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Notice of second written procedure in bonds issued by Koggbron Projekt (Junior)

25 April 2024

To the holders SEK 75,000,000 (or its equivalent in NOK and USD) Second Lien Secured Callable Fixed Rate Bonds 2017/2019 with SEK BOND – ISIN: SE0009696511, NOK BOND – ISIN: NO0010787633, USD BOND – ISIN: NO0010787641, originally dated 24 March 2017, as amended and restated on 22 March 2019 (the “Junior Bonds”).

On 8 April 2024, a notice of written procedure was sent to the Bondholders, regarding an amendment of certain provisions of the Terms and Conditions. The voting period expired on 24 April 2024 (the “First Written Procedure”). The number of votes obtained proved to be insufficient in order to form a quorum. However, pursuant to the Terms and Conditions, the Issuer retains the right in these cases to call for a second written procedure where the quorum requirement does not apply.

On behalf of and as requested by the Issuer, the Agent, acting in its capacity as Agent for the Junior Bondholders under the Terms and Conditions, hereby initiates a second written procedure (the “Second Written Procedure”), whereby the Junior Bondholders can approve or reject a proposal from the Issuer regarding a conversion of Junior Bonds to Senior Bonds.

Record Date (for voting):  25 April 2024

Last time and day to vote: 12:00 CET on 16 May 2024 at 12.00

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