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Genova Property Group AB (publ) – Conditional Notice of Early Redemption – ISIN: SE0014808820

27 October 2023

Reference is made to the terms and conditions of the senior unsecured green bonds with ISIN SE0014808820 (with an aggregate amount outstanding of SEK 750,000,000) (the “Bonds”) issued by Genova Property Group AB (publ) (the “Issuer”) initially on 9 September 2020 in accordance with the terms and conditions for the Bonds (as amended and restated on 18 August 2021) (the “Terms and Conditions”).

All capitalised terms used herein and not otherwise defined in this Notice shall have the meaning assigned to them in the Terms and Conditions.

The Issuer hereby gives conditional notice to all Holders of the Issuer’s outstanding Bonds for early redemption of the Bonds in full in accordance with Clause 10.3 (Early voluntary redemption by the Issuer (call option)) in the Terms and Conditions (the “Redemption”). Subject to the condition described below, the Redemption Date is set to 24 November 2023 and the Record Date for the early redemption will be 17 November 2023, i.e. five (5) Business Days prior to the Redemption Date.

The Redemption is conditional upon the successful settlement of a SEK-denominated senior unsecured debt capital markets transaction (in accordance with the press release published by the Issuer on the date hereof) prior to the Record Date (the “Conditions”).

The fulfilment of the Conditions will be confirmed to the Holders through a press release. Should the Conditions not be fulfilled by the Record Date, the Redemption will not occur (unless the Conditions has been waived by the Issuer at its sole discretion) which will, in such case, be confirmed to the Holders through a press release.

If the Conditions is satisfied or waived by the Issuer, the Redemption will be irrevocable and all outstanding Bonds will be redeemed at the redemption price of 102.25 per cent. of the total outstanding Nominal Amount (i.e., SEK 1,278,125 per Bond). Any accrued and unpaid interest will also be paid in respect of the Bonds in accordance with the Terms and Conditions. The redemption amount together with accrued and unpaid interest up to and including the Redemption Date will be paid to each person who is registered as owner of Bonds in the debt register maintained by Euroclear Sweden at end of business on the Record Date.

In connection with the Redemption, the Bonds will be delisted from Nasdaq Stockholm.

The full version of the notice can be found here.

For further information, please contact the Issuer at:

Michael Moschewitz, CEO, [email protected]

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