Bondholders’ Meeting in Bong AB (publ) resolves on amendments to Convertible Bonds.

Bondholders’ Meeting in Bong AB (publ) resolves on amendments to Convertible Bonds in order to enable Bong to carry out a conversion of all Convertible Bonds into Bong shares

Intertrust CN (Sweden) AB, acting in its capacity as agent for the Bondholders under the terms and conditions of the SEK 75,000,000 Convertible Bonds 2013/2018 with ISIN SE0005281821 issued by Bong AB (publ)( the “Company”), has at the request of the Company convened the Bondholders to a Bondholders´ Meeting in which the Bondholders could approve or reject a request by the Company to amend the terms and conditions for the Convertible Bonds.

The Bondholders’ Meeting was held on 19 January 2016, at 17.30 (CET) at Intertrust’s office. The quorum was met and the proposed amendments were approved. The amendments will come into effect subject to approval by the Extra General Meeting in the Company and immediately following the company’s registration with the Swedish Companies Registration Office (Bolagsverket).

The details of the proposed amendments and any capitalized terms used but not defined herein are fully described in the Notice of Bondholders’ Meeting and the Company’s press release about the outcome of the Bondholders’ Meeting which can be found on www.bong.com.

The new version of the amended and restated terms and conditions can be
downloaded here.

Please direct any questions that you may have to either the Company or the Agent.

Agent

Intertrust: Anna Litewka, +46 8 402 7211, trustee@intertrustgroup.com

The Company

Bong: Stéphane Hamelin, CEO, Bong AB, phone (switchboard) +46 44-20 70 00