7. Changes of control and defense measures

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Annual Report 2023

Annual Report 2023

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Annual Report 2023

Half-Year Report 2024
Annual Report 2023
Half-Year Report 2023
Annual Report 2022
Half-Year Report 2022
Annual Report 2021
Half-Year Report 2021
Annual Report 2020
Half-Year Report 2020
Annual Report 2019
Half-Year Report 2019
Annual Report 2018
Half-Year Report 2018
Annual Report 2017
Half-Year Report 2017

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Table of contents for the Annual Report 2023 report

Operational review

Key Figures To our shareholdersAbout Precious Woods / Sustainability

Vision Products and markets Goal of sustainable growth Management organization with strong market orientation Sustainable forestry in all dimensions Market opportunities thanks to sustainability certificates Contribution to the UN Sustainable Development Goals Precious Woods Amazon: Close ties with the local population Precious Woods in Gabon – Projects for the protection of flora, fauna, and biodiversity Institutional framework as opportunity and challenge Illegal logging threatens certified timber trade and sustainable development Carbon Footprint The role of forestry in the current climate change debate

MilestonesGroup results

Income statement Balance sheet

Reduced harvest volume and production volumes Concessions to safeguard our activities New carbon project through forest protection Summary of further activities Social and environmental sustainability continues to be at a very high level Outlook for 2024

Operational successes despite difficulties Successful launch of reforestation business line Many projects and activities Outlook for 2024

TradingCarbon & Energy

Emission certificates thanks to residual wood in Brazil Emission trading together with myclimate

Veneer production

Corporate Governance

1. Group structure and shareholders 2. Capital structure 3. Board of Directors 4. Group Management 5. Compensation, shareholdings, loans 6. Shareholders’ rights of participation 7. Changes of control and defense measures 8. Auditor 9. Information policy

Shareholder information

Share capital Equivalent to 100 shares Stock market listing Share register information Company headquarters Stock price development

Financial Report

Precious Woods Group financial statements

Consolidated statement of profit or loss Consolidated statement of comprehensive income Consolidated statement of financial position Consolidated statement of changes in equity Consolidated statement of cash flowsNotes to the consolidated financial statements

1. Basis of presentation, consolidation and general accounting policies 2. Financial risk management 3. Financial information by segment 4. Revenue from contracts with customers 5. Consumables used and other production costs 6. Personnel expenses 7. Other operating income and expenses 8. Depreciation, amortization and impairment 9. Financial income and expenses 10. Property, plant and equipment 11. Biological assets 12. Intangible assets and goodwill 13. Investment in associates 14. Non current loans and investments 15. Inventories 16. Prepaid expenses 17. Trade and other receivables 18. Trade and other payables 19. Financial liabilities, other than trade and other payables 20. Financial instruments by category and fair value hierarchy 21. Leasing 22. Share capital 23. Major shareholders 24. Earnings per share 25. Related party balances and transactions 26. Provisions 27. Contingencies 28. Income taxes 29. Employee benefits 30. Currency translation rates 31. Basis of consolidation 32. Subsequent events 33. Approval of financial statements and dividends

Report of the statutory auditor on the consolidated financial statements

Precious Woods Holding Ltd financial statements

Balance sheet Income statementNotes to the financial statements

Essential accounting and valuation principles 1. General 2. Authorized capital band 3. Conditional share capital 4. Treasury shares 5. Investments in subsidiaries 6. Short term interest bearing liabilities 7. Long term interest bearing liabilities 8. Board and Executive compensation 9. Depreciation, amortization and impairment 10. Pledged assets / other securities 11. Other note / Full time employment 12. Other note / Lease liabilities 13. Other note / Liabilities to pension funds 14. Other note / Significant events after the reporting date

Proposal for the appropriation of the accumulated losses

Motion of Board of Directors

Report of the statutory auditor on the financial statements

Additional information

Contact addresses

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7. Changes of control and defense measures

The agreements with the members of the BoD and GM contain no statutory “opting-out” or “opting-up” clauses or clauses on changes of control with the following exception: Markus Brütsch has a change of control clause in the employment contract defining a half-year salary in addition to the notice period.