Crayon Group Holding — Capital/Financing Update 2024

Apr 8, 2024

Satisfied conditions for call option notice

Satisfied conditions for call option notice

Reference is made to the stock exchange notice published 21 March 2024 regarding the exercise of Crayon Group Holding ASA’s call option to redeem all outstanding bonds under its FRN senior unsecured bond issue with ISIN NO0011045478.

The exercise of the call option was subject to certain conditions as set out in the call option notice being satisfied or waived by 8 April 2024.

We are pleased to confirm that the conditions in the call option notice have been satisfied and that all outstanding bonds will be redeemed as set out in the stock exchange notice published 21 March 2024. The outstanding bonds will be repaid at a price equal to 101.481% of the Nominal Amount for each redeemed bond (plus accrued and unpaid interest on the redeemed amount), with record date 9 April 2024 and settlement date 11 April 2024.

For further information, please contact:

Kjell Arne Hansen

Head of Investor Relations & Corporate Finance

IR@crayon.com

+47 950 40 372

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