

• AGM was confirmed legally convened and quorate; agenda covered the annual report, profit allocation, remuneration, board and auditor elections, and treasury-share authorization.

• Postal votes and proxies indicated support for board proposals, so no live votes were expected; shareholders could ask questions after agenda items.

Financial performance review

• FY2025 revenue was DKK 16.8bn, with organic growth of -1%; EBITA was DKK 1.9bn at an 11.4% margin, and free cash flow excluding M&A was DKK 1.1bn.

• Net interest-bearing debt fell DKK 0.8bn to DKK 8.9bn; leverage was 3.8x.

• Organic growth by segment was Hearing 5%, Enterprise -6%, and Gaming -2%.

• Scope 1 and 2 emissions fell 53% and Scope 3 emissions fell 33% versus 2021; the Scope 3 reduction had already met the 2030 target. 12.1m people with hearing loss were helped, versus 11.2m in 2024.

Board and executive committee updates

• Hélène Barnekow did not seek re-election; Jukka Pekka Pertola, Klaus Holse, Kim Vejlby Hansen, Jørgen Bundgaard Hansen, Charlotte Johs, and Lise Skaarup Mortensen were re-elected as directors.

• Jukka Pekka Pertola was elected Chair and Klaus Holse Deputy Chair; committee chairs were appointed for Technology & Innovation, Remuneration & Nomination, and Audit.

• Jens Kirkelund, Lasse Emil Holmegaard Korff, and Anders Roikjær were elected by employees for the next four-year term, replacing Leo Larsen, Claus Holmbeck-Madsen, and Cathrin Inge Hansen.

• 2026 base board remuneration remained at prior-year levels, with committee fees redistributed to reflect workload and total remuneration unchanged.