RNB Retail and Brands AB instigates written procedure in order to approve the extension of the deferral of certain interest payments

RNB Retail and Brands AB (the "Company") instigates a written procedure (the "Written Procedure") for the notes with ISIN SE0010625830 (the "Notes") to resolve on certain amendments of the terms and conditions of the Notes (the "Terms and Conditions").

The purpose of the Written Procedure is to, inter alia, approve that the period of deferral of certain interest is extended until the 1 December 2021 and resolve on certain adjustments to the Terms and Conditions and other Finance Documents in order to implement such extension of the deferral relating to certain interest ("Notice of Written Procedure").

For a full description of the proposals subject to the Written Procedure, please see the Notice of the Written Procedure published on the Companys´ website today.

For further information, please contact:

Kristian Lustin, CEO and President, Phone +46 8 410 520 00, e-mail: kristian.lustin@retailandbrands.se

This information is information that RNB Retail and Brands AB 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 15.00 (CEST) on 23 August 2021.

RNB RETAIL AND BRANDS owns, operates and develops stores and e-commerce in fashion, clothing and accessories. The focus is on providing a service and shopping experience beyond the ordinary. Sales are conducted through the Brothers concept. Brothers is a nationwide men’s fashion chain with 44 stores including an e-commerce. Brothers is the obvious destination for updated, relaxed and well-dressed fashion in affordable quality with a superb fit for all men in all situations. RNB RETAIL AND BRANDS is listed on Nasdaq Stockholm (RNBS). www.rnb.se