Genova Property Group AB (publ): Genova repurchases convertible bonds of MSEK 195 and completes issue of additional green senior unsecured bonds of MSEK 200

Genova Property Group AB (publ) ("Genova" or the "Company") has today successfully issued green subsequent senior unsecured bonds of MSEK 200 with maturity on 3 September 2029 under its green bonds framework of MSEK 750 with ISIN SE0026141905 (the "Green Subsequent Bonds"). Following the issuance of the Green Subsequent Bonds, a total nominal amount of MSEK 620 will be outstanding under the framework. The Green Subsequent Bonds will be issued at a price of 100.5178% of the nominal amount corresponding to a coupon of 3-month STIBOR plus 360 basis points. Genova intends to apply for admission to trading of the Green Subsequent Bonds on the sustainable bond list at Nasdaq Stockholm.

An amount equal to the net proceeds of the Green Subsequent Bonds will be used in accordance with Genova's green finance framework.

In connection with the issuance of the Green Subsequent Bonds, Genova has also agreed to repurchase convertible bonds with ISIN SE0021630308 (the "Convertible Bonds") for an amount of MSEK 195 at a price of 104,5% of the Nominal Amount. Outstanding Convertible Bonds excluding Genova's holdings amount to MSEK 5 after the repurchase, corresponding to less than 10% of the initial aggregate nominal amount. Genova hereby announces that it intends to redeem all outstanding Convertible Bonds subject to a "Clean-up Event" (as defined in the terms and conditions for the Convertible Bonds) occurring, which is expected to occur in connection with repurchased Convertible Bonds being delivered to Genova on 30 December 2025. Redemption will take place in accordance with the terms and conditions for the Convertible Bonds.

"Genovas' strategy is to act where the conditions for sustainable profitable growth are assessed to be best and thereby create value and growth in earnings per share. The purpose of the bond issue is to create additional value for the shareholders by repurchasing, on a nearly debt- and interest-neutral basis, convertible bonds which could have resulted in a future dilution of the shareholders of approximately 8%,", comments Michael Moschewitz, CEO of Genova Property Group.

Arctic Securities AS, filial Sverige acts as arranger and sole bookrunner in respect of the issuance of the Green Subsequent Bonds. Gernandt & Danielsson Advokatbyrå KB acts as legal advisor.

For further information, please contact:
CEO, Michael Moschewitz, mobile +46 (0)70-713 69 39, michael.moschewitz@genova.se

This information is such information that Genova Property Group AB (publ) is obligated 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, on 18 December at 14.30 CET.

About Genova
Genova Property Group AB (publ) is a dynamic property company with extensive expertise in various segments of the property market. The company aims to drive sustainable value growth through active property management, urban development, project development and property transactions in Sweden. As of 30 September 2025, Genova owned properties valued at approximately SEK 9.8 billion and the company held a substantial building rights portfolio. Genova's share has been listed on Nasdaq Stockholm since 2020.

Genova - Smålandsgatan 12 - 111 46 Stockholm - www.genova.se