Norion Bank AB announced that it will on 28 March 2024 carry out an early redemption of additional tier 1 capital bonds (AT1) with ISIN SE0012377687, with a total outstanding nominal amount of SEK 500,000,000 issued on 28 March 2019. Norion Bank will, in accordance with the terms and conditions of the Bonds, exercise its right to early redemption of the Bonds. The Bonds will be redeemed at their nominal value together with any accrued and unpaid interest up until and including the redemption date.

Norion Bank has obtained a prior written consent to redeem the Bonds from the Swedish Financial Supervisory Authority. The redemption date is 28 March 2024 and payment according to the terms and conditions will be paid to those who are registered holders, with Euroclear Sweden AB, of the Bonds on the record date 21 March 2024.