Heimstaden AB (publ)

Interest Rate Update/Notice • Dec 20, 2024

Press Release

20 December 2024

Heimstaden AB (publ) Defers Interest Payment on EUR Perpetual Hybrid Securities

In 2021, Heimstaden AB (publ) ("Heimstaden") issued EUR 300 million perpetual hybrid securities with an annual fixed rate coupon of 6.75% and with ISIN SE0016278352 (the "Hybrid Securities"). According to the terms and conditions of the Hybrid Securities, Heimstaden may, at its sole discretion, elect to defer interest payments.

The next interest payment under the Hybrid Securities is due on 15 January 2025, and Heimstaden has decided to defer said interest payment, as well as future interest payments under the Hybrid Securities, until further notice, to improve its credit profile.

For further information on the deferral of interest under the Hybrid Securities, see the notice of deferral of interest payment which is available on Heimstaden's website, and which is sent to directly registered holders of the Hybrid Securities in the debt register as of 19 December 2024.

Contact:

Frederik Stentoft Berling, Media Relations
Cody Nelson, Investor Relations

+45 21 30 94 89 +47 948 94 196

media@heimstaden.com ir@heimstaden.com

Heimstaden is a leading European residential real estate manager and investor with around 162,000 homes across nine countries with a property value of SEK 332 billion. We acquire, develop, and manage properties with an evergreen perspective. Guided by our Scandinavian heritage and values Dare, Care, and Share – we fulfil our mission to enrich and simplify our customers' lives through Friendly Homes. Heimstaden is listed on Nasdaq First North Growth Market. Read more at www.heimstaden.com. Certified Adviser is Carnegie Investment Bank AB (publ).