ZITON A/S – New interest rate following leverage ratio below 4.25x

29 Oct 2024 14:45 CET

Reference is made to the Q3 2024 interim financial report (the "Q3 Report")
published by ZITON A/S (the "Company") today.
According to the bond terms (the "Bond Terms") of the Company's first lien bond
loan with ISIN NO0012928185 (the "Bonds"), each Bond accrues interest at EURIBOR
(3 months) plus 9.50 per cent, or, 6.50 per cent starting from and including the
first day of the first interest period commencing after the Company has
delivered a compliance certificate evidencing that the leverage ratio is equal
to or lower than 4.25x.
As stated in the Q3 Report, the leverage ratio as of 30 September is 3.83x, i.e.
below 4.25x. The Company has delivered a compliance certificate to the bond
trustee in that respect. Consequently and in accordance with the Bond Terms, the
Bonds will accrue interest at EURIBOR (3 months) plus 6.50 per cent from the
next interest period commencing 9 December 2024.
The Company will publish a separate stock exchange notice once the interest rate
for the next interest period has been set.

For further information, please contact
Thorsten Jalk, CEO ZITON A/S Jens Michael Haurum, CFO ZITON A/S
email: thj@ziton.eu email: jmh@ziton.eu
direct: +45 8744 4410 direct: +45 8744 4430

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630635_3 - Change in interest margins.pdf