Opus Group AB (publ) is offering holders of its outstanding SEK senior unsecured callable bonds outlined below to tender the Bonds for purchase by the company for cash at the price set out below. The Bonds will be repurchased subject to the terms and conditions described in a tender information document dated 23 March 2020. The Tender Offer expires at 17:00 CET on 31 March 2020, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Company. Settlement of the Tender Offer is expected to occur in connection with the completion of the Written Procedure (as defined below) and currently with the expectation to occur during April 2020. The Issuer's repurchase of Bonds is conditional upon successfully obtaining the New Financing and that the Requests in the Written Procedure (as described below) are approved by the Bondholders no later than 17:00 CET on 31 March 2020. The company has mandated Swedbank AB (publ) ("Swedbank") as Tender Agent for the Tender Offer. In connection with the Tender Offer, the Company instigates a written procedure (the "Written Procedure"), for which notices will be distributed by Nordic Trustee and Agency AB (publ), pursuant to the terms and conditions of the Bonds (the "Terms and Conditions"). The purpose of the Written Procedure is to seek the Bondholders' approval to amend the Terms and Conditions to (i) include a call option for the Issuer upon the occurrence of a "Substantial Repurchase Event" where the Issuer has repurchased 50 per cent. or more of the aggregate principal amount of the Bonds issued, (ii) amend the definition of "Bank Loan" under the Terms and Conditions in order to permit incurrence of debt under a new financing agreement in connection with settlement of the Tender Offer (the "New Financing"), and (iii) give the Company the option to cancel Bonds repurchased or redeemed by the company in connection with a redemption of the Bonds in full (together the "Requests"). The Tender Offer and the Requests are related to the public takeover offer by Ograi BidCo AB ("Ograi") to the shareholders in Opus resulting in Ograi controlling a majority of the shares in Opus, as previously announced in January 2020 (the "Change of Control"). As a result of the Change of Control, the Bondholders have a right to repurchase of their Bonds ("put option" under the Terms and Conditions) (the "Change of Control Process"). The Change of Control Process was initiated by the Company on 22 January 2020.