Axactor SE

Share Issue/Capital Change • May 24, 2018

KEY INFORMATION RELATING TO THE REVERSE SHARE SPLIT AND CHANGE OF ISIN CODE IN AXACTOR AB (PUBL)

Reference is made to the stock exchange report made on May 4, 2018 regarding the ordinary general meeting's resolution of a reverse share split with a ratio of 10:1.

The company has resolved that the reverse split shall be implemented based on the key dates set out below:

Date on which the corporate action was made public: May 4, 2018 Reverse split ratio: 10:1 (10 existing shares give 1 new share) Last day including right: May 30, 2018 Ex-date: May 31, 2018 Record date: June 1, 2018 Date of approval: May 4, 2018

Other information: After the completion of the reverse split, the company will have 154,448,102 shares outstanding, each with a nominal value of EUR 0.5234232.

The ISINcode of the company's shares will change with effect from May 31, 2018. As from May 31, 2018 the company's shares will be tradable under ISINcode SE0011309319.

This information is published in accordance with the requirements in the Continuing Obligations.

For questions please contact Johnny Tsolis, CFO, Axactor Mobile phone: +47 913 35 461 Email: johnny.tsolis@axactor.com www.axactor.com

Oslo, May 24, 2018 Axactor AB (publ.)

About Axactor

Axactor Group specializes in both Debt Collection and Debt Purchasing across several countries, with operations in Italy, Germany, Norway, Sweden and Spain. The company has a Nordic base and an ambitious Pan-European growth strategy, which targets the market for nonperforming loans (NPL) in Europe. This market is estimated to be about 1,500 billion euros across Europe providing significant opportunities for Axactor's future expansion. Axactor has approximately 950 employees.