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.
 
Norion Bank AB (publ) (the "Issuer") is offering holders of the Issuer's outstanding SEK 500,000,000 floating rate senior unsecured notes due 12 September 2025 (ISIN: SE0013105137) (the "Notes"), to tender any and all of their Notes for purchase by the Issuer for cash ("Tender Offer") at a purchase price of 100.40 per cent along with accrued and unpaid interest. The Notes will be repurchased subject to the terms and conditions described in the tender information document dated 17 March 2025 ("Tender Information Document").
 
The full terms and conditions of the Tender Offer can be found in the Tender Information Document attached to this announcement.
 
The Tender Offer expires at 12:00 CET on 20 March 2025, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Issuer. Settlement of the Tender Offer is expected to occur on 25 March 2025.
 
The Issuer has mandated Nordea Bank Abp to act as Dealer Manager for the Tender Offer.
Dealer Manager: Nordea Bank Abp: +45 61 36 03 79, nordealiabilitymanagement@nordea.com