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Nordiska Contemplates an Issuance of Tier 2 Notes

Nordiska Kreditmarknads­aktiebolaget (publ) (”Nordiska” or the ”Company”) has mandated Nordea Bank Abp (publ) to evaluate the possibility, by inter alia arranging investor meetings, to issue subordinated Tier 2 notes in an expected volume of SEK 200,000,000 (the “Tier 2 Notes”). As announced by the Company on 20 December 2023, Fort Knox Förvaring AB, being the seller of the shares in Umeå Release Finans­ AB, has guaranteed the issuance of the Tier 2 Notes in an amount of SEK 150,000,000. The tenor of the Tier 2 Notes will be ten years and three months with a first call date falling five years from the issue date. The proceeds from the potential issue of the Tier 2 Notes will be used to facilitate future growth and to optimize the capital structure of the Company. The issue is expected to occur in the near term, subject to market conditions.

Gernandt & Danielsson Advokatbyrå KB has been engaged as legal adviser to the Company in connection with the transaction.

For more information, please visit Nordiska’s website at www.nordiska.se or contact:

Mikael Gellbäck, Chief Executive Officer

Tel: +46 8 23 28 00

Mail: mikael.gellback@nordiska.com

Nordiska Kreditmarknads­aktiebolaget (publ) (Nasdaq Stockholm: NOKRE001) is a credit institution offering deposit accounts at market leading rates, as well as flexible and tailored debt and financing arrangements to privat­e individuals and companies. Moreover, Nordiska’s partner offering gives partners the opportunity to provide their customers with in-house financial services. This is achieved with the help of Nordiska’s technically modern and cloud-based platform and APIs.

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