Ratos — Major Shareholding Notification 2014

Oct 31, 2014

Ratos AB (publ), Drottninggatan 2 Box 1661 SE-111 96 Stockholm Org nr/Corp. Id. no. SE 556008-3585 Tel +46 8 700 17 00 Fax +46 8 10 25 59

P R E S S R E L E A S E 31 October 2014

This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules.

Not for publication, distribution or release, directly or indirectly, in or into the United States, Australia, Hong Kong, Canada or Japan.

Ratos owns 31.3% of Inwido

After the end of the stabilisation period, Ratos's ownership share in Inwido amounts to 31.3%.

Carnegie Investment Bank and Handelsbanken Capital Markets have exercised the possibility to, in connection with the initial public offering ("IPO") of Inwido AB (publ) ("Inwido"), carry out stabilisation transactions. The stabilisation period has now ended and the 5,651,796 shares in Inwido that Carnegie Investment Bank and Handelsbanken Capital Markets borrowed from Ratos with the purpose to cover the over-allotment in the IPO have been returned. Consequently, Ratos owns 18,124,796 shares, corresponding to approximately 31.3%, of the total number of shares in Inwido1) . As a result of the shares being returned, Ratos will make a notification of major shareholding.

For further information, please contact: Susanna Campbell, CEO Ratos, +46 8 700 17 00 Emma Rheborg, Head of Corporate Communications, Ratos, +46 8 700 17 20

Financial calendar from Ratos: Interim report January-September 2014 7 November 2014 Year-end report 2014 19 February 2015 Annual General Meeting 2015 16 April 2015 Interim report January-March 2015 7 May 2015 Interim report January-June 2015 14 August 2015 Interim report January-September 2015 6 November 2015

Ratos is a private equity conglomerate. The company's mission is to maximise shareholder value over time through the professional, active and responsible exercise of its ownership role in primarily medium to large unlisted Nordic companies. Ratos's holdings include AH Industries, Aibel, Arcus-Gruppen, Biolin Scientific, Bisnode, DIAB, Euromaint, GS-Hydro, Hafa Bathroom Group, HENT, HL Display, Inwido, Jøtul, KVD, Mobile Climate Control, Nebula and Nordic Cinema Group. Ratos is listed on Nasdaq OMX Stockholm and market capitalisation amounts to approximately SEK 17billion.

¹⁾ According to an exemption granted by the Swedish Securities Council (AMN: 2014:43), this transaction will not trigger mandatory bid requirements.