--- title: "Meridian Outdoor Co. — Annual Report 2025" author: "Elena Márquez, CFO" forMat: Docx pages: 6 --- ![](data:iMage/png;base64,iVBORw0KGgoAAAANSUhE/BfF2EfdJraSWKkpovabi+yNdYdH4StCLMkdBexSf......GpL8d0I+XzZ816G34RorUP8eBPPb/M+Z9GChljdsihnAJs1oy5m+vK6MP1PX.../LyzOc8+Pjz8eue3w6pTtZFgI7d5+M/T97V/ZvT+27eyKBx9/Pu74u8fi463...