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Another strong quarter including acquisition of Elements in Denmark enabling further growth in the Danish market. Profits continue to rise as turnover increase and costs remains under control.
Johan Ahlgren, CFO
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AE4 2017 Sweden AB (publ), intends to make a voluntary early redemption of the 2024 bonds in relation to change of ownership in ACscent Holding AB

Press releasePress release: Notice to BondholdersMarch 25, 2022Accent Equity 2017 AB and certain minority shareholders have today signed an agreement with Storskogen 3 Invest AB to divest 96% of the shares in ACscent Holding AB (the “Company”) (the “Transaction”). ACscent Holding AB is the parent company of AE4 2017 Sweden AB (publ) (the “Issuer”). The Issuer intends to exercise its right to make a voluntary early redemption of its outstanding senior secured floating rate bonds maturing on 8 November 2024 with ISIN SE0013358207 and outstanding amount of SEK 405,000,000 (the “Bonds”).

Interim Report Q4 2021: AE4 2017 Sweden AB (publ)

The Group’s like for like development during the fourth quarter of 2021 was, like previous quarter, negatively affected by the ended partnership with Coty as of July 1st, however compensated by positive development in the remaining portfolio. The Company still foresees that the ended partnership will not have a long-term negative impact on the Group’s profitability. · Adjusted EBITDA Q4 down 10.7% YoY to 52.6 (58.9) MSEK · Quarterly net revenue decrease of 22.5% YoY to 296.4 (382.3) MSEK · Very strong cash generation from the operating business during the fourth quarter Table

Interim Report Q3 2021: AE4 2017 Sweden AB (publ)

The Group’s like for like development during the third quarter of 2021 was affected negatively by the ended partnership with Coty as of July 1st. However, the Company foresees that the negative Coty impact during the second half of 2021 will be compensated by positive development in the remaining portfolio, and that the loss will not have a long-term negative impact on the Group’s profitability. · Adjusted EBITDA Q3 down 18.6% YoY to 33.2 (40.8) MSEK · Quarterly net revenue decrease of 12.7% YoY to 262.7 (300.9) MSEK · Continued strong cash generation from the operating business

Interim Report Q2 2021: AE4 2017 Sweden AB (publ)

The Company had a continued positive development during the second quarter 2021, with increasing profits as a result of revenue growth and remained cost control. · Adjusted EBITDA Q2 up 42.6% YoY to 45.2 (31.7) MSEK · Quarterly net revenue increase of 19.6% YoY to 305.7 (255.6) MSEK · Continued limited financial impact of the ongoing Covid-19 situation · Strong cash generation from the operating business during Q2 · Group figures for 2020 are pro-forma including Elements (acquisition completed in August 2020)  Table 1: Key financials The

Interim Report Q1 2021: AE4 2017 Sweden AB (publ)

The start of 2021 was positive, and the Company had a good development during first quarter. Profits continue to rise as turnover increase and costs remains under control. · Adjusted EBITDA Q1 up 61.0% YoY to 35.9 (22.3) MSEK · Quarterly net revenue increase of 5.3% YoY to 280.6 (266.4) MSEK · Continued limited financial impact of the ongoing Corona situation · Negative cashflow in Q1 due to temporary higher account receivables · Group figures for full year 2020 are pro-forma including Elements (acquisition completed in August 2020)  Table 1: Key financials  

Scandinavian Cosmetics and Coty are parting ways

Coty, one of Scandinavian Cosmetics' larger partners, has during the spring had a tender for all of their business in Norway and Sweden. As a result of the tender process, Scandinavian Cosmetics and Coty have amicably decided to cease their partnership as of July 1st, 2021. The largest part of the Coty portfolio is in the mass market segment, with lower margins and relatively high proportion of distribution services rather than brand building activities. Scandinavian Cosmetics has a clear strategic goal to partner with brand owners that are willing to invest and build their brands in the

Interim Report Q4 2020: AE4 2017 Sweden AB (publ)

The Company has had a continued good development during fourth quarter. Profits continue to rise as turnover increase and costs remains under control.  · Adjusted EBITDA after rental cost for Q4 up 41% YoY to 54.6 (38.5) MSEK · Quarterly net revenue increase of 30% YoY to 382.3 (295.0) MSEK · Continued limited financial impact of the ongoing Corona situation. · Strong cash generation from the operating business during Q4 · Group figures for full year 2020 are pro-forma including Elements (acquisition completed in August)  Table 1: Key financials   The

Interim Report Q3 2020: AE4 2017 Sweden AB (publ)

Another strong quarter including acquisition of Elements in Denmark enabling further growth in the Danish market. Profits continue to rise as turnover increase and costs remains under control.Adjusted EBITDA after rental cost for Q3 up 8% YoY to 37.6 (34.7) MSEK • Gross margin decreased compared to Q3 last year due to currency fluctuations • Net revenue increase of 12% YoY to 300.0 (267.8) MSEK • The Company continues to see limited financial impact of the ongoing Corona situation • Cash flow negatively impacted by working capital build up for peak season and acquisition of

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