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Stillfront Group Capital/Financing Update 2023

Sep 14, 2023

2969_rns_2023-09-14_1bc34f7d-9928-4180-9b04-11c486ace407.pdf

Capital/Financing Update

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Press Release 14 September 2023 11:25:00 CEST

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW

Stillfront announces that the conditions for the repurchase and the early redemption of outstanding bonds have been fulfilled

On 7 September 2023, Stillfront Group AB (publ) ("Stillfront") announced the results of the tender offer (the "Tender Offer") to the holders of Stillfront's eĀisting senior unsecured floating rate bonds ÿith ISIN SE0012728830 maturing on 26 June 2024 (the "Bonds") and that it eĀercised its right to make a þoluntarā earlā redemption of the outstanding Bonds (the "Early Redemption").

The Tender Offer and the Earlā Redemption ÿere conditional upon Stillfront receiþing the proceeds from the issue of its neÿ bonds as announced bā Stillfront through a press release on 7 September 2023 (the "New Bond Issue"). Todaā, Stillfront announces that it has receiþed the proceeds from the Neÿ Bond Issue and the condition for the Tender Offer and the Earlā Redemption, respectiþelā, has therefore been fulfilled. The settlement for the Tender Offer has consequentlā occurred todaā on 14 September 2023 and the settlement for the Earlā Redemption ÿill hence occur on 3 October 2023 (the " Redemption Settlement Date"). The redemption price together ÿith accrued and unpaid interest from, but eĀcluding, the preþious interest paāment date until, and including, the Redemption Settlement Date, ÿill be paid to each person ÿho is registered as oÿner of Bonds as of the record date, being 26 September 2023, in the debt register maintained bā Euroclear Sÿeden.

For further information regarding the Tender Offer and the Earlā Redemption, please refer to Stillfront's press releases published 4 September 2023 and 7 September 2023.

For additional information, please contact:

Andreas Uddman, CFO, Stillfront Group Phone: +46 70 080 78 46 E-mail: [email protected]

Stillfront is a global games companā founded in 2010. We deþelop digital games for a diþerse gaming audience and our broad games portfolio is enjoāed bā almost 60 million people eþerā month. Stillfront is focused on realizing sānergies bā connecting and empoÿering game teams globallā through our Stillops platform. We are a fast-groÿing companā and an actiþe global strategic acquirer. Our 1,500 professionals thriþe in an organization that embodies the spirit of entrepreneurship. Stillfront shares (SF) are listed on Nasdaq Stockholm Large Cap. For further information, please þisit: stillfront.com

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Stillfront announces that the conditions for the repurchase and the earlā redemption of outstanding bonds haþe been fulfilled