Caverion Corporation announced that it gave notice to the holders of Notes that it will redeem all the outstanding Notes in accordance with Condition 5.3 (Clean-up Call Option) of the terms and conditions of senior unsecured 2.750% notes due 25 February 2027, the original principal amount of which was EUR 75 million (the Notes). On 29 January 2024, Caverion repurchased by way of a repurchase offer Notes amounting to a principal amount of EUR 72,100,000 (the Repurchase Offer). The remaining outstanding aggregate principal amount of the Notes after the completion of the Repurchase Offer is EUR 2,900,000, representing approximately 3.87% of the original aggregate principal amount of the Notes.

Caverion is thus entitled to redeem all of the outstanding Notes in accordance with Condition 5.3 (Clean-up Call Option) of the terms and conditions of the Notes. The outstanding Notes will be redeemed on 4 March 2024 (the Redemption Date) in accordance with the terms and conditions of the Notes. On the Redemption Date, Caverion will pay to the Noteholders a redemption price per Note equal to 100% of their principal amount together with any accrued but unpaid interest.

Interest on the Notes to be redeemed accrues until (but excluding) the Redemption Date.