Research and development

R&D expenses at Uzin Utz SE amounted to EUR 6,939 thousand (6,743) in 2025. In the 2025 reporting year, the average of 62 (58) employees at the SE achieved an SE innovation rate of 37.3% (37.7) for the Uzin brand. The products developed by Uzin Utz SE at its main development site in Ulm have a Blue Angel/Emicode EC1 Plus rate of 94.9% (97.4) relative to sales, which in turn clearly underscores our commitment to sustainability. Uzin Utz SE’s innovative strength is demonstrated by the total of 7 (14) new products that were prepared for launch under the UZIN brand in 2025.

Opportunities and risks

The business performance of Uzin Utz SE is generally subject to the same risks and opportunities as those of the Uzin Utz Group. Therefore, the above statements regarding the Uzin Utz Group also apply to Uzin Utz SE. In addition, charges may arise from statutory or contractual liability obligations (particularly financing) with subsidiaries and associates, from write-downs on financial assets, and from write-downs on financial receivables from subsidiaries and associates.

Forecast

The future business performance of Uzin Utz SE is subject to essentially the same factors as that of the Uzin Utz Group. Consequently, we forecast that Uzin Utz SE’s sales revenues will remain at the current level, with a sharp decline in EBIT and, consequently, a significant reduction in the EBIT margin. The future development of Uzin Utz SE’s non-financial performance indicators (capacity utilization, innovation rate, and health rate) corresponds to that of the Uzin Utz Group.

Ulm, March 26, 2026

The Management Board