Eastnine AB (publ): Eastnine initiates a written procedure for its senior unsecured green bonds

Eastnine is requesting approval from bondholders of its outstanding EUR 45,000,000 senior unsecured callable floating rate green bonds 2021/2024 (ISIN: SE0013719788) (the "Bonds") to amend the terms and conditions of the Bonds (the "Terms and Conditions"), as part of the Company's plan to redeem the Bonds. The proposed amendment includes the possibility for Eastnine to redeem all, but not some only, of the Bonds in full on any business day falling on or after the first issue date up to (but excluding) the final redemption date, at a price per bond equal to 102.25 per cent of the nominal amount.

In order to amend the Terms and Conditions, the Company has today instructed the agent,Nordic Trustee & Agency AB (publ) (the "Agent"), to send a notice of written procedure (the "WrittenProcedure") to the direct registered owners and registered authorised nominees of the Bonds in the Company's debt ledger held with Euroclear Sweden as per 11 September 2023. The notice of the Written Procedure is held available on the Agent's web page, https://nordictrustee.com/, is attached to this announcement, and has been prepared in accordance with Clause 16.3(Written Procedure) of the terms and conditions of the Bonds.

The applicable voting requirements to approve the request are, as set out in more detail in the notice of the Written Procedure, (i) that holders representing at least fifty (50.00) per cent of the adjusted nominal amount participate in the Written Procedure and (ii) that at least sixty-six and two thirds (66 2/3) per cent of the adjusted nominal amount for which bondholders reply in the Written Procedure consent to the request. The outcome of the Written Procedure will be announced by way of press release in connection with the termination of the Written Procedure. The voting record date is 19 September 2023 and the last day for voting in the Written Procedure is 29 September 2023.

Please note that as of the date hereof, holders representing more than 50 per cent of the adjusted nominal amount have indicated their intention to vote in favour of the request.

Pareto Securities AB ("Pareto") and Skandinaviska Enskilda Banken AB (publ) ("SEB") have been appointed solicitation agents and Gernandt & Danielsson Advokatbyrå as legal advisor in relation to the Written Procedure. For questions relating to the request in the Written Procedure, please contact Pareto at PSBondIssue.se@paretosec.comor SEB at liabilitymanagementdcm@seb.se.

For further questions to the Agent regarding the administration of the Written Procedure, please contact the Agent at voting.sweden@nordictrustee.comor +46 8 783 79 00.

Eastnine AB (publ)

For more information contact:

Kestutis Sasnauskas, CEO, +46 8-505 97 700

Britt-Marie Nyman, CFO and Deputy CEO, +46 70-224 29 35

Visit www.eastnine.com

Eastnine AB (publ) is a Swedish real estate company with a property value of EUR 582m and a long-term net asset value of EUR433m as of 30 June 2023. Eastnine's vision is to create and provide the best venues where ideas can flow, people meet, and successful business can be developed. Eastnine's business concept is to be the leading long-term provider of modern and sustainable office and logistics premises in prime locations in selected markets in the Baltics and Poland. Eastnine is listed on Nasdaq Stockholm Mid Cap, sector Real Estate.

This information is information that Eastnine AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2.15 pm CEST on 12 September 2023.