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Eleving Group S.A.

Capital/Financing Update Oct 17, 2025

8206_iss_2025-10-17_7074e0b6-0e6f-4f79-9919-bc3e9050e6d4.pdf

Capital/Financing Update

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Luxembourg, 17 October 2025

Eleving Group determines the aggregate principal amount of the new 2025/2030 bonds

The aggregate principal amount of the new Eleving Group Senior Secured and Guaranteed EUR bonds with ISIN XS3167361651 (the "Bonds") has been fixed at EUR 275,000,000 with effect from 17 October 2025.

Having concluded the public offering of the Bonds in Estonia, Latvia, Lithuania, Luxembourg and Germany on October 17, 2025, Eleving Group fixed the aggregate principal amount of the Bonds to be issued at 275,000,000.

Subject to the prospectus for the public offering, listing and admission to trading of the Bonds dated 29 September 2025, as approved by the CSSF, the aggregate principal amount of the Bonds was initially indicated as up to EUR 250,000,000. A prospectus supplement was subsequently approved by the CSSF on 17 October 2025, amending among others the aggregate principal amount to up to EUR 300,000,000.

The Bonds are expected to be issued on 24 October 2025, and admitted to trading on or around 27 October 2025, on the Frankfurt Stock Exchange's regulated market (General Standard) and the Baltic regulated market of the Nasdaq Riga Stock Exchange.

All information on the offering process, the securities prospectus approved by the CSSF, and the documents for inspection are available on the Group's website: https://eleving.com/investors/.

More about the bond issuance campaign can be found on the Group's investment website: https://www.eleving.com/invest.

More about Eleving Group

www.eleving.com

Contact information for existing bondholders and new investors

Eleving Group, [email protected], (or alternatively at +371 22 056 940 for other inquiries)

For media inquiries

Elīna Dobulāne, Eleving Group Chief Corporate Affairs Officer, [email protected], +371 25959447

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