Fasadgruppen Group

Share Issue/Capital Change • Dec 16, 2020

PRESS RELEASE 2020-12-16

Exercise of over-allotment option and end of stabilisation period

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.

Carnegie Investment Bank AB (publ) ("Carnegie") has today notified Fasadgruppen Group AB (publ) ("Fasadgruppen"), Connecting Capital Sweden AB, A.M. Karlsson i Kvicksund AB and Sterner Stenhus Holding AB (together the "Principal Shareholders") that the over-allotment option has been exercised in full and that the stabilisation period has ended.

In connection with the offering to acquire shares in Fasadgruppen and the admission to trading of Fasadgruppen's shares on Nasdaq Stockholm on 9 December 2020 (the "Offering"), the Principal Shareholders entered into an undertaking to within 30 days, upon Carnegie's request, sell up to 2,493,920 additional existing shares in Fasadgruppen to cover over-allotment in connection with the Offering (the "Over-Allotment Option"). The Over-Allotment Option has been exercised in full.

No stabilisation transactions have been carried out and due to Fasadgruppen's share price performance, Carnegie has decided to end the stabilisation period.

For further information, please contact:

Pål Warolin, CEO of Fasadgruppen pal.warolin@fasadgruppen.se, tel. +46 (0)70-925 52 01.

The information was submitted for publication at 20:15 CET on 16 December 2020.

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Important information

This press release does not constitute an offer to sell or a solicitation of any offer to purchase any securities of Fasadgruppen in any jurisdiction where such offer would be unlawful.

Copies of this press release may not be distributed or sent into Australia, Canada, Japan, the United States or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

This press release and the information contained in this press release are not for distribution in or into the United States. This press release does not constitute an offer to sell or a solicitation of an offer to purchase any securities in the United States. Any securities referred to in this press release have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offering of the securities referred to in this press release in the United States.

The securities referred to in this press release have also not been and will also not be registered under the applicable securities laws of Australia, Canada or Japan and, subject to certain exemptions, may not be offered or sold in or into, or for the account or benefit of any person having a registered address in, or being located or resident in, Australia, Canada or Japan. There will be no public offering of the securities referred to in this press release in Australia, Canada or Japan.

This press release does not constitute an offer to acquire securities to persons in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities referred to in this press release. In the United Kingdom, this press release is only being distributed and directed to qualified investors as defined in Regulation (EU) 2017/1129 (the "Prospectus Regulation") who are (i) investment professionals within the meaning of Article 19(5) of the U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a)–(d) of the Order (all such persons together being referred to as "Relevant Persons"). Any investment activity to which this press release relates will only be available to, and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this press release or any of the information contained in this press release.

In any member state of the European Economic Area other than Sweden and the United Kingdom (each a "Relevant State"), this press release, the information contained herein and this offering are only addressed to and directed at persons who are qualified investors within the meaning of the Prospectus Regulation. The securities referred to herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will only be engaged with, qualified investors. This information should not be acted or relied upon by persons in any Relevant State who are not qualified investors.

This press release is not a prospectus for the purposes of the Prospectus Regulation or underlying legislation. The Company has published a prospectus prepared pursuant to the Prospectus Regulation. The prospectus has been approved and registered by the Swedish Financial Supervisory Authority. Investors should not subscribe for or purchase any securities referred to in this press release except on the basis of information contained in the prospectus.

Forward-looking statements

This press release may contain forward-looking statements. Such statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "intend", "may", "plan", "estimate", "will", "should", "could", "aim" or "might", or, in each case, their negative, or similar expressions. The forward-looking statements in this release are based upon various estimates and assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are subject to significant known and unknown risks, uncertainties, contingencies and other important factors, which are difficult or impossible to predict and are beyond the Company's control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this press release by such forward-looking statements. The Company does not guarantee that the assumptions

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underlying the forward-looking statements in this press release are correct, nor does the Company undertake any responsibility for the future accuracy of the opinions expressed in this press release or any obligation to update or revise the statements in this press release to reflect actual events or developments. Undue reliance should not be placed on the forward-looking statements in this press release.

The information, opinions and forward-looking statements contained in this press release speak only as at this date and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm or to announce any revisions to any forward‐looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release.

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