SGL Group ApS intends to complete a partial voluntary redemption of its outstanding EUR 750,000,000 in a total nominal amount of EUR 79,296,000

16 May 2024

Company announcement no. 13

SGL Group ApS (the "Company")hereby announces its intention to exercise its right to make a partial redemption in an amount equal to 10.5728 per cent. of the total nominal amount (amounting to EUR 79,296,000) of its outstanding EUR 750,000,000 senior secured floating rate bonds with ISIN NO0012826033, (the "Existing Bonds" and each an "Existing Bond"), in accordance with paragraph (b) of Clause 9.4 (Voluntary partial redemption) of the terms and conditions of the Existing Bonds (the "Terms and Conditions").

The redemption date for the Existing Bonds will be 3 June 2024 (the "Redemption Date"). The repayment per Existing Bond shall be equal to the repaid percentage of the nominal amount for each Existing Bond (rounded down to the nearest EUR 1.00) plus the applicable premium (being 103.375 per cent. of the repaid amount) and accrued but unpaid Interest, and the redemption amount will be paid to the bondholders holding Existing Bonds on the applicable record date (being 30 May 2024).

The applicable redemption amount will be paid to the bondholders holding the relevant Existing Bond on the relevant record date (being 30 May 2024).

The Issuer's obligation to redeem the Existing Bonds on the Redemption Date is conditional upon the successful disbursement of the net proceeds from the issue of the Company's EUR 600,000,000 senior secured senior bonds with ISIN NO0013183624 (the "New Bonds") (the "Condition"). In relation to the New Bonds, the Company has obtained a temporary waiver from the agent under the Terms and Conditions so that the Issuer could incur the new financial indebtedness relating to the New Bonds pursuant to paragraph (l)(i)(B) of the definition "Permitted Debt" in the Terms and Conditions.

The Issuer shall inform the Agent and the holders of the Existing Bonds by way of press release if the Issuer becomes aware that the Condition will not be satisfied on or prior to the Redemption Date.

For further information, please contact:

Martin Gregersen, Head of Group Treasury or Simon Kusk, Head of Group Finance

[email protected] | (+45) 32 48 00 00

This information is information that SGL Group ApS is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication by the above-mentioned persons at 12:00 CET on 16 May 2024.