Clarification of press release dated 16 May 2024

16 May 2024
Company announcement no. 14

It has come to SGL Group ApS’ (the "Company") attention that its press release dated earlier today, 16 May 2024, may have been misunderstood and the Company would like to make a clarification: The Company announces its intention to exercise its right to make a partial redemption of its outstanding EUR 750,000,000 senior secured floating rate bonds with ISIN NO0012826033, (the "Existing Bonds" and each an "Existing Bond"), in accordance with paragraph (b) of Clause 9.4 (Voluntary partial redemption) of the terms and conditions of the Existing Bonds (the "Terms and Conditions") in an amount equal to 22.1552 per cent of the total nominal amount (amounting to EUR 166,163,750 in total and of which EUR 79,296,000 is to be paid to bondholders other than the Company). In accordance with the Terms of Conditions, the actual amount paid per Existing Bond will be rounded down to the nearest EUR 1.00.

The information in the previous press release remains the same in all other aspects and can be found on the Company's website: scangl.com/investor/ 

For further information, please contact:

Martin Gregersen, Head of Group Treasury or Simon Kusk, Head of Group Finance

investor@scangl.com | (+45) 32 48 00 00

This information is information that SGL Group ApS is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication by the above-mentioned persons at 16:30 CET on 16 May 2024.