NIVIKA FASTIGHETER AB (PUBL) HEREBY GIVE NOTICE OF UNCONDITIONAL REDEMPTION OF THEIR MAXIMUM SEK 800,000,000 SENIOR UNSECURED FLOATING RATE GREEN BONDS 2020/2023

("NOTICE OF REDEMPTION")

To: The Bondholders and the Agent (as defined in the Terms and Conditions)

Date: 4 May 2023

We refer to the senior unsecured floating rate green bonds with ISIN SE0014855763 (the "Bonds") issued by Nivika Fastigheter AB (publ) (the "Issuer"), and to the terms and conditions of the up to SEK 800,000,000 senior unsecured floating rate green bonds, originally dated 18 September 2020 and as amended on 2 May 2023 (the "Terms and Conditions").

Notice is hereby given pursuant to clause 10.3(a)(i) (Voluntary total redemption (call option)) of the Terms and Conditions, that the Issuer is exercising its option to redeem in full all outstanding Bonds on 17 May 2023 (the "Redemption Date"), at a redemption price of 100.50 per cent. of the Nominal Amount (as defined in the Terms and Conditions), together with accrued but unpaid interest (the "Redemption Price").

The record date on which any holder must hold any Bond to be entitled to the Redemption Price is 10 May 2023 (the "Record Date"). In connection with the redemption, the Bonds will be delisted from Nasdaq Stockholm.

Nivika Fastigheter AB (publ)