Off-balance-sheet liabilities and assets

Off-balance-sheet liabilities relating to the fiscal unity

Alcyone NV is the head of the fiscal unity corporate income tax and turnover tax with Taygeta Holding BV and Taygeta BV.

Sterope Holding BV is the head of the fiscal unity corporate income tax with all its 100% participations.

Funding

Credit facilities

Taygeta has a credit facility of € 750 thousand with Rabobank with a floating interest rate of 1-month Euribor + 2.15% and a commitment commission of 0.5% per annum. During the year, Taygeta did not use this facility.

Sterope has a credit facility of € 500 thousand with ING Bank NV with a variable interest rate of 1-month Euribor + 3.5% and a commitment commission of 1.5% per annum.

Securities

Collateral relating to the ING Bank NV acquisition financing are the first pledge on the shares in Sterope Holding B.V. and its subsidiaries, the first pledge on business equipment, other assets, receivables on trade receivables and inventories and the first pledge on all trademark rights and other intellectual property rights of Sterope Holding B.V. and its subsidiaries.

Claims

Alcyone is not involved in litigation of a material nature or magnitude. Alcyone has taken out professional and business liability insurance for its activities. Directors' and Officers' Liability Insurance has also been taken out for the Executive Board and the Supervisory Board.

Environmental and climate-related risks

Social thinking about the environment and climate has become an important issue in recent years. Although Alcyone does not experience any direct impact on its services, it has been taking this into account in its business operations for years, for example by offering its employees alternative forms of transport and by focusing its purchasing policy on environmentally and climate-friendly products and the production of these products. The Board is of the opinion that the impact of climate-related risks has no material impact on the items and disclosures, including opinions and estimates in the financial statements.