| Related parties Related party transactions as of 30 June 2026 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Purchases / interest | | Sold service | | Receivables | | Payables/ borrowings | Alvogen Lux Holdings S.à r.l. – Sister company (a) | 1,473 | | | — | | | — | | | 1,434 | | | | | | | | | | | Aztiq Consulting ehf. – Sister company | 90 | | | — | | | — | | | 85 | | | Flóki-Art ehf. - Sister company | — | | | — | | | — | | | 411 | | | | | | | | | | | | | | | | | | | Aztiq UK Ltd. - Sister company | 132 | | | — | | | | | 82 | | | Alvogen Finance B.V. - Sister Company | 731 | | | — | | | — | | | — | | | Lotus Pharmaceuticals Co. Ltd. - Sister company | — | | | 92 | | | 90 | | | — | | | Alvogen Inc. - Sister company | — | | | 92 | | | 89 | | | 656 | | | | | | | | | | Entity under common influence/control (b) | | | 39,750 | | | | | | Klettagarðar 6 ehf. - Sister company (c) | 673 | | | 915 | | | | | 2,898 | | | L41 ehf. - Sister company | 4 | | | — | | | — | | | 2 | | | Flóki Invest ehf - Sister company | 778 | | | — | | | — | | | 799 | | | | | | | | | | | Alvogen Spain SL - Sister company | — | | | — | | | — | | | 15 | | | Norwich Clinical Services Ltd - Sister company | 761 | | | — | | | — | | | 597 | | | Hlíðarvegur 20 ehf. | 21 | | | — | | | — | | | — | | | Fasteignafélagið Eyjólfur ehf - Sister company | 8,158 | | | — | | | — | | | 95,858 | | | Flóki fasteignir ehf. - Sister company | 2,640 | | | — | | | — | | | 13,703 | | | 15,461 | | | 40,849 | | | 179 | | | 116,540 | |
(a)The full amount of purchased service relates to royalty expense. (b)During the six months ended 30 June 2026, the Group recognized $39.8 million of License and other revenue under a strategic licensing and commercialization arrangement with an entity under common control/influence (see Note 5). (c)The receivable is classified within Other long-term assets in the Consolidated Statement of Financial Position.
Related party transactions for the six months ended 30 June 2025 and as of 31 December 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | 30 June 2025 | | 31 December 2025 | | Purchased service /
interest | | Sold service | | Receivables | | Payables/
borrowings | Alvogen Lux Holdings S.à r.l. – Sister company (a) | 3,925 | | | — | | | — | | | — | | | ATP Holdings ehf. - Sister company | 210 | | | 32 | | | — | | | 125 | | | | | | | | | | | Aztiq Consulting ehf. – Sister company | — | | | — | | | 5 | | | — | | | Flóki-Art ehf. - Sister company | — | | | — | | | — | | | 430 | | | Alvogen Iceland ehf. - Sister company | 6 | | | — | | | — | | | — | | | Alvogen ehf. - Sister company | — | | | 22 | | | | | — | | | Alvogen UK - Sister company | 93 | | | — | | | — | | | 28 | | | Alvogen Finance B.V. - Sister Company | 415 | | | — | | | — | | | — | | | Lotus Pharmaceuticals Co. Ltd. - Sister company | 1 | | | — | | | — | | | — | | | Alvogen Inc. - Sister company | 37 | | | 3 | | | | | 656 | | | Klettagarðar 6 ehf. (c) | — | | | — | | | 4,037 | | | 2,923 | | Adalvo Limited - Sister company (b) | 621 | | | 184 | | | | | | | L41 ehf. - Sister company | 36 | | | — | | | — | | | 6 | | | Flóki Invest ehf - Sister company | 516 | | | — | | | — | | | 276 | | | Alvogen Malta Sh. Services - Sister company | 13 | | | — | | | — | | | — | | | Alvogen Spain SL - Sister company | — | | | — | | | — | | | 16 | | | Norwich Clinical Services Ltd - Sister company | 738 | | | — | | | — | | | 605 | | | Hlíðarvegur 20 ehf. | 18 | | | — | | | — | | | — | | | Fasteignafélagið Eyjólfur ehf - Sister company | 7,707 | | | — | | | — | | | 96,304 | | | Flóki fasteignir ehf. - Sister company | 1,324 | | | — | | | — | | | 15,838 | | | 15,660 | | | 241 | | | 4,042 | | | 117,207 | |
(a)The full amount of purchased service relates to royalty expenses. (b)No longer a related party at 31 December 2025. (c)The receivable is classified within Other long-term assets in the Consolidated Statement of Financial Position.
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