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Major Shareholder Announcement

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Company Release no. 17/2025

Copenhagen, Denmark, 4 February 2025

Pursuant to Section 30 of the Consolidated Act no. 198 of 26 February 2024 on capital markets, as amended, Penneo A/S hereby announces that on 4 February 2025, Penneo A/S was informed that as of 3 February 2025, Erik Fjellvær Hagen no longer indirectly holds, and Viking Venture 29 AS no longer directly holds any shares or voting rights in Penneo A/S. Viking Venture 29 AS is controlled by Erik Fjellvær Hagen.

Further information

CEO, Christian Stendevad

Mobile (+45) 27 29 50 02

About Penneo

Penneo combines digital signing and Know Your Customer (KYC) workflows into a single platform that streamlines critical business processes for anti-money-laundering regulated B2B companies.

Founded in Copenhagen and operating throughout Europe, Penneo is fast becoming the go-to platform for companies looking to save time on administrative tasks while ensuring complete regulatory compliance and peace of mind for themselves and their clients. Penneo is already trusted by +3,000 companies - including the world’s leading auditors.

For information about Penneo, please visit https://penneo.com/investors/.

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