Successful placement of new senior secured bond issue

09 Mar 2023 14:40 CET

Oslo, 9 March, 2023

Zalaris ASA (“Zalaris”) has today successfully completed the issuance of a new
EUR 40 million senior secured bond with 5-year tenor. Net proceeds from the bond
issue will be used to refinance Zalaris’ existing senior secured bond with
maturity in September 2023 (ISIN: NO NO0010832710), and for general corporate
purposes. The transaction attracted broad interest across the Nordics, and
Europe and was significantly oversubscribed.

ABG Sundal Collier, Arctic Securities and Nordea acted as Joint Lead Managers
for the transaction. An application will be made for the bonds to be listed on
Frankfurt Open Market and Oslo Børs.

For more information, please contact:

Hans-Petter Mellerud, CEO
Mobile: +47 928 97 276
E-mail: hans-petter.mellerud@zalaris.com

Gunnar Manum, CFO
Mobile: +47 951 79 190
E-mail: gunnar.manum@zalaris.com


About
Zalaris(OSLO: ZAL) simplifies HR and payroll administration and empower you with
useful information so that you can invest more in people. We are a leading
service provider of Human Experience Management (HXM) solutions across Europe,
serving more than 1.5 million employees with an annual revenue of NOK 893m
(2022). We hold #1 or #2 positions in most of our markets. Our consultants have
more than 21 years of experience in transforming HR with our clients. Simplify
work life. Achieve more. For more information, go to www.zalaris.com.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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