Patriam Invest AB (publ) ("The Company" or "Patriam") has previously communicated that the Company, in connection with the accession of Patriam Lilla Essingen which was previously planned for July 25, 2022, would redeem previously outstanding bond loans 2020/2023 of SEK 140 million early with part of the proceeds from the Company's new green bond financing completed this summer.

As a result of administrative challenges with the seller, the accession of Patriam Lilla Essingen is now planned for 15 August 2022. As the proceeds from the Company's new bond are released in connection with the accession of Patriam Lilla Essingen, the date for the redemption of outstanding bond loans 2020/2023 is therefore also moved to 15 August 2022.

For further information, please contact:
Andreas Holmberg, CEO
E-mail: andreas.holmberg@patriam.se
Phone: +46 702093040

Ludvig Fredriksson, CFO
E-mail: ludvig.fredriksson@patriam.se
Phone: +46 721415128

About Patriam
Patriam is a family-owned real estate developer based in Stockholm. The group was founded in 2015 and has its roots in the EBAB Group, which is one of Sweden's largest in projects and property development. Patriam is an experienced developer that focuses on attractive locations where both demand and purchasing power are expected to be good. Patriam is currently working on a handful of projects in Stockholm.