MEKO

Capital/Financing Update • Jun 4, 2025

MEKO AB Box 196 42 SE-111 64 Stockholm Visiting address: Klarabergsviadukten 70, C6 Tel: +46 (0)8 464 00 20

MEKO successfully issues senior unsecured bonds of 1.25 billion SEK

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MEKO AB successfully issues senior unsecured bonds of an initial aggregate amount of SEK 1.25 billion under a framework of 2 billion. The tenor is five years and the bonds carry a floating interest of 3 months STIBOR plus 215 basis points per annum. The proceeds from the bond issue will be used to finance a tender offer of the existing 2021/2026 bonds, which MEKO announced on 2 June 2025.

The settlement date of the bond issue is expected to occur on 18 June 2025 and the net proceeds from the bond issue will be used to finance a tender offer for the existing bonds with an outstanding amount of SEK 1.25 billion, which MEKO announced on 2 June 2025, and for general corporate purposes. MEKO intends to apply for admission to trading of the new bonds on the corporate bond list of Nasdaq Stockholm.

"This transaction is part of a proactive approach to managing our debt maturity profile, and we are very pleased with the strong demand for our bonds reflecting investor confidence in our business fundamentals", says Christer Johansson, CFO of MEKO.

Danske Bank, Nordea and SEB acted as joint bookrunners for the bond issue. Snellman Advokatbyrå AB acted as legal advisor.

For further information, please contact:

Christer Johansson, CFO, MEKO Phone: +46 (0)8-464 00 20 Email: christer.johansson@meko.com

Anders Oxelström, Director of Comunications, MEKO Phone: + 46 73 522 52 42 Email: anders.oxelstrom@meko.com

Fredrik Sätterström, IRO, MEKO Phone: + 46 (0)8 464 00 20 Email: fredrik.satterstrom@meko.com

MEKO AB Box 196 42 SE-111 64 Stockholm Visiting address: Klarabergsviadukten 70, C6 Tel: +46 (0)8 464 00 20

About MEKO

MEKO's vision is to enable mobility – today, tomorrow, and in the future. Our aim is to be the most comprehensive partner for everyone who drives, repairs, and maintains vehicles in Northern Europe. We are the market leader with a presence in eight countries, 600 branches, and 20,000 workshop customers, including 4,500 workshops operating under our own brands. Our wholesale and workshop brands include Mekonomen, MECA, Balti Autosaad, BilXtra, FTZ, Fixus, Inter-Team, and Sørensen og Balchen – among many others.