Kungsleden AB (publ) ("Kungsleden" or the "Company") announces that the Company today has published a notice of noteholders meeting (the "Notice") under its outstanding medium term notes maturing in January 2026 (ISIN: SE0012194009), June 2025 (ISIN: SE0012676856), August 2025 (ISIN: SE0013359791), September 2026 (ISIN: SE0013882602), January 2027 (ISIN: SE0013104304) and March 2028 (ISIN: SE0013882941) (each a "Loan" and together, the "Loans") issued under the Company's MTN Programme in order to request consent for Castellum AB (publ) (co. reg. no 556475-5550) ("Castellum") to replace Kungsleden as issuer.

Kungsleden has instructed Nordic Trustee & Agency AB (publ) as agent (the "Agent") under the terms and conditions of the Loans to dispatch a notice in order to convene a noteholders' meeting for the purpose of requesting the noteholders under the Loans for approval of amending the terms and conditions and final terms of each Loan so that Castellum replaces Kungsleden as debtor under the Loans (the "Amendment").

In 2022, following compulsory redemption following Castellum's public offer for the shares in Kungsleden, Castellum became the owner of 100 per cent. of the shares in Kungsleden. Since then, all new bond funding has been raised via Castellum. As a next step to streamline the Company’s debt structure and reduce administrative and reporting burdens, the Company is requesting noteholders to approve a transfer of all bond debt from the Company to Castellum. If the noteholders approve the request under each Loan pursuant to the notice, all rights and obligations of the issuer under each Loan will be transferred to Castellum and the Company's rights and obligations under each Loan will cease.

Kungsleden is soliciting consents to the Amendment (the "Consent Solicitation"). Participants in the Consent Solicitation will, subject to the conditions set out in the Notice being met, receive an early bird consent fee in an amount equal to 0.10 per cent. of the Adjusted Loan Amount (as defined in the terms and conditions of the Loans) of each Loan validly voted for. The Consent Voting Instruction shall be submitted to the Solicitation Agent no later than the Early Bird Voting Date.

The Agent will deliver the notice to the noteholders meeting to all noteholders on 7 October 2024. The noteholders meeting will be held 31 October 2024 at 12.00. Noteholders may participate in the noteholders meeting in person, via telephone conference or by submitting a duly completed voting form (as included in the Notice).

To be eligible to participate at the noteholders meeting, a person must fulfil the formal criteria for being a noteholder on 24 October 2024. This means that the person must be registered on a securities account with Euroclear Sweden AB as a direct registered owner (Sw. direktregistrerad ägare) or authorised nominee (Sw. förvaltare) with respect to one or several MTNs under the Loans.

Nordea Bank Abp has been retained as Solicitation Agent in connection with the Consent Solicitation.

The notice of noteholders meeting is available on the Company's website (https://www.castellum.com/investors/kungsleden-archive/kungsleden-capital-markets-products/) and on Stamdata (www.stamdata.com).

For further information, please contact:
Kungsleden AB (publ)
Jens Andersson, CEO
Telephone: +46 (0)76-855 67 02

Solicitation Agent
Nordea Bank Abp
Telephone: +45 2465 7750
Email: NordeaLiabilityManagement@nordea.com