16 January 2025
To the former Holders of the previously outstanding SEK 1,615,000,000 unsubordinated perpetual floating rate callable capital securities with ISIN SE0014957999 (the “Hybrid Instruments”) issued by SAS AB (publ) (“SAS”) on 23 October 2020 and cancelled in full on 3 September 2024.
On 6 August 2024, SAS announced that the relevant Record Date for the entitlement to receive CVNs was 15 August 2024. On 27 August 2024, SAS announced that all conditions precedent under the Plan had been satisfied or waived (such date, the “Effective Date”). The CVNs were issued to the holders of general
unsecured claims who had submitted a validly-completed CVN Registration Form on 25 September 2024 (the “CVN Issue Date”). Holders representing more than 70% of the previously outstanding principal amount of Hybrid Instruments had submitted a validly-completed CVN Registration Form and consequently received CVNs on or about the CVN Issue Date.
If you have difficulties understanding the information in this notice or otherwise need assistance in registering for CVNs, please contact the Agent (trustee@intertrustgroup.com) and/or consult with your custodian.