Lumi Gruppen AS confirmed that it has received a commitment letter from Nordea for a new long-term credit facility in the amount of NOK 300 million to NOK 330 million in addition to a revolving credit facility of NOK 70 million, with a 3-year tenor, priced at NIBOR + 220-345 basis points depending on leverage level. The new long-term credit facility provides Lumi Gruppen with a set of covenants that the Group believes provide sufficient headroom going forward. The agreed terms for the new long-term credit facility include a covenant for the ratio of net debt to EBITDA (adjusted for non-recurring items and excluding IFRS 16 effects) for First Quarter 2023 and Second Quarter 2023 of 5.0x and 4.0x respectively and 3.5x thereafter.