Proposed distribution of earnings

The Board of Directors and President affirm that the Annual Report has been prepared in accordance with generally accepted accounting principles, provides a true and fair view of the and Parent Company’s financial position and results and that the Board of Directors’ report provides a true and fair overview of the Parent Company’s operations, financial position and results and also describes material risks and uncertainties faced by the Parent Company. The Board of Directors and President also affirm that the consolidated accounts have been prepared in accordance with the International Financial Reporting Standards (IFRS) as adopted by the EU, provide a true and fair view of the Group’s financial position and results and that the Board of Directors’ report for the Group provides a true and fair overview of the Group’s operations, financial position and results and also describes material risks and uncertainties faced by the Group.