Kährs confirms that the redemption of its outstanding senior secured sustainability linked floating rate bonds 2021/2026 with ISIN SE0017085285 is no longer conditional

Kährs BondCo AB (publ) (the "Company") hereby refers to its senior secured sustainability linked floating rate bonds 2021/2026 with ISIN SE0017085285 (the "Bonds") and to the terms and conditions of the Bonds (the "Terms and Conditions").

Reference is further made to the Company’s press release on 24 October 2024 and the call notice dated 24 October 2024, in which the Company informed the holders of the Bonds that it was exercising its option to redeem all outstanding Bonds in full pursuant to Clause 12.3 (Early voluntary total redemption (call option)) of the Terms and Conditions (the "Call Notice") on 9 December 2024 (the "Redemption Date"). The Company's obligation to redeem the Bonds on the Redemption Date was conditional upon (i) the successful settlement of the Company's new SEK 1,450,000,000 senior secured floating rate bonds (the "New Bonds") (including receipt of proceeds) and (ii) the satisfaction of the conditions precedent for the New Bonds, in each case before the Record Date (together, the "Conditions").

The Company hereby confirms that the Conditions are, or will be, fulfilled and that the Call Notice is no longer conditional. Hence, the Company will redeem the outstanding Bonds on the Redemption Date in accordance with the Call Notice.