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Operational disruptions in IT system

Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) announces that the group’s IT system is affected by operational disruptions as a result of an incident at our IT provider Tietoevry on 20 January 2024. The operational disruptions have inter alia affected the Company’s EDI-ability to issue dispatch advice, invoices and receive order forecast from customers. We are working to get the systems fully up and running as soon as possible but there is currently no forecast for when the disruptions will be fully solved. For further information, please contact the Company:

Swedish Electromagnet Invest AB (publ) repurchase bonds

In accordance with the updated bond terms for its outstanding bond loan 2018/2023 with ISIN SE0011167600 (the "Bonds"), Swedish Electromagnet Invest AB (publ) has undertaken to repurchase Bonds on the secondary market or in some other way.   Bond holders who would like more information or who are interested in repurchasing are kindly asked to contact our CFO, Cicilia Ax, at the email address or telephone number below:   Email: cicilia.ax@sem.se Phone: +46 70 616 11 34   Alternatively, contact Caroline M. Nytvedt at Pareto Securities AB, at the email address or phone

Annual general meeting in Swedish Electromagnet Invest AB (publ) has been held today

Adoption of the income statements and the balance sheets and resolutions on dividend and discharge from liability The annual general meeting resolved to adopt the income statement, the balance sheet, the consolidated income statement and the consolidated balance sheet for the financial year 2022 and resolved, in accordance with the proposal from the board of directors, not to pay any dividends for the financial year 2022. The board of directors and the CEO were discharged from liability for the financial year 2022. Determination of the number of members of the board of directors

Magnus Hellström appointed new CEO of SEM companies on August 7, 2023

The Board of Directors has decided to appoint Magnus Hellström as the new CEO of Swedish Electromagnet Invest AB (publ) and its subsidiaries 7 August 2023. Magnus succeeds Christina Hallin, who leaves the CEO position at her own request. Christina Hallin is planned to be re-elected to the companies' boards of directors even after this year's Annual General Meeting, which takes place on May 26.   Magnus Hellström was born in 1978. He holds a Master of Science in Engineering Physics and Electrical Engineering from Linköping in 2005 and an MBA from Blekinge Institute of Technology in

SEM announces record date and payment date of the amendment fee for the written procedure under its outstanding bond loan

As announced by Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) on 26 April 2023 in a press release (the “Press Release”), the written procedure (the “Written Procedure”) initiated on 13 April 2023 under the Company’s outstanding bond loan with ISIN SE0011167600 (the “Bonds”) was successfully concluded whereby, among other things, the maturity of the Bonds was extended until June 2026. SEM has undertaken in the Written Procedure to pay an amendment fee amounting to one (1.00) per cent. of the nominal amount of the Bonds as per the record date for the payment (being in an

SEM receives consent from the noteholders in the written procedure for its outstanding bond loan and announces the intention to repurchase bonds

Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) initiated on 13 April 2023 a written procedure (the “Written Procedure”) under its outstanding bond loan 2018/2023 with ISIN SE0011167600 (the “Bonds”). The Written Procedure was initiated for the purpose of requesting the noteholders’ approval to, inter alia, extend the maturity of the Bonds until June 2026 and make certain other amendments to the terms and conditions of the Bonds as described in more detail in the notice of Written Procedure which is available on the Company’s web page.SEM today announces that the Written

SEM has reached an agreement in principle with certain bondholders regarding its outstanding bonds and initiates a written procedure to implement the agreement

As announced by Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) in a press release dated 11 November 2022, SEM has negotiated a long-term solution for its financing with certain major holders (the “Ad-Hoc Bondholder Committee”) of the outstanding bonds 2018/2023 with ISIN SE0011167600 (the “Bonds”). The Ad-Hoc Bondholder Committee represents 50.6 per cent. of the adjusted nominal amount of the Bonds. SEM announces that the negotiations between SEM and the Ad-Hoc Bondholder Committee in relation to the Bonds have resulted in an agreement in principle regarding certain

SEM receives consent from the noteholders in the written procedure for its outstanding bond loan

Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) initiated on 15 February 2023 a written procedure under its outstanding bond loan 2018/2022 with ISIN SE0011167600 (the “Bonds”) to request an extension of the maturity of the Bonds with two months (the “Written Procedure”). The notice of the Written Procedure including the proposed amendments are available on the Company’s web page. SEM today announces that the Written Procedure has been successfully concluded and that a sufficient number of votes were obtained in order to form a quorum and that 99.38 per cent. of the

SEM initiates a written procedure to request a two-month extension of the maturity date of its bonds

Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) announces that the Company today has initiated a written procedure (the “Written Procedure”) among the holders of its outstanding bond loan 2018/2023 with ISIN SE0011167600 (the “Bonds”) to request the holders’ consent to extend the maturity of the Bonds with two months. As announced by SEM in a press release dated 11 November 2022, SEM has negotiated a long-term solution for its financing with certain major holders of the Bonds (representing 50.6 per cent. of the adjusted nominal amount of the Bonds) (the “Holders”). The

SEM receives consent from the noteholders in the written procedure for its outstanding bond loan

Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) initiated on 18 January 2023 a written procedure under its outstanding bond loan 2018/2022 with ISIN SE0011167600 (the “Bonds”) to request an extension of the maturity of the Bonds with one month (the “Written Procedure”). The notice of the Written Procedure including the proposed amendments are available on the Company’s web page. SEM today announces that the Written Procedure has been successfully concluded and that a sufficient number of votes were obtained in order to form a quorum and that 99.46 per cent. of the

SEM initiates a written procedure to request a one-month extension of the maturity date of its bonds

Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) announces that the Company today has initiated a written procedure (the “Written Procedure”) among the holders of its outstanding bond loan 2018/2023 with ISIN SE0011167600 (the “Bonds”) to request the holders’ consent to extend the maturity of the Bonds with one month. The Company has together with certain major holders of the Bonds (representing 50.6 per cent. of the adjusted nominal amount of the Bonds), as announced by SEM in a press release dated 11 November 2022, for some time discussed a solution and the negotiations

SEM receives consent from the noteholders in the written procedure for its outstanding bond loan

Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) initiated on 14 November 2022 a written procedure under its outstanding bond loan 2018/2022 with ISIN SE0011167600 (the “Bonds”) to request an extension of the maturity of the Bonds with two months and shorten the minimum notice period for future noteholders' meetings and/or written procedures to five business days (the “Written Procedure”). The notice of the Written Procedure including a more detailed description of the proposed amendments are available on the Company’s web page. SEM today announces that the Written

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