Balder announces results regarding tender offer on outstanding hybrid capital securities

Fastighets AB Balder (publ), via its subsidiary Balder Invest AB, has today announced the results of its invitation to holders of the hybrid capital securities, EUR 500 million 5.25 year non-call, first reset date 2 June 2026 (ISIN: XS2305362951) to tender their hybrid capital securities for purchase by Balder Invest AB for cash up to an aggregate principal amount of EUR 100 million (the “Tender Offer”).

The results are as follows:

ISIN	First reset date	Issued (EUR)	Repurchased (EUR)
XS2305362951	02-Jun-26	500.000.000	100.000.000

The expected Settlement Date in respect of the Tender Offer is 1 March 2024. Full details concerning the Tender Offer are set out in the Tender Offer Memorandum.

BNP Paribas and Nordea have acted as Dealer Managers for the Tender Offer and Kroll as Tender Agent.

Dealer Managers:
BNP Paribas, tel. +33 1 55 77 78 94, liability.management@bnpparibas.com
Nordea Bank Abp, tel. +45 6136 0379, nordealiabilitymanagement@nordea.com

For further information, please contact:
Erik Selin, CEO, tel. +46 31-10 95 92
Ewa Wassberg, CFO, tel. +46 31-351 83 99