Scandinavian House Development : “SHDAG” or the “Company”) inform that the Company is overdue with the audits.

The Global Compliance Division at Euronext, has pointed
out that the Company has a deadline for publish the
audited financials 21 April 2022.

The audit is finalized by PWC and they have indicated to
be approved and released by next week and we
will publish it as soon as we received it.

2022-04-20

Contact: [e-mail]

SCANDINAVIAN HOUSE DEVELOPMENT
AG
c/o MOORE STEPHENS LUZERN AG
Obergrundstrasse 61
6003 Luzern, Switzerland
E-Mail: [e-mail]
Internet: www.scandinavianhouse.net
Exchange: NYSE Euronext Paris
Market: Marché Libre
ISIN: CH0220529603
Symbol : MLSHD
Disclaimer; Forward-Looking Statements:
This announcement or any other statement from
SCANDINAVIAN HOUSE DEVELOPMENT AG
contains forward-looking statements that are
based on assumptions and estimations of
SCANDINAVIAN HOUSE DEVELOPMENT AG.
Words such as "estimate," "expect", "plan,"
"project" and "will" and similar expressions
identify such forward-looking statements. The
actual results may differ substantially from such
assumptions and estimations caused by various
factors. These forward-looking statements speak

only as of their dates and have been reasonable at
that time. SCANDINAVIAN HOUSE
DEVELOPMENT SA undertakes no obligation to
publicly update or revise any forward-looking
statements. This or any other statement from
SCANDINAVIAN HOUSE DEVELOPMENT SA
does not constitute an offer or a solicitation of an
offer for the purchase or sale or subscription of any
securities of SCANDINAVIAN HOUSE
DEVELOPMENT AG in Germany, Switzerland or
any other country. This statement constitutes pure
information about the company. Each and any
investment into securities, particularly into shares
of young companies like SCANDINAVIAN HOUSE
DEVELOPMENT AG, bears high risks including a
total loss of the invested amount. Potential
investors generally should consult a qualified
advisor before taking any investment decision at
all.