Legacy Capital Partners S.C.A. I, Spetses Investments Ltd, Bacara Holdings Limited, Lexington Holding Assets Ltd and Panormos Holding Limited agreed to acquire IRRAS AB (publ) (OM : IRRAS) for approximately SEK 140 million on June 30, 2023. Under the terms, consideration will be paid in cash as SEK 0.18 per share. The acceptance period for the Offer commences on July 7, 2023 and expires on August 11, 2023

Legacy Capital Partners S.C.A. I, Spetses Investments Ltd, Bacara Holdings Limited, Lexington Holding Assets Ltd and Panormos Holding Limited completed the acquisition of a 26.6% stake in IRRAS AB (publ) (OM : IRRAS) for SEK 38 million on September 4, 2023. IR Holding has decided to waive the condition on the Offer being accepted to such extent that IR Holding becomes the owner of more than 90 per cent of the shares in IRRAS. All other conditions for completion of the Offer have been fulfilled. Consequently, IR Holding has decided to complete the Offer and acquire the shares tendered in the Offer. Settlement in respect of shares tendered as of September 1, 2023 is expected to commence on or around September 8, 2023. R Holding continues to strive towards an ownership of more than 90 per cent of the shares in IRRAS. In order to allow shareholders that have not yet accepted the Offer an additional opportunity to do so, the acceptance period has been extended until on September 15, 2023. As of September 18, 2023. IR Holding has decided to further extend the acceptance period until September 29, 2023 to allow shareholders that have not yet accepted the Offer an additional opportunity to do so. Settlement in respect of shares tendered during the extended acceptance period that ends on September 29, 2023 is expected to commence on or around October 6, 2023. Since the Offer is unconditional, shareholders who have accepted the Offer, or who accept the Offer during the extended acceptance period, are not entitled to withdraw their acceptances.