Redemption Notice in respect of the EUR 150,000,000 Callable Subordinated Capital Securities due 3022

Investor News

20 March 2026

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF SECURITYHOLDERS. IF SECURITYHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR FINANCIAL ADVISER IMMEDIATELY.

NOT FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE U.S. SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS NOTICE.

ISIN: DK0030510995 (the "Securities")
Issued by NKT A/S (the "Issuer")

Unless otherwise defined herein, capitalised terms shall have the meanings given to them in the terms and conditions of the Securities dated 16 August 2022 (the "Terms and Conditions").

Reference is made to Condition 10.7 (Redemption for a minimum outstanding principal amount) of the Terms and Conditions.

Immediately prior to the date of this notice, the outstanding principal amount of the Securities is EUR 150,000,000. As the Issuer has purchased and holds Securities with an aggregate principal amount of approximately 85 per cent of the aggregate principal amount of the Securities issued, the Issuer hereby gives notice to the Securityholders of the exercise of its option pursuant to Condition 10.7 (Redemption for a minimum outstanding principal amount) of the Terms and Conditions to call all outstanding Securities for redemption on 20 April 2026 (the "Redemption Date").

As a consequence of this exercise, all outstanding Securities will be redeemed on the Redemption Date at their principal amount, together with accrued but unpaid interest to (but excluding) the Redemption Date.

This notice is supplemental to, and should be read in conjunction with, the Terms and Conditions.

Contact

Investors

Jacob Johansen, Head of Investor Relations
+45 2169 3591 / [email protected]
 

Press

Louise Westh Naldal, Head of Group Communications

+45 2982 0022 / [email protected]