Serneke Group AB (publ) ("Serneke") announced on 5 May 2022 that the Company is exercising its right to voluntary early redemption of all outstanding senior unsecured floating rate bonds with final redemption on 31 December 2022, ISIN SE0011256338 (the "Bonds"). Serneke hereby confirms that the financing condition for early redemption of the Bonds has been satisfied, and that redemption will thus take place on 31 May 2022 (the "Redemption Date") in accordance with Serneke's press release as of 5 May 2022. The Bonds will be redeemed early at a price per Bond equal to 102.50% of the nominal amount per Bond plus any accrued and unpaid interest to, and including, the Redemption Date.

The redemption amount, including accrued and unpaid interest, will be paid to each person who is registered as owner of Bonds in the debt register maintained by Euroclear Sweden at end of business on the record date, being 23 May 2022. In connection with the early redemption, the bonds will be delisted from Nasdaq Stockholm.