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AS Silvano Fashion Group Consolidated Interim Financial Report for Q4 and 12m of 2025 (unaudited)
Selected Financial Indicators Summarized selected financial indicators of the Group for 12 months of 2025 compared to 12 months of 2024 and 31.12.2025 compared to 31.12.2024 were as follows: in thousands of EUR12m 202512m 2024Change Revenue55 46658 070-4.5%Gross Profit29 26234 278-14.6%Operating profit10 43517 248-39.5%EBITDA13 87820 316-31.7%Net profit for the period10 03413 673-26.6%Net profit attributable equity holders of the Parent company9 22912 366-25.4%Earnings per share (EUR)0,260,34-23

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Selected Financial Indicators Summarized selected financial indicators of the Group for 12 months of 2025 compared to 12 months of 2024 and 31.12.2025 compared to 31.12.2024 were as follows: Financial performance The Group`s sales amounted 55 466 thousand EUR during 12 months of 2025, representing a 4.5% decrease as compared to the same period of previous year. Overall, wholesale decreased by 13.3%, measured in EUR. The Group’s gross profit during 12 months of 2025 amounted to 29 262 thousand EUR and decrease by 14.6% compared to previous year. The gross margin during 12 months of 2025 decreased by 10.5% compared to 12 months of 2024. The cost of sold goods increased by 10.1%. Consolidated operating profit for 12 months of 2025 amounted to 10 435 thousand EUR, compared to 17 248 thousand EUR for 12 months of 2024, decrease by 39.5%. The consolidated operating profit margin was 18.8% for 12 months of 2025 (29.7% for 12 months of 2024). Consolidated EBITDA for 12 months of 2025 decreased by 31.7% and amounted to 13 878 thousand EUR, which is 25.0% in margin terms (20 316 thousand EUR and 35.0% for 12 months of 2024). Reported consolidated net profit attributable to equity holders of the Parent company for 12 months of 2025 amounted 9 229 thousand EUR, compared to net profit of 12 366 thousand EUR for 12 months of 2024, net profit margin attributable to equity holders of the Parent company for 12 months of 2025 was 16.6% against net profit margin 21.3% for 12 months of 2024. Financial position As of 31 December 2025, consolidated assets amounted to 93 847 thousand EUR representing increase by 11.1% as compared to the position as of 31 December 2024. Trade and other receivables increased by 123 thousand EUR as compared to 31 December 2024 and amounted to 1 329 thousand EUR as of 31 December 2025. Inventory balance increased by 2 932 thousand EUR and amounted to 31 237 thousand EUR as of 31 December 2025. Equity attributable to equity holders of the Parent company increased by 10 775 thousand EUR and amounted to 76 768 thousand EUR as of 31 December 2025. Current liabilities decreased by 1 414 thousand EUR during 12 months of 2025. Investments During 12 months of 2025 the Group’s investments into property, plant and equipment totalled 805 thousand EUR, in previous year same 942 thousand EUR. Investments were made mainly into opening and renovating own stores, as well into equipment and facilities to maintain effective production for future periods. Personnel As of 31 December 2025, the Group employed 1 639 employees, including 552 people in retail operations. The rest were employed in production, wholesale, administration and support operations. In 31.12.2024 there were 1 655 employees, including 518 people in retail operations. Total salaries and related taxes during 12 months of 2025 amounted 15 799 thousand EUR (14 155 thousand EUR in 12 months 2024). The remuneration of key management of the Group, including the key executives of all subsidiaries, totalled 939 thousand EUR. Consolidated Statement of Financial Position Consolidated Income Statement Consolidated Statement of Comprehensive Income Consolidated Statement of Cash Flows AS Silvano Fashion Group Phone: +372 6845 000 Email: [email protected] Attachment
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