Elisa - Inside information

Inside information: Elisa considers issuance of new bond and announces a tender offer for its Eurobond maturing 2026


ELISA INSIDE INFORMATION 6 MAY 2025 AT 11:00 AM NOT FOR RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, AUSTRALIA, CANADA, HONGKONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SINGAPORE OR IN ANY OTHER JURISDICTION WHERE SUCH RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL. Elisa announces Bond issuance under the company's EUR 1.5 billion EMTN (Euro Medium Term Note) Programme. The issue amount of the new Bond issue is expected to be EUR 300 million. Danske Bank acts as a Global Coordinator, and together with Nordea, OP Corporate Bank and LBBW act as Joint Bookrunners on the transaction. Elisa has also today invited holders of its existing notes maturing in 2026 to sell their notes for cash. Elisa currently proposes to accept for purchase up to EUR 120 million in aggregate nominal amount. Whether Elisa will accept for purchase any notes validly tendered is subject to, without limitation, the issue of the new Bonds. The tender offer expires on 13 May 2025 at 4.00pm London time and is being made on the terms and subject to the conditions set out in the Tender Offer Memorandum dated 6 May 2025. The dealer manager for the tender offer is Nordea. The Offeror will pay for Notes accepted by it for purchase pursuant to the Offer a price (the Purchase Price) to be determined at or around 11.00am. (London time) (the Pricing Time) on 14 May 2025 (the Pricing Date) in the manner described in the Tender Offer Memorandum by reference to the sum (such sum, the Purchase Yield) of a purchase spread of -8 basis points (the Purchase Spread) and the Interpolated Rate. The proceeds from the issue of the new bond will be used for general corporate purposes, including financing tender offer of the bond maturing in 2026. Further information: Jari Kinnunen, CFO tel. +358 50 324 3521 Juho Saarinen, Group Treasurer tel. +358 44 535 0595 Juha Kervinen, Group Treasurer tel. +358 50 555 3625 ELISA CORPORATION Vesa Sahivirta IR Director tel. +358 50 520 5555 Distribution: Nasdaq Helsinki Principal media www.elisa.com