Zengun Group AB (publ) issues senior secured bonds

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) (THE "SECURITIES ACT") OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW

Issuance of the New Bonds

Zengun Group AB (publ) (“Zengun” or the “Company”) has successfully placed senior secured bonds in an initial nominal amount of SEK 750 million (the “New Bonds”). The New Bonds will be issued under a framework of SEK 1,500 million, will carry a floating interest rate of 3m Stibor + 4.5% per annum and will mature in February 2030. The issuance of New Bonds attracted strong demand from Nordic and international institutional investors and was significantly oversubscribed.

The settlement date for the New Bonds is expected to occur on or about 24 February 2026 and Zengun intends to apply for admission to trading of the New Bonds on the corporate bond list of Nasdaq Stockholm. The net proceeds from the New Bonds will be used for the redemption of preference shares issued by Zengun Group Parent AB, to refinance Zengun’s outstanding senior secured bonds in a total nominal amount of SEK 400 million with ISIN SE0021486685 (the “Outstanding Bonds”), for general corporate purposes (including investments and acquisitions) and transaction costs.

The Company intends to exercise its right to make an early redemption of the Outstanding Bonds not held by the Company in accordance with the terms of the Outstanding Bonds. When the Company exercises its right to make an early redemption of the Outstanding Bonds, a separate press release including the full terms for the early redemption will be published.

Advisors

ABG Sundal Collier AB and DNB Carnegie Investment Bank AB (publ) acted as joint bookrunners in connection with the issuance of the New Bonds. Gernandt & Danielsson Advokatbyrå KB is legal adviser to the joint bookrunners and Advokatfirman Vinge KB acted as the Company’s legal adviser.

For more information, please contact:

Mick Salonen, President and CEO, +46 (0) 70 569 66 73
Oskar Björklund, CFO, +46 (0) 79 072 84 57

The information was submitted for publication, through the agency of the contact persons set out above, on 6 February 2026 at 16:00 CET.

About Zengun

Driving projects drives Zengun. We operate in the Stockholm region, in close collaboration with customers and always with the project and people in focus. We help property owners improve their property portfolios in each project by offering know-how and skills as a collaboration and sustainability partner throughout the entire lifespan of the project. We build commercial properties, with a mix of select public-sector properties and residential projects. We take the long term into consideration for our employees, customers and surroundings, and are constantly developing to make each project a reference project. In 2025, Zengun had sales of approximately SEK 2.4 billion and approximately 150 employees. #zengunbyggerstaden