GLX Holding AS Annual Report 2024

29 Apr 2025 22:12 CEST

Oslo, 29 April 2025: The Board of Directors of GLX Holding AS determined the
Annual Accounts and the Annual Report for 2024 in a board meeting today. The
Annual Accounts were determined without material changes to the preliminary
Annual Accounts published on 27 February 2025.

GLX Holding AS‘ Annual Report for 2024 is attached to this announcement, both as
a PDF-file and in European Single Electronic Format (ESEF), and is also
published on www.glamox.com/investor-relations/.

This information is subject to disclosure under the Norwegian Securities Act
section 5-12 and the requirements of Oslo Børs' Continuing Obligations.

For further information please contact:

Kjetil Østvold
Head of Investor Relations & Analysis
Tel: +47 468 63 004
Email: kjetil.ostvold@glamox.com or ir_glx@glamox.com


About Glamox

The Glamox Group is a leading lighting company that provides quality
energy-efficient lighting for professional buildings in Europe and for the
world’s marine, offshore, and wind markets. Our mission is to provide
sustainable lighting solutions that improve the performance and well-being of
people. We are committed to achieving Net Zero operations by 2030.

Headquartered in Oslo, Norway, Glamox AS is privately owned by Triton through
GLX Holding AS and Fondsavanse. We employ around 2,100 professionals, with sales
and production in Europe, Asia, and North America. It owns a range of quality
lighting brands, including Glamox, Aqua Signal, LINKSrechts, LiteIP, Luminell,
Luxo, MARL, Norselight, and Wasco. In 2024, our annual revenues were NOK 4,487
million. For more information, please see www.glamox.com

Disclaimer Forward-looking statements
This Interim report may include “forward-looking statements”. These statements
can be identified by the use of forward-looking terminology, including the terms
“assumes,” “believes,” “estimates,” “anticipates,” “probability,” “risk,”
“target,” “goal,” “objective,” “expects,” “intends,” “projects,” “plans,” “may,”
“will” or “should” or, in each case, their negative or other variations or
comparable terminology. These forward-looking statements include all matters
that are not historical facts. They include statements regarding the intentions,
beliefs, or current expectations of the Company concerning, among other things,
the Company’s results of operations, financial condition, liquidity, prospects,
growth, strategies, and the industry in which it operates, and include any
business plan information included in this report. Any forward-looking
statements which the Company makes in this Interim report speak only as of the
date of such statement. These statements are not guarantees of future
performance and involve certain risks, uncertainties, and assumptions that could
cause actual results to differ materially from those in the forward-looking
statements. As a result, you should be cautious in placing any reliance on such
statements and make your own judgment as to the likelihood of such statements
materialising in the future and the reasonableness of any underlying
assumptions. The Company does not intend, and undertakes no obligation, to
revise the forward-looking statements included in this report to reflect any
future events or circumstances.

The Company has included non-IFRS financial measures in this Trading Update,
which may not comply with the U.S. Securities and Exchange Commission rules
governing the presentation of financial measures. These financial measures may
not be comparable to those of other companies. Reference to these non-IFRS
financial measures should be considered in addition to IFRS financial measures,
but should not be considered a substitute for results that are presented in
accordance with IFRS.

More information:
Access the news on Oslo Bors NewsWeb site

644783_GLX Holding AS (549300UWOX4MGFK75Y54-2024-12-31-0-en).zip
644783_GLX Holding AS Annual Report 2024.pdf