Axactor SE — Capital/Financing Update 2023

Apr 18, 2023

Axactor ASA reaches agreement on the renewal of its revolving credit facility

Axactor ASA reaches agreement on the renewal of its revolving credit facility

Oslo, 18 April 2023 - Today Axactor has reached an agreement with its banks on

all principal terms relating to the renewal of the company's EUR 545 million

senior secured revolving credit facility. The facility has been structured on

satisfying terms and a 3-year maturity, with the option to extend maturity with

additional two years subject to separate credit approval.

"I am proud that we are able to continue our path of securing funding on

compelling terms, despite the challenging macroeconomic time we are in. This is

the result of a thriving relationship with the banks and solid results created

by Axactor over time. I would like to thank both our banks and our employees for

the great result" says Johnny Tsolis, CEO of Axactor.