The extended agreement means that Coor will continue to deliver integrated workplace services and property services to Borealis' some 1,000 employees at 140 facilities at its Stenungsund site. Borealis produces plastics for power cables, communication cables, pipe systems, automotive components and advanced packaging solutions.

Services included in the agreement include property maintenance, building conversions and extensions, cleaning, recycling, reception, telephony, mail management, restaurant services and security and surveillance. In addition to the IFM agreement, Coor and Borealis have expanded their cooperation to include the delivery of safety guards, cargo securing and warehousing services starting on February 1, 2025.

" I am very pleased that Borealis has chosen to extend the collaboration. Borealis operates in a complex production environment with high demands on safety, quality and work environment. The fact that we extend and deepen this agreement shows that Coor's quality assurance system for service delivery matches the stringent demands of the manufacturing industry. Our goal is to continue to deliver our services alongside Borealis by providing new innovative solutions," commented AnnaCarin Grandin, President and CEO of Coor.

Please find more information at www.coor.com or contact:

AnnaCarin Grandin,President and CEO, Coor

+46 10 559 57 70

annacarin.grandin@coor.com

Andreas Engdahl, CFO and IR Director, Coor
+46 10 559 54 63
andreas.engdahl@coor.com

Magdalena Öhrn, Communications Director, Coor
+46 10 559 55 19
magdalena.ohrn@coor.com

About Coor:

As the leading provider of facility management services, Coor aims to create the happiest, healthiest, and most prosperous workplace environments in the Nordic region. Coor offers specialist expertise in workplace services, property services and strategic advisory services. Coor creates value by executing, developing, and streamlining our customers' service activities. This enables our customers to do what they do best.

Coor's customer base includes many large and small companies and public-sector organisations across the Nordic region, including ABB, Aibel, Alleima, the Danish Building and Property Agency, DNV, DSB, Equinor, ICA, IKEA, Karolinska University Hospital in Solna, PKA - "Danish Police, Public Prosecution Authority and Prison and Probation Service", PostNord, Saab, SAS, Skanska, Swedbank, Telia Company, Vasakronan and Volvo Cars.

Coor was founded in 1998 and has been listed on Nasdaq Stockholm since 2015. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com