Notice of second written procedure for senior bonds issued by Koggbron Projekt AB (publ)

To the holders of the up to SEK 350,000,000 (or its equivalent in NOK and USD) Senior Secured Callable Fixed Rate Bonds due 2019 with ISIN SE0009696479, NO0010787617, NO0010787625 (the “Bonds”) issued by Koggbron Projekt AB (publ) (the “Issuer”) on 24 March 2017.

On 11 May 2023, a notice of written procedure was sent to the Bondholders regarding a proposal whereby the Bondholders could approve or reject a proposal from the Issuer to inter alia postpone interest payments and certain other amendments to the Terms and Conditions and the Security Documents. The voting period expired on 30 May 2023. The number of votes obtained proved to be insufficient in order to form a quorum. However, pursuant to the Terms and Conditions, the Issuer retains a right to call for a second written wrocedure where the quorum requirement does not apply.

On behalf of and as requested by the Issuer, Intertrust (Sweden) AB (the “Trustee”), acting in its capacity as Trustee for the Bondholders under the Terms and Conditions, hereby initiates a second written procedure whereby the Bondholders can approve or reject a proposal from the Issuer to inter alia postpone interest payments and certain other amendments to the Terms and Conditions and the Security Document.

Eligible votes received by the Trustee in the first written procedure are valid in the second written procedure, provided that the voting Bondholders have so agreed by ticking the appropriate box in the voting form in the first written procedure.

The proposal by the Issuer and the background thereto is described in the notice of second written procedure, which can be found in full through the link below.

Karlholm – Notice-of-second written-procedure 20230601

An investor presentation, which contains further description of the written procedure and the proposal, is available to the Bondholders through the following link:

https://www.intertrustgroup.com/our-services/capital-markets-services/bond-news/koggbron-projekt-ab-publ-investor-presentation/

Important dates:

Record Date (for voting): 1 June 2023

Last time and day to vote: 12:00 CET on 20 June 2023

For further questions please see below.

For questions to the Issuer regarding the proposal, please contact the Issuer:

Koggbron Projekt AB, Anders Högberg, [email protected], +352 621 324 466

For questions to the Agent regarding the administration of the written procedure, please contact the Agent

Intertrust (Sweden) AB, Kristofer Nivenius, [email protected], +46 70 688 1910