Cabonline gives notice that the condition for early total redemption of its outstanding bond 2019/2022 has been satisfied

Cabonline Group Holding AB (publ) (the "Company") confirms that the condition contained in the conditional notice of early redemption given on 24 March 2022 to all holders of the up to SEK 2,200,000,000 senior secured floating rate notes 2019/2022 with ISIN SE0013409398 issued by the Company (the "Notes") with a redemption date on 28 April 2022 has been satisfied.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS OR IN OR INTO ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.

In the conditional notice of early redemption dated 24 March 2022 from the Company to the holders of the Notes (the "Conditional Notice of Early Redemption"), the Company notified the holders of the Notes that it would redeem its outstanding Notes, subject to the completion of the issuance of SEK-denominated senior secured floating rate notes and the entering into of a new super senior revolving credit facility, in each case prior to 21 April 2022 (the "Record Date"), for the purpose of inter alia refinancing the Notes.

The Company hereby confirms that the Condition (as defined in the Conditional Notice of Early Redemption) has been satisfied. Since the Condition has been satisfied, the redemption as contemplated by the Conditional Notice of Early Redemption will occur on 28 April 2022.

19 April 2022 was the last day for trading of the Notes in order for the trade to be registered in the debt register on the Record Date.

Cabonline’s ambition is to be a market leader in Europe within sustainable taxi transportation. Important milestones for this are to reduce our carbon dioxide emissions affecting the climate and to strive to increase the share of non-fossil vehicles in our car fleet.

We have therefore taken new steps in our ambitious sustainability strategy and have committed to three important company-wide sustainability milestones in line with the Science Based Targets initiative (SBTi): 1) increase the share of fossil fuel-independent vehicles, 2) reduce CO2 emissions in line with the 1.5 degrees goal and 3) increase the percentage of cars with alcohol ignition interlocks installed.

For further information, please contact:

Fredrik Lundqvist, CFO, tel. +46(0)70-552 80 25

This information is information that Cabonline Group Holding 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 person set out above, at 13:00 CET on 20 April 2022.

About Cabonline:
Cabonline is the leading taxi company in the Nordic region with ~2,600 connected transporters and ~4,600 vehicles in Sweden, Norway, Finland and Denmark. Cabonline operates a series of well-known brands, such as Flygtaxi, TaxiKurir, Norgestaxi, TOPCAB, Kovanen, Taxi Skåne, Taxi Väst, Umeå Taxi, Sverigetaxi and Taxi 4x27. Through Cabonline, transporters have access to attractive customer agreements, support from industry-leading technology and efficient services where shared infrastructure delivers economies of scale. In 2021, Cabonline’s revenue was approximately SEK4.5 billion. For further information: cabonlinegroup.com/en