SRV GROUP PLC       STOCK EXCHANGE RELEASE         27 NOVEMBER 2025 12:15 P.M. EET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, SINGAPORE, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE CAPITAL SECURITIES OR THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

SRV files listing application and publishes listing prospectus in respect of its EUR 22.5 million green capital securities

SRV Group Plc ("SRV") announced on 24 November 2025 the issuance of new unsecured and subordinated green capital securities of EUR 22.5 million (the "Capital Securities"). The Capital Securities do not have a specified maturity date, but SRV is entitled to redeem the Capital Securities at their nominal amount on the reset date of 1 December 2028 (the "Reset Date") and on each interest payment date thereafter.

The Capital Securities bear a fixed interest rate of 10.00% per annum from the issue date to the Reset Date (but excluding the Reset Date). From the Reset Date (and including the Reset Date), the Capital Securities will bear a floating interest as defined in the terms and conditions of the Capital Securities.

The Finnish Financial Supervisory Authority has today approved the listing prospectus of the Capital Securities. The listing prospectus is available later today in English on SRV's website at https://www.srv.fi/en/srv-as-a-company/investor/financials/unsecured-notes/.

SRV has today submitted a listing application with Nasdaq Helsinki Ltd ("Nasdaq Helsinki") for the admission to trading of the Capital Securities on the on the list of sustainable bonds of Nasdaq Helsinki. Subject to the approval of the listing application, trading in the Capital Securities is expected to commence on or about 1 December 2025. The ISIN code of the Capital Securities is FI4000597992.

Nordea Bank Abp and Swedbank AB (publ) acted as the joint lead managers in the issue of the Capital Securities and green structurers.

Further enquiries:

Saku Sipola, CEO, saku.sipola@srv.fi, +358 40 551 5953
Jarkko Rantala, CFO, jarkko.rantala@srv.fi, +358 40 674 1949

Distribution:

Nasdaq Helsinki
Media
www.srv.fi

SRV in brief

SRV is a Finnish developer and innovator in the construction industry. We are building a more sustainable and responsible urban environment that fosters economic value and takes the well-being of both the environment and people into consideration. We call this approach lifecycle wisdom. Our genuine engagement and enthusiasm for our work comes across in every encounter - and listening is one of our most important ways of working. We believe that the only way to change the world is through discussion.

Our company, established in 1987, is listed on the Helsinki Stock Exchange. We operate in growth centres in Finland. In 2024, our revenue totalled EUR 745.8 million. In addition to approximately 800 in-house staff, we have a network of around 3,200 partners.

SRV - Building for life
 

Important Information

The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Singapore, Japan, New Zealand, South Africa or such other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the Capital Securities in any jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This communication does not constitute an offer of securities for sale in the United States. The Capital Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

This communication does not constitute an offer of the Capital Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Capital Securities. Consequently, this communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons in the United Kingdom that are qualified investor within the meaning of Article 2(e) of the Prospectus Regulation ((EU) 2017/1129) as incorporated into UK domestic law by virtue of the European Union (Withdrawal) Act 2018 that are also (a) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), (b) high net worth entities, and (iii) other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to, and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.