Accrued and unpaid interest as of the Interest Amendments Date

27 Feb 2023 16:35 CET

Reference is made to Convene Holding AS' announcement of written resolution made
on 20 February 2023, announcing the approval of a comprehensive recapitalization
proposal presented in the summons to written resolutions, dated 15 February 2023
(the "Summons").

The principal and interest on the First Lien Bonds have separate ISINs, with
NO0012774118 (Principal) and NO0012774134 (Interest).

The principal and interest on the Second Lien Bonds have separate ISINs, with
NO0010808256 (Principal) and NO0012774142 (Interest).

Following the Interest Amendments Date (as defined in the Summons) accrued and
unpaid interest is as follows:

First Lien Bonds (ISIN NO0012774118): NOK 27,755,000.00
First Lien Interest Claims (ISIN NO0012774134): NOK 747,997.28

Second Lien Bonds (ISIN NO0010808256): NOK 10,031,511.39
Second Lien Interest Claims (ISIN NO0012774142): NOK 422,447.09

Following the Interest Amendments Date the total outstanding amounts (including
accrued and unpaid interest) is as follows

First Lien Bonds (ISIN NO0012774118): NOK 1,027,755,000
First Lien Interest Claims (ISIN NO0012774134): NOK 27,697,998,28

Second Lien Bonds (ISIN NO0010808256): NOK 360,031,511.39
Second Lien Interest Claims (ISIN NO0012774142): NOK 12,820,216.09

In accordance with the written resolutions of 20 February 2023, as of the
Interest Amendments Date, no further interest accrues.

Important information

Matters discussed in this announcement constitute forward-looking statements.
Forward-looking statements are statements that are not historical facts and may
be identified by words such as “believe”, “expect”, “anticipate”, “strategy”,
“intends”, “estimate”, “will”, “may”, “continue”, “should” and similar
expressions. The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further assumptions.
Although Convene Holding believes that these assumptions were reasonable when
made, these assumptions are inherently subject to significant known and unknown
risks, uncertainties, contingencies and other important factors which are
difficult or impossible to predict and are beyond its control. The information,
opinions and forward-looking statements contained in this announcement speak
only as at its date and are subject to change without notice. Convene Holding
undertakes no obligation to review, update, confirm, or to release publicly any
revisions to any forward-looking statements to reflect events that occur or
circumstances that arise in relation to the content of this announcement.

More information:
Access the news on Oslo Bors NewsWeb site