Serneke Group

Capital/Financing Update • May 28, 2021

Serneke Group repays SEK 200 million of outstanding bond loans

Serneke Group AB will repay SEK 200 million on 1 June 2021 on its bond loan with ISIN SE0011256338. The amortization takes place in accordance with current bond terms.

The complete terms and conditions are available on the company's website.

For additional information, please contact:

Anders Düring, CFO Serneke Group AB Tel: +46 31 712 97 00 anders.during@serneke.se

Johan Live, Communications Manager, Serneke Group AB Tel: + 46 768 68 11 37 johan.live@serneke.se

The information was released for public disclosure, through the agency of the contact person above, on May 28, 2021 at 07.30 a.m. CET

Serneke is a growing corporate group active in contracting and project development. The Group was founded in 2002 and today has income of nearly SEK 6.9 billion and approximately 1,100 employees, organized into three business areas: Serneke Sweden, Serneke Invest and Serneke International. Through novel thinking, the Company drives development and creates more effective and more innovative solutions for responsible construction. The Company builds and develops housing, commercial buildings, industrial facilities, public buildings, roads and civil engineering projects, and other infrastructure. The company's customers consist of both public and commercial clients. The Company's Swedish units operate nationwide and are organized into five regions: South, West, East, Central and North, and are headquartered in Gothenburg. The Company's Series B shares (SRNKE) have been listed on the Nasdaq Stockholm exchange since November 2016.

Further information about Serneke Group AB is available at www.serneke.se