Corem updates on publication of offer document regarding the public offer to the shareholders in Klövern

The Offer is not being made, and this press release may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from or on behalf of holders in any jurisdiction in which the making of the Offer, the distribution of this press release or the acceptance of any tender of shares would contravene applicable laws or regulations or require further offer documents, filings or other measures in addition to those required under Swedish law. For further information, please see the section "Important information" below.

On 29 March 2021, Corem Property Group AB (publ) ("Corem") announced a public offer to the shareholders of Klövern AB (publ) (“Klövern") to acquire all outstanding ordinary shares of class A, ordinary shares of class B and preference shares in Klövern in exchange for newly issued shares in Corem (the "Offer").

In connection with the submission of the Offer, Corem announced that an offer document regarding the Offer (the "Offer Document") was planned to be published around 10 May 2021. Corem will publish the Offer Document as soon as it has been approved and registered by the Swedish Financial Supervisory Authority (“SFSA”), which is expected to take place within the next few days. At the same time, Corem will update the acceptance period for the Offer.

From the time of publication, the Offer Document and application form will be available on Corem's website (www.corem.se) and on Swedbank's website (www.swedbank.se/prospekt). The Offer Document will also be available on SFSA's website (www.fi.se).

FOR FURTHER INFORMATION, PLEASE CONTACT:
Patrik Essehorn, Chairman of Corem
Telephone: +46 (0)708 82 83 75

Corem Property Group AB (publ)
Address: P.O Box 56085, SE-102 17 Stockholm,
Reg.no. 556463-9440,
Telephone: +46 (0)8-503 853 33, e-mail: info@corem.se

This press release is in all respects a translation of the Swedish original press release. In the event of any differences between this translation and the Swedish original, the latter shall prevail.

Patrik Essehorn, styrelseordförande
Tel: 0708-82 03 75
E-post: patrik.essehorn@walthon.se

Corem Property Group AB (publ)
Box 56085, SE-102 17 Stockholm
Besök: Riddargatan 13 C
Org. nr: 556463-9440, Säte Stockholm
www.corem.se

Corem Property Group AB (publ) is a real estate company that owns, manages and develops logistic properties in Sweden and in Denmark. Corem’s overall aim is to be the leading real estate company in its segment, in combination with providing a high and stable return on equity for its shareholders. Corem's shares are listed on Nasdaq Stockholm, Mid Cap.