Last week, Penneo announced its Q1 2024 results, reporting an ARR growth of 23% YoY and improved profitability, which aligns with the 2024 guidance. After the Q1 2024 report, we have updated the investment case one-pager with recent news from the report and updated market data. After the Q1 2024 report, we have updated the investment case one-pager with recent news from the report and updated market data. You can also watch the management presentation of the Q1 2024 report with Penneo’s Christian Stendevad and CFO Casper Nielsen Christiansen here: https://www.inderes.dk/videos/penneo-praesentation-af-q1-2024 Disclaimer: HC Andersen Capital receives payment from Penneo for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 12:00, 27 May 2024.

info@inderes.fi (inderes.fi)

© Inderes Oyj. All rights reserved.