JM — Share Issue/Capital Change 2022

Jul 29, 2022

PRESS RELEASE | 2022-07-2 9

Notification of reduction share of capital in JM AB (publ)

JM has received permission by the Swedish Companies Registration Office to effect the reduction of share capital with SEK 1,477,650 regarding 1,477,650 shares as per July 14, 2022 decided at the Annual General Meeting on March 31, 2022. In accordance with Chapter 4, section 9 of the Financial Instruments Trading Act information about the total number of shares is to be announced on the final trading day of the month. After the reduction, the share capital amounts to SEK 68,278,841 and the total number of issued shares in JM AB is 68,278,841.

Following the transaction JM holds 1,267,500 own shares, corresponding to 1.86 percent of the total amount of shares and votes in the company.

For more information please contact:

Carl Bandhold, CFO Tel +46 (0)8 782 87 00 E-mail cfo@jm.se

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 10:00 CEST on 2022-07-29.

________________________________________________________________________________________

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 the main focus 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 around 2,500 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. For more information www.jm.se/en.