Magnolia Bostad enters into land allocationagreement with Knivsta Municipality for 200residential units

Knivsta Municipality has decided to enter into a land allocation agreement with Magnolia Bostad
for part of the Ängby 1:1 property in central Knivsta. The proposal refers to 200 residential units
covering a gross area of around 18,000 sqm.

The planning process has begun. Magnolia Bostad intends to build residential units in apartment
buildings that include both rental and tenant-owned apartments as well as some commercial premises.

“We are thankful that Knivsta Municipality has chosen us and we are pleased that we will be able to
contribute to the continued expansion of the municipality. This project strengthens our presence in
Mälardalen, which is in line with the company's plans for the future,” says Fredrik Lidjan, CEO of Magnolia
Bostad.

For more information, please contact:
Fredrik Lidjan
CEO
+46 70 223 43 47
fredrik.lidjan@magnoliabostad.se

Magnolia Bostad was founded in 2009 with the vision of creating modern homes and residential environments
through smart functions and attractive architecture. The company develops new housing, both rental apartments
and tenant-owned apartments, mainly in attractive locations in Sweden’s larger cities and regional capitals. We
operate with a holistic view that aims to achieve long-term sustainable development for the society at large. The
project portfolio encompasses approximately 5,000 homes. Magnolia Bostad is listed on Nasdaq First North. Pareto
Securities is engaged as the Certified Adviser for the Company.

More information about Magnolia Bostad can be found at www.magnoliabostad.se

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