Report for the period 1 January – 30 June 2022

1 April–30 June 2022

- Net sales amounted to SEK 4.44 m (2.81)

- Net operating income was SEK 1.67 m (0.34)

- The operating loss was SEK 17.26 m (8.67)

- The loss for the period was SEK 19.84 m (6.95)

- Earnings per share before and after dilution were SEK -39.69 (13.90)

1 January–30 June 2022

- Net sales amounted to SEK 8.12 m (5.42)

- Net operating income was SEK 1.04 m (-1.21)

- The operating loss was SEK 32.37 m (-19.03)

- The loss for the period was SEK 37.37 m (-22.39)

- Earnings per share before and after dilution were SEK -74.75 (-44.78)

- Cash and cash equivalents at the end of the period June 30, 2022 were SEK 46.32 m

Significant events during the period

No significant events have occurred in the period.

Significant events after the end of the period

On July 11th 2022, the Group's parent company began a written procedure in which the company asked the bondholders ("the bondholders") for permission to change the general conditions for the bonds, which were initially dated September 30th 2019. The company sought an extension of the bond's final redemption date by twelve months, due to the extended timeline for the development project of the Stinsen property. It was proposed to change the margin to a fixed margin of 10.75%. On August 4th the company announced that a required majority of bondholders voted in favor of changing the general conditions. The changes came into effect as of August 4th 2022. For more information see "NOTICE TO A WRITTEN PROCEDURE", published July 11th 2022 and the associated press releases, published July 11th 2022 and August 4th 2022, all available on the company's website.

In connection with extending the bond, the owners have contributed with SEK 30 m each in unconditional shareholder contributions.

At the extraordinary general meeting on August 24th Jenny Lindholm was elected to the board, replacing Alexander Sundberg who resigned as a board member.

For more information, please contact:
Christian Matti, CEO, Sollentuna Stinsen JV AB

+46 70 270 53 25, christian.matti@magnoliabostad.se

The information Sollentuna Stinsen JV AB publishes in this report is required in accordance with the EU Market Abuse Regulation (EU) No 596/2014 and the Securities Market Act. The information was submitted for publication through the agency of the contact person set out above on Aug 26 2022 at 14.00 CEST.

Sollentuna Stinsen JV AB (559085-9954) is a joint venture between Magnolia Projekt 36 AB and the pension company Alecta pensionsförsäkring, ömsesidigt, and was formed in 2016 to develop the property Sollentuna Stinsen 2.The company is located at Sturegatan 6, Stockholm.