Azerion Group N.V. announces its intention to exercise its right to make a voluntary early redemption of its outstanding senior secured callable fixed rate bonds maturing in April 2024 (ISIN: SE0015837794) (the "Outstanding Bonds"), in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Outstanding Bonds. The redemption date will be 30 October 2023 (the "Redemption Date") and the redemption amount for each Outstanding Bond shall be the applicable call option amount (being 100.725%. of the nominal amount of the Outstanding Bonds), plus accrued but unpaid interest.

The redemption amount will be paid to the bondholders holding Outstanding Bonds on the relevant record date (being 23 October 2023) (the "Record Date"). The Company's obligation to redeem the Outstanding Bonds on the Redemption Date is conditional upon the successful issue and settlement prior to the Record Date of the Company's initial EUR 165,000,000 senior secured callable floating rate bonds (the "New Bonds"), as well as disbursement of the net proceeds from the issue of the New Bonds.