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Notice of second written procedure in Smallville AB (publ)

2 March 2022

Intertrust (Sweden) AB (the “Agent”) acting in its capacity as agent for the bondholders under the terms and conditions for the bonds, has at the request of the Issuer on 2 March 2022 initiated a second written procedure by which bondholders can approve or reject a proposal from the Issuer.

On 10 February 2022, a notice of written procedure was sent to the Bondholders. The voting period expired on 1 March 2022. 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 a right in these cases to call for a second Written Procedure where the quorum requirement does not apply.

The Issuer hereby asks the bondholders through a second written procedure to approve a proposal from the Issuer regarding certain waivers and amendments to the terms and conditions the (“Request“). For further details of the Request and the background and rationale relating thereto, please see the full notice which can be downloaded above.

Pursuant to the terms and conditions, at least sixty-six and two thirds (66 2/3) per cent. of the adjusted nominal amount for which bondholders reply in the written procedure must consent to the Request in order for it to be approved.

The Agent must have received the votes no later than by 12.00 (CET) on 21 March 2022.

Fur further information, please contact:

Intertrust (Sweden) AB
Contact: Beatrice Gustafsson
Phone: +46 70 141 10 82
Mail: trustee@intertrustgroup.com

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