Fitch Ratings affirms SBB rating at BBB- on EduCo shares sale; Outlook Positive

Fitch Ratings has affirmed Samhällsbyggnadsbolaget i Norden AB's (“SBB”) rating BBB- with a positive outlook. The positive outlook reflects Fitch’s expectation of improvements in SBB’s financial profile as it completes planned disposals and benefits from inflation-linked rent increases and moderates its pace of acquisitions. Fitch also assumed SBB’s debt will be refinanced at higher rates.

Fitch has in its rating case assumed that the planned distribution of the SEK 18 billion residential portfolio, the Amasten Fastighets AB portfolio, will take place with a corresponding loss of rental income and residential assets.

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, ilija@sbbnorden.se

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.