Vestum AB

Capital/Financing Update • Oct 11, 2023

Vestum issues bonds in the amount of SEK 600 million

Vestum AB (publ) ("Vestum") has successfully issued senior unsecured bonds at a total amount of SEK 600,000,000 within a framework of SEK 1,000,000,000 with a tenor of two and a half years and a floating interest rate of STIBOR three months plus 637.5 basis points (the "New Bonds").

Comment from Vestum's CFO, Olof Andersson:

We are pleased to have successfully issued a bond that allows us to proactively address upcoming maturities. At the same time, our strategic review continues unchanged with the purpose of increasing shareholder value through measures that strengthen both the business and our financial position.

Danske Bank A/S, Danmark, Sverige Filial, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) act as joint bookrunners in connection with the issue of the New Bonds and Gernandt & Danielsson is legal counsel.

For additional information, please contact:

Olof Andersson, CFO of Vestum AB (publ) Phone: +46 72 923 32 50 Email: olof.andersson@vestum.se

About Vestum

Vestum is an industrial group that provides niche services and products to civic infrastructure. Our portfolio of leading specialists has extensive industry experience, broad competence and strong local presence. Vestum has approximately 2,000 employees in Sweden, Norway, Denmark and the UK.

For additional information, please visit: www.vestum.se

Vestum's share is traded under the short name VESTUM on Nasdaq Stockholm.

PRESS RELEASE 11 October 2023 19:00:00 CEST

This information is information that Vestum AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-10-11 19:00 CEST.

Attachments

Vestum issues bonds in the amount of SEK 600 million