Issuance of New Notes
Heimstaden AB (publ) ("Heimstaden" or the "Company") today announces the successful pricing of EUR 430 million 5NC3 Senior Unsecured Fixed Rate Notes (the "New EUR Notes") as well as SEK 750 million 3.5 year Senior Unsecured Floating Rate Notes (the "New SEK Notes" and, together with the New EUR Notes, the "New Notes"). The New Notes were priced on 17 January 2025 and will settle on 29 January 2025. The New EUR Notes carry a coupon of 8.375% until maturity and the New SEK Notes carry a coupon of 3 months STIBOR + 600 basis points until maturity. The proceeds from the New Notes will be used exclusively to refinance outstanding debt. An application will be made for the New Notes to be listed on the regulated market of Euronext Dublin. The final terms will be made available on both the website of Euronext Dublin and www.heimstaden.com.

J.P. Morgan, Nordea, Pareto, and Swedbank acted as Joint Bookrunners on the transaction.


Final Tender Offer Results
Heimstaden today announces the final results of its offer to holders of its outstanding SEK 500 million floating rate notes due April 2025 with ISIN XS2469914308 (the "SEK Apr-25 Notes"), SEK 1,200 million floating rate notes due October 2025 with ISIN SE0014991352 (the "SEK Oct-25 Notes") and EUR 350 million fixed rate notes due March 2026 with ISIN SE0015657903 (the "EUR Notes") (together referred to as the "Notes").

The Tender Offer was announced on 10 January 2025 and made on the terms and subject to the conditions and restrictions described in the tender information document dated 10 January 2025 (the "Tender Information Document"). Capitalised terms used in this announcement but not otherwise defined have the meanings given to them in the Tender Information Document.

Heimstaden has decided to accept in full all validly submitted tender instructions received by the Expiration Date without any scaling.

Note | Validly tendered and accepted nominal amount | Purchase Price | Heimstaden's total nominal holdings after the Tender Offer| Heimstaden's total % holdings of the total outstanding amount after the Tender Offer

SEK Apr-25 Notes | SEK 250,000,000 | 100.00% | SEK 408,000,000 | 81.6%

SEK Oct-25 Notes | SEK 755,000,000 | 100.00% | SEK 1,045,000,000 | 87.1%

EUR Notes | EUR 333,200,000 | 100.00% | EUR 333,200,000 | 95.2%

Subject to the New Financing Condition, Heimstaden will pay the Purchase Price as outlined above, together with an amount equal to accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the Settlement Date for the Tender Offer, on the Notes validly tendered and accepted. The Settlement Date for the Tender Offer is expected to be 31 January 2025.

Dealer Managers on the Tender Offer:

J.P. Morgan SE, liability_management_EMEA@jpmorgan.com, +44 20 7134 2468

Nordea Bank Abp, nordealiabilitymanagement@nordea.com, +45 6161 2996

Swedbank AB (publ), liabilitymanagement@swedbank.se


Call for Early Redemption
Heimstaden today submitted notice to holders of the Notes, that all outstanding Notes following the Settlement Date of the Tender Offer will be redeemed in full in accordance with the terms and conditions of the Notes. All outstanding Notes will be redeemed at the redemption price of 100.00% of the total outstanding nominal amount of the relevant Notes, together with any accrued and unpaid interest. Settlement date of the redemption is expected to be on 6 February 2025.