Regulatory press release

SRV Yhtiöt Oyj: SRV to redeem convertible capital securities issued in 2016 and 2018

SRV GROUP PLC STOCK EXCHANGE RELEASE 6 MAY 2026 17:00 EEST

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 to redeem convertible capital securities issued in 2016 and 2018

This notice is made in respect of SRV Group Plc's (the "Company") perpetual convertible capital securities ISIN FI4000198122 and FI4000315395 (together the "Capital Securities").

The outstanding aggregate amount of the convertible capital securities issued on 23 March 2016 (fixed coupon rate of 4.875 per cent) is EUR 14,455,202 (ISIN: FI4000198122).

The outstanding aggregate amount of the convertible capital securities issued on 27 March 2018 (fixed coupon rate of 4.875 per cent) is EUR 24,665,475 (ISIN: FI4000315395).

The Capital Securities do not have a specified maturity date, but the Company is entitled to redeem all of the Capital Securities on the first reset date or on any interest payment date thereinafter in accordance with Condition 7.5 (Redemption at the option of the Issuer) of the terms and conditions of each the Capital Securities. The Company hereby gives notice to the holders of Capital Securities (the "Holders") and to the calculation agent that it will redeem all the outstanding Capital Securities on 30 June 2026 (the "Redemption Date") in accordance with the terms and conditions of the Capital Securities.

On the Redemption Date, the Company will pay to the Holders a redemption price per Capital Security equal to 100 per cent of their principal amount together with any accrued but unpaid interest. Interest on the Capital Securities to be redeemed accrues until (but excluding) the Redemption Date.

This notice of redemption is irrevocable. All the outstanding Capital Securities redeemed by the Company will be cancelled.

The Capital Securities are separate from the non-convertible EUR 22.5 million green capital securities issued by the company in November 2025. The redemptions do not concern the said green capital securities.

Further information:
Jarkko Rantala, CFO, jarkko.rantala@srv.fi, tel.+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 into consideration the wellbeing of both the environment and people. 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 2025, our revenue totalled EUR 705.6 million. In addition to about 700 SRV employees, we had a network of around 2,900 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 Public Offers and Admissions to Trading Regulations 2024 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.