The board of directors invites all shareholders of the company to attend the extraordinary general meeting, which will be held on Wednesday, January 17, 2024, at 2 p.m. at the company's registered office, Aerschotstraat 114, 9100 Sint-Niklaas.

Regulated information – Inside information

SVK is today publishing an update regarding its provisional results for the financial year ending December 31, 2023.

The slowdown in the construction market is undeniable, due to the persistently high interest rates in the EU, UK and US and the increased construction costs. This evolution has had a negative impact on turnover in the second half of the 2023 financial year, resulting in a sharp decline in the operational profitability of the activities. For the above reasons, SVK expects that the net result for the financial year will amount to a loss of approximately EUR 4,900,000.

The final results for the financial year ending December 31, 2023 still need to be finalised, approved and audited. The final results of the 2023 financial year will be published no later than April 10, 2024.

Important information about forward-looking statements

Certain statements in this press release may be considered "forward-looking". Such forward-looking statements are based on current expectations, and, accordingly, entail and are influenced by various risks and uncertainties. SVK therefore cannot provide any assurance that such forward-looking statements will materialize and does not assume an obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or any other reason.

The board of directors invites all shareholders of the company to attend the extraordinary general meeting, which will be held on Wednesday, February 1, 2023, at 2 p.m. at the company's registered office, Aerschotstraat 114, 9100 Sint-Niklaas. The board of directors proposes to the EGM to grant a general authorisation to the board of directors under the authorised capital. The board of directors announces its transparent motivation for this request in a special report dated December 20, 2022, the contents of which will also be explained at the EGM.

Regulated information – Inside information

SVK is today publishing an update regarding its provisional results for the financial year ending December 31, 2022.

Due to the persistently high costs for energy and raw materials in the course of the second half of the 2022 financial year, SVK expects a sharp decline in the operational profitability of its activities. Despite an expected turnover in line with that of the 2021 financial year, SVK expects that the net result for the financial year will amount to a loss of approximately EUR 3,000,000 for the reasons stated above.

The final results for the financial year ending December 31, 2022 still need to be finalised, approved and audited. The final results of the 2022 financial year will be published no later than April 10, 2023.

Important information about forward-looking statements

Certain statements in this press release may be considered "forward-looking". Such forward-looking statements are based on current expectations, and, accordingly, entail and are influenced by various risks and uncertainties. SVK therefore cannot provide any assurance that such forward-looking statements will materialize and does not assume an obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or any other reason.

The board of directors wishes to disclose the information that will be shared at the meeting on Monday, January 18, 2021 at 2 p.m.

The board of directors invites all shareholders to the extraordinary general meeting of the company that is being convened pursuant to a request brought to the attention of the board of directors by shareholders representing 14,869 shares of the company in order to convene an extraordinary general meeting in accordance with Art. 7:126 of the Code of Companies and Associations (CCA) (the Meeting). The Meeting will be held on Monday, January 18, 2021 at 2 p.m. at the company's registered office, Aerschotstraat 114, 9100 Sint-Niklaas. The meeting will take place physically, taking into account the COVID-19 measures in force at that time.

The company must be able to establish that on June 15, 2020 at midnight (Belgian time) (the "record date") the shareholder was in possession of the number of shares for which he intends to participate in the general meeting.

In accordance with Art. 19 of the Articles of Association, effective from May 11, 2020, the board of directors entrusts the BV Casmati with registered office at Ruggekouterweg 15, 8580 Avelgem, company no. 0743439672 and permanent representative Mr. Bruno Desmet, Chemin du Bois 9, 7750 Mont-de-l'Enclus (Amougies), with the day-to-day management of the company and with the implementation of the decisions of the board of directors, with the ability to act individually.

The board also decides on the basis of Art. 21 of the Articles of Association that the aforementioned company, through its permanent representative and with the ability to act individually, will be able to act in all judicial matters and conduct legal proceedings.

Mr. Walter Verhaert will resign as executive director with effect from May 11, 2020, so that from that date onwards, only his mandate as director of the company will continue for the current term. The board of directors accepts this resignation.

The board of directors announces that the publication of the annual financial report for the 2019 financial year will be postponed until mid-May 2020, as this possibility is provided for in the Royal Decree of April 9, 2020.

The board of directors wishes to inform the shareholders that the ordinary general meeting of the company that should normally be held according to the statutory provisions on Monday, May 11, 2020 has been postponed to Monday, June 29, 2020. The convening notices for the postponed meeting will be published in due time, taking into account the legally required deadlines and formalities.

02.02.2018 – Inside information – Sint-Niklaas, February 2, 2018 – NV SVK is today publishing its provisional results for the financial year ending December 31, 2017 in a trading update. The final results for 2017 will be published in early April 2018, as planned. The closing process for the 2017 financial year, which is still ongoing and will culminate in the preparation of the annual accounts as of 31.12.2017, points to a sharp decline in recurring EBITDA of approximately 90%. The overall turnover for 2017 is only 1.4% lower than in 2016, but nevertheless the lower gross profit margins, the turnover decline in the landfill activities of approximately 45% due to external factors and the booking of non-recurring operating costs in the facing brick department, suspended since 2012, is responsible for a provisional global loss for the 2017 financial year of approximately EUR 2,800,000. These results still need to be audited and approved by the board of directors.

Persons acting in concert who have concluded an agreement concerning the concerted exercise of voting rights in order to implement a lasting common policy: Mr. Johan De Schryver, Mr. Leo De Schryver, Mr. Jacques De Schryver, Ms. Ann De Schryver and natural persons. As holders of in total number of voting securities: 14,141 or 35.35% of the total number of voting rights (40,000).

Persons acting in concert who have concluded an agreement concerning the concerted exercise of voting rights in order to implement a lasting common policy: Ms. Anne Dauwe, Mr. Luc Dauwe and Ms. Hélène Dauwe. As holders of in total voting securities: 3,600 or 9% of the total number of voting rights (40,000).

Persons acting in concert who have concluded an agreement concerning the concerted exercise of voting rights in order to implement a lasting common policy: Ms. Catherine de Dijcker and Ms. Caroline De Dijcker, as holders of total voting securities: 3,900 or 9.75% of total voting rights (40,000).

Persons acting in concert who have concluded an agreement concerning the concerted exercise of voting rights in order to implement a lasting common policy: Mrs. Anna-Maria Elaut, Mr. Jan Elaut, Mrs. Maria-Christina Elaut and natural persons, as holders of in total voting rights: 6,345 or 15.86% of the total number of voting rights (40,000).

Persons acting in concert who have concluded an agreement concerning the concerted exercise of voting rights in order to implement a lasting common policy: Mr. Michel VERHAERT, Ms. Patricia VERHAERT and Miss Nathalie VERHAERT. As holders of in total number of voting securities: 6,468 or 16.17% of the total number of voting rights (40,000).

Notification was received from Mr. Michel Verhaert, Gouden Leeuwstraat 26 at 9111 Belsele: number of capital representing securities held: 2,292 out of a total of 40,000 or 5.73%.