Notice of written procedure for the senior secured bonds due 2019 issued by Filago Prosjekt Holding 1 AS (the “Issuer”) on 29 September 2017 (the “Bonds”).

Intertrust (Norway) AS (the “Trustee”), acting in its capacity as trustee for the Bondholders of the Bonds under the terms and conditions of the Bonds (the “Terms and Conditions”), has as of the 20 June 2019 initiated a written procedure by which Bondholders can approve or reject a proposal for a stand still period, during which the Parent will (1) negotiate terms of a sale of the shares in the Issuer, and (2) propose to make certain amendments to the Terms and Conditions.

For further details of the request and the background and rationale relating thereto, please see the full notice of the written procedure which can be downloaded as per below:

• Notice of written procedure for Filago Prosjekt Holding 1 AS

Voting forms must be received by the Trustee no later than 12.00 (CET) on 10 July 2019.

To be eligible to participate in the written procedure a person must fulfil the formal requirements of being a Bondholder on 19 June 2019.

 
The formal notice for the written procedure has been sent to registered Bondholders and registered authorized nominees at VPS in accordance with the terms and conditions of the Bonds.

If you have any questions, please contact as per below.

To the Trustee:

Intertrust (Norway) AS, Peter Drachmann,

peter.drachmann@intertrustgroup.com, +47 400 22 444

To the Issuer:

Filago Prosjekt Holding 1 AS, Helge Lund-Roland

helge@filago.no, +47 902 59 694