Arco Vara AS prepares for public bond offering

Arco Vara AS announces its intention to issue bonds in September 2025. The exact
terms and timeline of the offering will be published shortly.

The  purpose  of  the  public  bond  offering  is  primarily  to  finance  a new
development  project -  Lutheri Quarter  - and  to expand the company's investor
base.  The bonds are planned  to be listed on  the Nasdaq Tallinn Stock Exchange
Baltic Bond List.

In  connection with this,  Arco Vara will  host an autumn  investor event on 10
September  2025 in Lutheri  Quarter, Tallinn,  where topics  such as real estate
market  trends, bonds in  a retail investor's  portfolio, and an  inside look at
Arco  Vara's operations and future plans will  be discussed. The event will also
include  a detailed  overview of  the planned  bond terms  and an opportunity to
visit  the Lutheri  Quarter development  site in  person. The  event is  free of
charge and open to all interested parties.

Kristina Mustonen, CEO of Arco Vara, commented:

    "The public bond issue gives Arco Vara an opportunity to raise capital
    directly from people who believe in our vision and want to be part of our
    next growth phase. Lutheri Quarter is a great example of how high-quality
    urban environment, architecture, and sustainability come together - the
    investor event is a great opportunity to meet us face-to-face, ask
    questions, and see the future with your own eyes."



The  bonds are intended to be offered publicly only in Estonia, and the offering
is  subject  to  the  approval  of  the  prospectus  by  the  Estonian Financial
Supervision Authority. Arco Vara will publish a separate notice upon approval of
the  prospectus and the  start of the  bond offering, including the subscription
terms.

This  notice is  for informational  purposes only  regarding a  potential future
offering.  This  announcement  does  not  constitute  an  offer  to  sell or the
solicitation  of  an  offer  to  buy  the  bonds,  nor  shall  there,  under any
circumstances,  be any sale or  offering of the bonds  in any jurisdiction where
such  offering, solicitation, or  sale would be  unlawful prior to the approval,
registration,  or publication of a  prospectus, information memorandum, or other
offering document.

Darja Bolshakova
CFO
Arco Vara AS
[email protected] (mailto:[email protected])