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Regulatory press release

Akelius Residential Property AB: Akelius revises financial policy

Akelius Residential Property
Download the release

Akelius limits the maximum loan-to-value ratio to 35 percent.
The previous limit was 45 percent.
The ambition is to have an interest coverage ratio above 2.4.
The minimum interest coverage ratio remains at 2.0.

From 2024 the maximum debt to EBITDA ratio is set to 15.

Leiv Synnes, CFO

Higher interest rates and more uncertain financial markets increase the need for lower leverage.
Akelius still strives for a credit rating of BBB+ or better.

Stockholm, 2022-11-07

Leiv Synnes
CFO
+46 70 558 5523
leiv.synnes (ralf.spann@akelius.de%0d)@akelius.se         

This information is information that Akelius Residential Property AB (publ) is obliged to make public pursuant to the Securities Markets Act.
The information was submitted for publication at 07.30am CET on 7 November 2022.
Akelius Residential Property AB's D-shares are listed on Nasdaq First North Growth Market Stockholm.
Avanza Bank is the Certified Adviser of the company, ca@avanza.se, +46-8-409421 20.

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