COMPLIANCE CERTIFICATE

To:

Noteholders

From:

CapMan Oyj as Issuer

Place and date:

Helsinki, August 5, 2021

Dear Madams/Sirs,

We refer to the senior, unsecured and unsubordinated fixed rate notes issued by us on April 16, 2018 with an aggregate nominal amount of EUR 50,000,000 (the "Notes").

  1. We refer to the Terms and Conditions of the Notes. This is a compliance certificate. Terms defined in the Terms and Conditions of the Notes have the same meaning when used in this compliance certificate unless given a different meaning in this compliance certificate.
  2. We confirm that as at June 30, 2021, the ratio of Adjusted Equity to Total Assets is 47,3%.
  3. We confirm that no Event of Default is continuing.
  4. This compliance certificate is governed by Finnish law.

CapMan Oyj

as Issuer

Niko Haavisto (Aug 5, 2021 13:20 GMT+3)

Tiina Halmesmäki (Aug 5, 2021 13:19 GMT+3)

Niko Haavisto

Tiina Halmesmäki

Chief Financial Officer

General Counsel

CapMan Plc

CapMan Plc

Compliance Certificate 30.6.2021_SeniorBond2 018

Final Audit Report

2021-08-05

Created:

2021-08-05

By:

CapMan eSignature Service (capman.esignature@capman.com)

Status:

Signed

Transaction ID:

CBJCHBCAABAAXcN8EWHVXC_7DM8IGP6RTD5gF_zg7R8G

"Compliance Certificate 30.6.2021_SeniorBond2018" History

Document created by CapMan eSignature Service (capman.esignature@capman.com)

2021-08-05 - 10:16:15 AM GMT- IP address: 88.114.197.82

Document emailed to Niko Haavisto (niko.haavisto@capman.com) for signature

2021-08-05 - 10:16:39 AM GMT

Document emailed to Tiina Halmesmäki (tiina.halmesmaki@capman.com) for signature

2021-08-05 - 10:16:39 AM GMT

Email viewed by Tiina Halmesmäki (tiina.halmesmaki@capman.com)

2021-08-05 - 10:19:12 AM GMT- IP address: 85.76.82.171

Document e-signed by Tiina Halmesmäki (tiina.halmesmaki@capman.com)

Signature Date: 2021-08-05 - 10:19:42 AM GMT - Time Source: server- IP address: 85.76.82.171

Email viewed by Niko Haavisto (niko.haavisto@capman.com)

2021-08-05 - 10:20:39 AM GMT- IP address: 62.183.129.227

Document e-signed by Niko Haavisto (niko.haavisto@capman.com)

Signature Date: 2021-08-05 - 10:20:56 AM GMT - Time Source: server- IP address: 62.183.129.227

Agreement completed.

2021-08-05 - 10:20:56 AM GMT

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Disclaimer

CapMan Oyj published this content on 05 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 11:41:04 UTC.