Nes Fircroft Bondco AS – Notice of exercise of call option

We refer to the announcement published 16 July 2026 regarding the successful placement of a new senior secured callable bond issue. NES Fircroft Bondco AS has today notified Nordic Trustee AS that it will exercise the call option to redeem all outstanding bonds under its senior secured bond issue (with ISIN NO0013333419) and each Bondholder is hereby given notice thereof. The bonds were issued 30 September 2024 with maturity 30 September 2029.

The exercise of the call option is conditional upon certain conditions as set out in the Call Option Notice being satisfied or waived no later than 14 August 2026.

Subject to satisfaction of the aforementioned conditions, the entire bond issue will be repaid at a price equal to 104.50245 per cent. of the Nominal Amount, plus accrued and unpaid interest on the redeemed amount, with settlement date 19 August 2026. The record date for the call option will be 17 August 2026.

Reference is made to the attached notice from Nordic Trustee AS for further information about the call option.

Contact: Mark Le Vesconte, Group Finance Director, mark.levesconte@nesfircroft.com