Crayon Group Holding — Capital/Financing Update 2024

Jul 2, 2024

Crayon signs new NOK 1,5 billion revolving credit facility

Crayon signs new NOK 1,5 billion revolving credit facility

Crayon Group Holding ASA has signed a NOK 1,5 billion revolving credit facility with a 3-year tenor and a two-year extension option at competitive terms. The participating banks are Danske Bank, ING and Citibank. The facility replaces Crayons existing facility which had a maturity date in April 2025. The facility is available for general corporate purposes.

Danske Bank acted as Documentation Coordinator, Facility/Security Agent and Bookrunner, while ING and Citibank acted as Mandated Lead Arrangers.

The company is pleased to continue its relationship with Danske Bank, and welcome Citibank and ING as part of Crayons core banking group. The participation of two large international banks is a statement to Crayons strong international position and will further support Crayons international expansion journey.

Together with the recent bond refinancing, completed in April, the newly signed revolving credit facility secures Crayons long-term financing requirement while adding increased flexibility in the funding structure at a significantly lower cost level.

For further information, please contact:

Kjell Arne Hansen

Head of Investor Relations & Corporate Finance

kjellarne.hansen@crayon.com

+47 950 40 372

About Crayon

Crayon is a customer-centric innovation and IT services company with over 4000 team members across 46 countries. We optimize businesses’ IT estate to help them innovate with expertise they can trust. Our services create value for companies to thrive today, and scale for tomorrow. For more information, visit www.crayon.com.