North Investment Group AB (publ) temporarily extends the final maturity date of its outstanding bonds.

17 April 2024 – North Investment Group AB (publ) (the “Company”) announces that the Company has today entered into an amendment agreement (the "Amendment Agreement") with Nordic Trustee & Agency AB (publ) (the "Agent") to the terms and conditions dated 29 April 2021 (the "Bond Terms") of its SEK 285,000,000 Senior Secured Floating Rate Bonds with ISIN SE0015938493 (the “Bonds”).

Capitalised terms used but not defined are used with the meanings given to them in the Bond Terms.

Reference is made to the company announcement on 4 April 2024 where the Company announced that it was launching a written procedure (the "Written Procedure") to request the Bondholders' consent to certain amendments (the "Amendments") including, among other things, the extension of the Final Maturity Date from 5 May 2024 to 31 December 2025.

To allow for the Written Procedure to be properly executed and effectuated, the Company has entered into an Amendment Agreement with the Agent extending the Final Maturity Date to 24 May 2024. The Agent may, from and including 5 May 2024 until the Written Procedure has been approved by a requisite majority of the Bondholders and the appropriate agreements to effectuate the Amendments have become effective, at its sole discretion decide whether the Bonds shall be accelerated and to declare all, but not some only, of the outstanding Bonds due and payable together with any other amounts payable under the Finance Documents.

For further questions to the Agent, regarding the Amendment Agreement, please contact the Agent at voting.sweden@nordictrustee.com or +46 8 783 79 00.

For further questions to the Company please contact: Tore Knut Skedsmo (CFO) Mob: +47 952 25 306, E-mail: tore.skedsmo@sono.no.