To the holders in:
ISIN: SE0018015505 – SBP Kredit AB (publ) up to SEK 1,000,000,000 Secured Green Participating Debentures (Series B Fund Units)
This conditional notice of early redemption (the “Notice”) has been sent on 29 May 2026 to Holders directly registered as of 28 May 2026 in the debt register (Sw. skuldbok) kept by the CSD. If you are an authorised nominee under the Swedish Central Securities Depositories and Financial Instruments Accounts Act or if you otherwise are holding Debentures on behalf of someone else on a securities account, please forward this Notice to the Holder you represent as soon as possible.
Reference is made to the terms and conditions of the abovementioned debenture issue (the “Debentures”) issued by SBP Kredit AB (publ) (the “Issuer”), with first issue date on 1 July 2022 in accordance with the terms and conditions for the Debentures (the “Terms and Conditions”).
All capitalised terms used herein and not otherwise defined in this Notice shall have the meaning assigned to them in the Terms and Conditions.
The Issuer hereby gives conditional notice to all Holders of the Issuer’s outstanding Debentures for early redemption of the Debentures in full in accordance with Clause 11.3 (Voluntary total redemption (call option)) of the Terms and Conditions (the “Redemption”). Subject to the condition described below, the Redemption Date is set to 25 June 2026 and the Record Date for the early redemption will be 17 June 2026, i.e. five (5) Business Days prior to the Redemption Date.
The Redemption is conditional upon the successful settlement of the debt capital markets transaction in relation to the Issuer’s issuance of certain SEK-denominated loan notes (in accordance with the press release published by the Issuer on 26 May 2026) prior to the Record Date (the “Condition”).
Should the Condition not be fulfilled by the Record Date, the Redemption will not occur (unless the Condition has been waived or the Record Date and Redemption Date have been postponed by the Issuer at its sole discretion) which will, in such case, be confirmed to the Holders through a notice to the Holders and a press release.
If the Condition is satisfied or waived by the Issuer, the Redemption will be unconditional and all outstanding Debentures (as of the Record Date) will be redeemed at the redemption price of one hundred (100.00) per cent. of the Nominal Amount (i.e., SEK 1,250,000 per Debenture) (the “Redemption Price”).
Any accrued and unpaid Interest will also be paid in respect of the Debentures in accordance with the Terms and Conditions. The Redemption Price together with accrued and unpaid Interest up to and including the Redemption Date will be paid on the Redemption Date to each person who is registered as a Holder in the debt register maintained by Euroclear Sweden AB at end of business on the Record Date.
In connection with the Redemption, the Debentures will be delisted from the Nordic AIF List of Nordic Growth Market.
This Notice of early redemption is irrevocable, subject to the Condition described herein, and is governed by Swedish law. This Notice is for information purposes only and is not to be construed as an offer to purchase or sell or a solicitation of an offer to purchase or sell with respect to any securities of the Issuer.
For further information, please contact the Issuer at:
Matts Kastengren
Telephone: +46 70 288 42 80
matts.kastengren@sbpkredit.se
Henric Hersvall
Telephone: +46 70 938 56 43
henric.hersvall@sbpkredit.se
