GLX Holding AS: Successful placement of 4-year sustainability-linked bonds

09 Feb 2023 18:15 CET

February 9, 2023 – GLX Holding AS (“Glamox”) today successfully placed NOK 1,350
million 4-year senior secured sustainability linked floating rate bonds due 23
February 2027. Net proceeds from the contemplated bond issue will be used to
refinance Glamox’ existing senior secured bond issue with ticker “GLX01” (ISIN
NO0010812092) and for general corporate purposes. An application will be made
for the bonds to be listed on the Oslo Stock Exchange.
Arctic Securities, Danske Bank, and DNB Markets acted as Joint Bookrunners and
Danske Bank and DNB Markets acted as Sustainability Linked Bond Structuring
Advisors for the bond issue.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation, and is subject to the disclosure requirements pursuant
to Section 5-12 of the Norwegian Securities Trading Act. The stock exchange
announcement was published by Kjetil Østvold, Head of IR and Analysis at Glamox
AS.

Date and time of publication: 18:15 CET, 9 February 2023.

For further information, please contact:
Kjetil Østvold, Head of Investor Relations & Analysis
Mobile: +47 468 63 004
E-mail: Kjetil.ostvold@glamox.com or ir_glx@glamox.com

Or Geir Haukedal, Chief Financial Officer
Mobile: +47 220 21 081
E-mail: Geir.Haukedal@glamox.com

About Glamox
Glamox AS is a leading lighting company that provides quality energy-efficient
lighting for professional buildings in Europe and to the world’s marine,
offshore and wind markets. Our mission is to provide sustainable lighting
solutions that improve the performance and well-being of people. We are
committed to achieving Net Zero operations by 2030.

Headquartered in Oslo, Norway, Glamox AS is privately owned by Triton and
Fondsavanse. Glamox AS is a subsidiary of GLX Holding AS, which has a stock
exchange-listed bond (ticker: GLX). Glamox AS employs around 2,200
professionals, with sales and production in Europe, Asia, and North America. In
2022, its annual revenues were NOK 3,772 million. It owns a range of quality
lighting brands, including Glamox, Aqua Signal, ES-SYSTEM, Küttel, LINKSrechts,
LiteIP, Luminell, Luxo, Luxonic, Norselight, and Wasco. For more information,
please see www.glamox.com

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