Bonava

Share Issue/Capital Change • Mar 31, 2017

Press release

March 31, 2017

New number of votes in Bonava AB due to conversion

The number of shares and votes in Bonava AB has changed due to conversions of a total of 18,616 shares of series A to a total of 18,616 shares of series B.

According to Bonava's articles of association, owner of a share of series A has the right to request that such share is converted to a share of series B. In February, 18,616 shares of series A shares were converted to 18,616 shares of series B at the request of shareholders.

Following the conversions, there were, as of February 28, the last trading day of the month, a total of 108,435,822 registered shares in Bonava AB. Of these 13,451,701 are shares of series A and 94,984,121 shares of series B. The number of votes in the company amounts to 229,501,131 based on the number of registered shares.

For more information, please contact:

Ann-Sofi Danielsson, CFO and Head of Investor Relations ann-sofi.danielsson@bonava.com Tel: +46 706 740 720

Bonava's media line E-mail: ir@bonava.com Tel: +46 709 556 654

Bonava is a leading residential development company in Northern Europe. Born out of NCC, Bonava has been creating homes and neighbourhoods since the 1930s. Today, Bonava has 1,600 employees and operates in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia with sales of SEK 13.5 billion. Bonava's shares are listed on Nasdag Stockholm.

For more information about us: bonava.com

This information is information that Bonava AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on March 31, 2017.

Bonava AB (publ) Lindhagensgatan 72, 102 22 Stockholm, Sweden Tel:+46 8 409 544 00 Reg.no: 556726-4121 bonava.com