Genova Property Group AB (publ): Genova confirms the early redemption of bond loan 2023/2026

Genova Property Group AB (publ) (the "Company" or "Genova") sent a conditional notice of early redemption (the "Redemption") on 19 March 2025 to all holders of the Company's outstanding bonds 2023/2026 with ISIN SE0018397705 (the "Outstanding Bonds"). The Redemption of the Outstanding Bonds was conditional upon a successful issue of the new green bonds with an initial issue amount of SEK 650 million under a total framework amount of SEK 750 million (the "New Bonds"). Genova hereby confirms that the settlement of the New Bonds has occurred and that the condition for the Redemption therefore has been fulfilled.

All Outstanding Bonds will be redeemed early at an amount equal to 101.785 per cent of the nominal amount plus accrued and unpaid interest. The record date for the Redemption is 9 May 2025 and the redemption date for the Redemption is 16 May 2025. In connection with the Redemption, the Outstanding Bonds will be delisted from Nasdaq Stockholm.

For further information, please contact:
CEO, Michael Moschewitz, mobile +46 (0)70-713 69 39, michael.moschewitz@genova.se

About Genova
Genova Property Group AB (publ) is a dynamic property company with extensive expertise in various segments of the property market. The company aims to drive sustainable value growth through active property management, urban development, project development and property transactions in Sweden. As of 31 December 2024, Genova owned properties valued at approximately SEK 10.0 billion and the company held a substantial building rights portfolio. Genova's share has been listed on Nasdaq Stockholm since 2020.

Genova - Smålandsgatan 12 - SE-111 46 Stockholm - www.genova.se