SRV files listing application and publishes listing prospectus in respect of its EUR 22.5 million green capital securities

SRV GROUP PLC       STOCK EXCHANGE RELEASE         27 NOVEMBER 2025 12:15 P.M.
EET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG,
SINGAPORE, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE
IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE CAPITAL SECURITIES OR THE
RELEASE, PUBLICATION OR DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

SRV files listing application and publishes listing prospectus in respect of its
EUR 22.5 million green capital securities

SRV Group Plc ("SRV") announced on 24 November 2025 the issuance of new
unsecured and subordinated green capital securities of EUR 22.5 million (the
"Capital Securities"). The Capital Securities do not have a specified maturity
date, but SRV is entitled to redeem the Capital Securities at their nominal
amount on the reset date of 1 December 2028 (the "Reset Date") and on each
interest payment date thereafter.

The Capital Securities bear a fixed interest rate of 10.00% per annum from the
issue date to the Reset Date (but excluding the Reset Date). From the Reset Date
(and including the Reset Date), the Capital Securities will bear a floating
interest as defined in the terms and conditions of the Capital Securities.

The Finnish Financial Supervisory Authority has today approved the listing
prospectus of the Capital Securities. The listing prospectus is available later
today in English on SRV's website at https://www.srv.fi/en/srv-as-a
-company/investor/financials/unsecured-notes/.

SRV has today submitted a listing application with Nasdaq Helsinki Ltd ("Nasdaq
Helsinki") for the admission to trading of the Capital Securities on the on the
list of sustainable bonds of Nasdaq Helsinki. Subject to the approval of the
listing application, trading in the Capital Securities is expected to commence
on or about 1 December 2025. The ISIN code of the Capital Securities is
FI4000597992.

Nordea Bank Abp and Swedbank AB (publ) acted as the joint lead managers in the
issue of the Capital Securities and green structurers.

Further enquiries:

Saku Sipola, CEO, saku.sipola@srv.fi, +358 40 551 5953
Jarkko Rantala, CFO, jarkko.rantala@srv.fi, +358 40 674 1949

Distribution:

Nasdaq Helsinki
Media
www.srv.fi

SRV in brief

SRV is a Finnish developer and innovator in the construction industry. We are
building a more sustainable and responsible urban environment that fosters
economic value and takes the well-being of both the environment and people into
consideration. We call this approach lifecycle wisdom. Our genuine engagement
and enthusiasm for our work comes across in every encounter - and listening is
one of our most important ways of working. We believe that the only way to
change the world is through discussion.

Our company, established in 1987, is listed on the Helsinki Stock Exchange. We
operate in growth centres in Finland. In 2024, our revenue totalled EUR 745.8
million. In addition to approximately 800 in-house staff, we have a network of
around 3,200 partners.

SRV - Building for life


Important Information

The information contained herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into the United
States, Australia, Canada, Hong Kong, Singapore, Japan, New Zealand, South
Africa or such other countries or otherwise in such circumstances in which the
release, publication or distribution would be unlawful. The information
contained herein does not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of, the Capital Securities in any
jurisdiction in which such an offer, solicitation, or sale would be unlawful
prior to registration, exemption from registration or qualification under the
securities laws of any such jurisdiction.

This communication does not constitute an offer of securities for sale in the
United States. The Capital Securities have not been and will not be registered
under the U.S. Securities Act of 1933, as amended (the "Securities Act") or
under the applicable securities laws of any state of the United States and may
not be offered or sold, directly or indirectly, within the United States or to,
or for the account or benefit of, U.S. persons except pursuant to an applicable
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act.

This communication does not constitute an offer of the Capital Securities to the
public in the United Kingdom. No prospectus has been or will be approved in the
United Kingdom in respect of the Capital Securities. Consequently, this
communication is directed only at (i) persons who are outside the United
Kingdom, (ii) persons in the United Kingdom that are qualified investor within
the meaning of Article 2(e) of the Prospectus Regulation ((EU) 2017/1129) as
incorporated into UK domestic law by virtue of the European Union (Withdrawal)
Act 2018 that are also (a) investment professionals falling within Article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(the "Order"), (b) high net worth entities, and (iii) other persons to whom it
may lawfully be communicated, falling within Article 49(2) of the Order (all
such persons together being referred to as "relevant persons"). Any investment
activity to which this communication relates will only be available to, and will
only be engaged with, relevant persons. Any person who is not a relevant person
should not act or rely on this document or any of its contents.