CRAYON GROUP HOLDING ASA March 15, 2024 -Crayon Group Holding ASA ("Crayon") has mandatedDanske Bank andPareto Securities as Joint Lead Managers to arrange a series of fixed income investor meetings commencing18 March 2024 . A new 4-yearNOK 1,200 million senior unsecured floating rate bond issue may follow, subject to inter alia market conditions. The net proceeds from the contemplated bond issue will be used to refinance the outstandingNOK 1,800 million issued under the 2021/2025 senior unsecured bond framework due15 July 2025 with ISIN NO0011045478 ("Existing Bonds"). In conjunction with the contemplated new bond issue, Crayon will offer a conditional buyback of the Existing Bonds, contingent upon subscription in the new bonds. Subject to completion of the contemplated new bond issue, Crayon will call the remaining net outstanding amount of the Existing Bonds in whole. In connection with the contemplated new bond issue, Crayon has received commitment fromDanske Bank for aNOK 500 million increase in the current revolving credit facility ("RCF"). The increased RCF will be available for general corporate purposes and will enhance the group's financial flexibility and is subject to the successful placement of the new bond issue. For further information, please contact:Kjell Arne Hansen , Head of Investor Relations IR@crayon.com +47 950 40 372 About Crayon: Crayon is a customer-centric innovation and IT services company with over 4,000 team members across 46 countries. We optimize businesses' IT estate to help them innovate with expertise they can trust. Our services create value for companies to thrive today, and scale for tomorrow. For more information, visit www.crayon.com.
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