Under contractual arrangements between the shareholders, Gasunie has no significant influence in the equity interests.

The total fair value of other equity interests at year-end 2025 was € 7.0 million (year-end 2024: € 7.0 million). For all interests this is a level 3 measurement (year-end 2024: level 3). No dividend was paid in 2025 in regard to the other equity interests (same as in 2024).

As regards our equity interest in Nord Stream, which we acquired in 2008, the context in which we hold shares has changed significantly since Russia invaded Ukraine in 2022. Furthermore, both pipelines were severely damaged as a result of the explosions that occurred on 26 September 2022, with the result that neither pipeline has been operational since. At year-end 2025, we reviewed the operational and financial future of Nord Stream and assessed the consequences for us as a shareholder. Based on our assessment, we decided to keep the fair value of our interest in Nord Stream at year-end 2025 at € 0 (year-end 2024: € 0). As a shareholder, we conduct ourselves fully in compliance with the relevant national and EU legislation. We periodically assess any developments and their implications for us as shareholder.

Our assumption for the other equity interests in ESDN, PRISMA and SCW Systems is that, partly on account of their relatively small size, the fair value is a good estimation of the carrying amount. We have, therefore, not included a fair value calculation and sensitivity analysis in the financial statements for these interests.