Castellum — Capital/Financing Update 2024

Oct 31, 2024

Castellum AB's subsidiary Kungsleden AB announces results from first noteholders' meeting and publishes notice of second noteholders' meeting

Kungsleden AB (publ) ("Kungsleden") has today announced that it has held a noteholders' meeting in order to request consent for Castellum AB (publ) (co. reg. no. 556475-5550) ("Castellum") to replace Kungsleden as issuer under Kungsleden's outstanding MTN program (the "Request").

In relation to the notes maturing in June 2025 (ISIN: SE0012676856), January 2026 (ISIN: SE0012194009), August 2025 (ISIN: SE0013359791), September 2026 (ISIN: SE0013882602) and January 2027 (ISIN: SE0013104304) (together the "Outstanding Loans"), a sufficient number of votes was obtained to form a quorum under the Outstanding Loans and a majority (close to 100 per cent.) of the noteholders that were voting in the noteholders' meeting voted in favor of the Request. It is therefore resolved that the Request has been approved in respect of the Outstanding Loans.

In respect of the notes maturing in March 2028 (ISIN: SE0013882941) (the "Loan"), the number of votes obtained was insufficient to form a quorum under the Loan. Pursuant to the Loan Terms (as defined in the Second Notice (as defined below)), Kungsleden has instructed Nordic Trustee & Agency AB (publ) as agent (the "Agent") under the terms and conditions for the Loan to issue a notice to a second noteholders' meeting where the quorum requirement does not apply (the "Second Notice"). The votes submitted in relation to the Loan for the first noteholders' meeting will still be valid for the second noteholder's meeting and eligible for the Early Bird Consent Fee (as defined in the notice to the first noteholders' meeting) as long as the relevant noteholders submitted such votes in accordance with the terms set out in the first notice.

Further information regarding the Request and the second noteholders meeting may be found in the Second Notice available on the website of Kungsleden (https://www.castellum.com/investors /kungsleden-archive/kungsleden-capital-markets-products/) and on Stamdata (www.stamdata.com).

For further information, please contact:

Castellum AB (publ) Joacim Sjöberg, CEO Telephone: +46 (0)8-503 052 00 Jens Andersson, CFO Telephone: +46 (0)76-855 67 02

Press Release 31 October 2024 13:50:00 CET

About Castellum

Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 30 September 2024, the property value totalled approximately SEK 155 Bn, including the ownership share of the Norwegian company Entra ASA. We are active in attractive Nordic growth regions. One of our sustainability goals is to become entirely climate neutral by 2030 at the latest. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap and is classified as green according to Green Equity Designation.

Beyond expectations.

www.castellum.com

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Castellum AB's subsidiary Kungsleden AB announces results from first noteholders' meeting and publishes notice of second noteholders' meeting