24Storage AB (publ) (the "Company") hereby announces that it has mandated Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) as joint bookrunners to investigate the possibility of a senior unsecured bond issue with a framework of up to SEK 800,000,000. Subject to, inter alia, market conditions, a bond issue may follow.

The proceeds from the potential bond issue will be used to (i) refinance existing debt, (ii) finance general corporate purposes of the group (including investments and acquisitions) and (iii) finance transaction costs.

For more information, please contact:

Fredrik Sandelin, CEOPhone: +46 73 068 36 58Email: fredrik.sandelin@24storage.com

About 24Storage

24Storage is a self storage company that offers customers convenient and easy to access storage space outside the home or office. The Company was founded in 2015 with the vision to digitalise the storage industry and has succeeded in establishing itself since then as one of the biggest players in Sweden. 24Storage operates and developes 23 storage facilities with more than 10,500 storage units, corresponding to a total of over 56,000 lettable square meters and more than 6,000 customers. The 24Storage share is listed on Nasdaq First North Growth Market and Arctic Securities is the company's Certified Adviser and can be reached at certifiedadviser@arctic.com or +46 844 68 61 00. For more information, please visit 24storage.se.

This information is information that 24Storage is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2020-09-21 08:00 CEST.

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24Storage AB (publ) investigates the possibility to issue senior unsecured bonds