Genexis Group AB (publ) initiates consultations with its bondholders for the purpose of amending the terms and conditions of its senior secured bonds

Genexis Group AB (publ) (the “Company”) announces that the Company has initiated consultations with holders of its outstanding senior secured sustainability-linked bond with ISIN SE0018040891 (the “Bonds”) (the “Bondholders”). As part of the consultations, the Company will also seek to negotiate and enter into a standstill agreement.

The Company is a leading European vendor of innovative fiber broadband solutions for the home. As its Northern European core market begins to show signs of stabilization after a prolonged period of headwinds, the Company has taken the first steps on its new long-term growth strategy. It has successfully expanded its product portfolio and made first phase entry into new geographical markets. Continued and successful execution of this strategy will require increased investments over a sustained period.

For this reason, the Company has initiated constructive consultations with a group of Bondholders representing approximately 60% of the outstanding Bonds with the aim of soliciting consent for certain amendments to the terms and conditions of the Bonds, including inter alia an extension of maturities, the introduction of a junior debt instrument, and a reduction of cash interest to provide greater investment capacity.

Furthermore, the Company has decided it is in the interests of all stakeholders to prioritize operations and defer the upcoming interest payment due on 8 September 2025. The Company therefore intends to work together with the Bondholders as well as with Nordea Bank Abp, filial i Sverige, provider of its current credit facilities, towards entering into a standstill agreement for the purpose of ensuring that no acceleration will occur for the duration of the discussions between the parties.

Pareto Securities AB is acting as financial advisor to the Company and White & Case Advokat AB is acting as legal advisor.

For further information, please contact:

Gerlas van den Hoven, CFO, Genexis Group

Tel: +31620246633

E-mail: g.vdhoven@genexis.eu

Genexis Group AB (publ) is required to make public this information in accordance with EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09:00 CET on 28 August 2025.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED IN THE U.S. SECURITIES ACT) OR IN OR INTO ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.​​​​​​​

Genexis is a leading European vendor of innovative broadband solutions for the home. Our customers are network operators, internet service providers, and fiber network installers. Genexis’ portfolio consists of ONTs, residential gateways, extenders, open-source-based operating systems, and communication management software. We are a European company headquartered in Stockholm (SE) and Eindhoven (NL). Genexis has a Sustainability Linked Bond listed on Nasdaq Stockholm and has earned the EcoVadis Gold medal for sustainability.

www.genexis.eu

For any queries please contact:

Genexis
Genexis Newsdesk
News@genexis.eu

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