ANNOUNCEMENT OF THE NAV OF P CAPITAL PARTNERS III

Stockholm, 29 July 2021

Since Proventus Capital Partners III decreased its contributed capital by SEK 288 million through a repayment to debenture holders and owners, the Net Asset Value of the P Capital Partners III participation loan has been calculated.

The Net Asset Value is to be calculated at the close of each quarter and in conjunction with a capital increase or decrease.

The repayment amounted to SEK 25,000 per Series A participation loan debenture, SEK 625,000 per Series B participation loan debenture and SEK 32 million to the owners.

At the close of business on 28 July 2021, the Net Asset Value of the P Capital Partners III Series A participation loan debentures amounted to SEK 311,231 each, and the Net Asset Value of the Series B participation loan debentures amounted to SEK 7,781,462 each. The calculated Net Asset Value takes the above-mentioned repayment and an updated valuation of the portfolio into account.

P Capital is an active credit investor and loan provider to Northern and Western European companies in need of capital for expansion, acquisition financing, restructurings and refinancing. P Capital also conducts investments in publically traded corporate credits. The funds of P Capital have combined assets of EUR 2.5 billion and are managed by P Capital Partners AB, which is owned by management. The P Capital Partners III series A1 participation loan debentures and series B participation loan debentures are issued by P Capital Partners III AB (publ) and are listed on the Miscellaneous Nordic AIF Sweden-segment under Main Regulated at NGM in Stockholm.  The number of debenture holders amounts to

Daniel Sachs, CEO P Capital, phone: + 46 8 723 31 00