JM — Capital/Financing Update 2021

Nov 30, 2021

PRESS RELEASE | 202 1-11-3 0

Conversion of Convertible debentures in to shares in JM AB (publ)

During November 2021, employees in JM have converted Convertible debentures in to 22,974 shares.

The total issued and outstanding amount of shares in the company is 69,724,361 and 68,755,761 respectively.

For more information please contact:

Carl Bandhold, CFO, +46 (0)8 782 18 44.

This information is information that JM AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 14:00 CET on 2021-11-30.

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JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 15 billion and the company has about 2,400 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. For more information www.jm.se/en.