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Aker

Share Issue/Capital Change May 27, 2025

3526_iss_2025-05-27_9abb7ec6-e22d-4f7b-b574-689d3a6140eb.html

Share Issue/Capital Change

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Aker ASA: Aker Property Group to Exchange Class B Shares for Class A Shares in Samhällsbyggnadsbolaget i Norden AB

Aker ASA: Aker Property Group to Exchange Class B Shares for Class A Shares in Samhällsbyggnadsbolaget i Norden AB

Fornebu, May 27, 2025. Aker Property Group, a wholly owned subsidiary of Aker

ASA, today announces that its wholly owned subsidiary, APG Invest AS ("APG"),

has entered into an agreement to exchange 125,038,756 class B shares for

100,923,623 class A shares in Samhällsbyggnadsbolaget i Norden AB (STO: SBB)

("SBB").

The transaction follows the previously announced agreement on May 13, 2025,

under which APG acquired 164,561,931 class B-shares in SBB, representing

approximately 9.08% of SBB's share capital and 4.44% of the voting rights. Upon

completion of the current transaction, APG will hold 100,923,623 class A shares

and 39,523,175 class B shares in SBB, corresponding to a total ownership of

approximately 7.75% of the share capital and 28.32% of the voting rights.

"This share exchange reflects a step towards taking a more active ownership role

in SBB, in line with Aker's strategy and proven method of work. With increased

voting rights and eventual board representation, we look forward to working

closely with the company's leadership and board to help revitalize the company

and strengthen its balance sheet," said Øyvind Eriksen, President and CEO at

Aker ASA.

The transaction is expected to be completed around the end of Q2 2025, subject

to the receipt of Foreign Direct Investment (FDI) clearances.

BAHR and Mannheimer Swartling are acting as legal advisors for Aker Property

Group.

About SBB

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region's leading

property company in social infrastructure. The Company's strategy is to long

term own and manage social infrastructure properties in the Nordics and rent

regulated residential properties in Sweden, and to actively work with property

development. Through SBB's commitment and engagement in community participation

and social responsibility, municipalities and other stakeholders find the

Company an attractive long-term partner. The Company's series B shares (ticker

SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm. Further

information about SBB is available at www.sbbnorden.se.

Media contact:

Atle Kigen, Head of Media Relations and Public Affairs, Aker ASA

Tel: +47 90 78 48 78

Email: [email protected]

Investor contacts:

Svein Oskar Stoknes, Chief Financial Officer, Aker ASA

Tel: +47 94 80 46 43

Email: [email protected]

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation article 7 and is subject to the disclosure requirements

pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading

Act. This stock exchange announcement was published by Laila Hop, Paralegal,

Aker ASA, on May 27, 2025, 11:10 CEST.

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