Information to the holders of Senior Unsecured Floating Rate Notes issued by Nordax Bank AB (publ) in relation to the application for de-listing of the shares in Nordax Group AB (publ)

Nordic Capital Fund VIII and Sampo plc, through NDX Intressenter AB (“NDX Intressenter”), declared the public offer for Nordax Group AB (publ) ("Nordax Group"), parent company of Nordax Bank AB (publ) (“Nordax Bank”), unconditional on 15 March 2018. NDX Intressenter controls more than 97 per cent of the shares in Nordax Group and has notified Nordax Group of its intention to request compulsory redemption of the remaining shares in Nordax Group.

As proposed by NDX Intressenter, the Board of Directors of Nordax Group has today resolved to apply for de-listing of Nordax Group’s shares from Nasdaq Stockholm. The last day of trading in Nordax Group’s shares on Nasdaq Stockholm will be announced as soon as Nordax Group has received confirmation from Nasdaq Stockholm.

If the shares in Nordax Group cease to be listed on Nasdaq Stockholm, this will constitute a “Share Delisting Event” according to the terms and conditions of the Senior Unsecured Floating Rate Notes (ISIN: SE0008129332) issued by Nordax Bank. Upon the occurrence of a Share Delisting Event each noteholder has the right to request that all, or some only, of its notes be repurchased at a price per note equal to 101 per cent of the nominal amount.

As a result of the decision to apply for de-listing, the Board of Directors of Nordax Group has resolved not to publish Nordax Group’s interim report for the period 1 January – 31 March 2018, provided that Nasdaq Stockholm resolves that the de-listing be effective no later than on 31 May 2018. Nordax Bank intends, however, to publish the interim report for the period 1 January – 31 March 2018 for Nordax Bank on 19 April 2018.

For further information, please contact:

Andreas Frid, Head of Media and Investor Relations, tel: +46 705 29 08 00

About Nordax

Nordax has a vision to become the leading niche bank in Northern Europe. Today we offer service to more than 150,000 customers in Sweden, Norway, Finland and Germany. We are a complement to the major banks and concentrate on a few products in which we are experts. We specialise in helping people make informed decisions for a life they can afford. Nordax employs about 200 people, all work­ing in its office in Stockholm. The underwriting process is Nordax’s core competency; it is thorough, sound and data driven. Nordax’s customers are financially stable individuals. The typical customer is 49 years old and has an income above the national average. As of Dece,ber 31, 2017 lending to the general public amounted to SEK 13.5 billion and deposits amounted to SEK 7.5 billion. Read more on www.nordaxgroup.com. For more information about Nordax’s customer offerings, read more on each country’s web site: www.nordax.se, www.nordax.no, www.nordax.fi and www.nordax.de.