Donkey Republic is a publicly listed micro-mobility company headquartered in Copenhagen. We operate bike-sharing systems across Northern Europe under long-term tender and concession contracts and licensed agreements with municipalities and transport authorities. In 2025 we recorded DKK 166M in revenue across a fleet of approximately 23,000 active bikes. With the award of two landmark contracts in Dusseldorf and the Ruhr region, our operational fleet will grow to 30,000+ bikes in 2026. Our strategy, 'Ride and Do Well', is built on the conviction that reliable, city-integrated bike sharing changes how people move. Delivering on that means winning the right contracts in the right cities across our focus markets of DACH, Benelux and the Nordics. Almost all of our growth comes through public procurement. The tender function is not a support function here; it is the commercial engine.