Axactor SE - Capital/Financing Update 2023

Axactor ASA: Successful placement of new senior unsecured bond issue

Axactor ASA ("Axactor"), rated B1 (Positive) / B (Stable) by Moody's/S&P, has

successfully completed a new 4-year senior unsecured bond issue of NOK 2,300

million. The bond will carry a coupon of 3m NIBOR + 8.25%. The net proceeds

from the bond issue will be used to call the remaining outstanding amount of

"ACR02" (ISIN NO0010914666) and for general corporate purposes. An application

will be made for the bonds to be listed on Oslo Stock Exchange.

Concurrently with the new bond issue, Axactor has repurchased approximately EUR

49.6 million in the outstanding bond issue "ACR02".

Arctic Securities, DNB Markets and Nordea acted as Joint Lead Managers in

connection with the placement of the bond issue.

For additional information, please contact:

Johnny Tsolis, CEO, Axactor

Tel: +47 913 35 461

Kyrre Svae, Chief of Strategy & IR, Axactor

Tel: +47 478 39 405

To learn more about Axactor, visit www.axactor.com

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