THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, INAUSTRALIA ,CANADA ORJAPAN , OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFULOslo, Norway -21 January 2022 Reference is made to the offer document dated22 December 2021 for the mandatory offer by Samhällsbyggnadsbolaget iNorden AB (publ) ("SBB") to acquire all the shares inSolon Eiendom ASA ("Solon Eiendom " or the "Company") that are not already owned by SBB at an offer price ofNOK 44 per share (the "Mandatory Offer"). The acceptance period for the Mandatory Offer expired yesterday,20 January 2022 at16:30 CET . Upon expiry of the acceptance period for the Mandatory Offer, SBB had received valid acceptances for in total 4,278,217 shares, corresponding to approximately 5.24% of the shares in the Company. In addition, SBB has acquired 1,000,000 shares outside the Mandatory Offer at the offer price. Following completion of the Mandatory Offer and subject to due settlement of the shares for which acceptances are received, SBB will own 5,278,217 shares representing 6.47% of the total registered share capital and voting rights in the Company. In accordance with the terms of the Mandatory Offer, settlement of the Mandatory Offer will be made in NOK as soon as reasonably possible and no later than two weeks after the expiry of the acceptance period. The latest date on which settlement of the Mandatory Offer will be made is accordingly3 February 2022 . With reference to the stock exchange announcement made on20 December 2021 by SBB and Solon Eiendom Holding AS ("Solon Holding "), SBB will transfer all shares acquired under the Mandatory Offer toSolon Holding . Following the transfer of such shares from SBB,Solon Holding will own 78,817,686 shares inSolon Eiendom representing 96.6% of the total registered share capital and voting rights in the Company. As announced bySolon Holding on13 January 2022 ,Solon Holding will carry out a compulsory acquisition of the remaining shares in the Company as soon as possible. For further information, please contact:Ilija Batljan , CEO and Founder of Samhällsbyggnadsbolaget iNorden AB , ilija@sbbnorden.se.
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