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Axactor SE

Capital/Financing Update Aug 28, 2023

3549_rns_2023-08-28_1e99a47a-e02d-4437-8917-b8d886c55594.html

Capital/Financing Update

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Axactor ASA - Notice of exercise of call option

Axactor ASA - Notice of exercise of call option

We refer to the stock exchange notice published 25 August 2023 regarding the

successful placement of a new senior unsecured bond issue. Axactor ASA has today

notified Nordic Trustee AS that it will exercise the call option to redeem all

outstanding bonds (EUR 200,000,000) under its senior unsecured bond issue (with

ISIN NO0010914666) and each Bondholder is hereby given notice thereof. The bonds

were issued 12 January 2021 with maturity 12 January 2024.

The exercise of the call option is conditional upon certain conditions as set

out in the Call Option Notice being satisfied no later than 8 September 2023.

Subject to satisfaction of the aforementioned conditions, the entire bond issue

will be repaid at a price equal to 101 per cent of the Nominal Amount, plus

accrued and unpaid interest on the redeemed amount, with settlement date 12

September 2023.

Reference is made to the attached notice from Nordic Trustee AS for further

information about the call option.

For additional information please contact:

Johnny Tsolis, CEO, Axactor

Tel: +47 913 35 461

E-mail: [email protected]

Kyrre Svae, Chief of Strategy & IR, Axactor

Tel: +47 478 39 405

E-mail: [email protected]

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