Infront AS – Notice of exercise of call option

18 Nov 2025 16:52 CET

Oslo, Norway, 18 November 2025 – reference is made to the announcement made by
Infront AS (the “Company”) on 30 October 2025. The Company has today notified
Nordic Trustee AS of the exercise of its call option to redeem all outstanding
bonds under the Company’s outstanding EUR 130 million senior secured bonds with
ISIN NO0011130155 (the “Existing Bonds”), and each bondholder is hereby given
notice thereof.

The exercise of the call option is conditional upon certain conditions as set
out in the call option notice being satisfied no later than 27 November 2025.

Subject to satisfaction of the aforementioned conditions, the remaining Existing
Bonds will in accordance with the bond terms of such bonds be repaid at 100.531%
of the nominal amount (plus accrued and unpaid interest on the redeemed amount).
Settlement is expected to be 2 December 2025.

For information relating to the exercise of the call option, reference is made
to the attached call option notice.
For further information, please contact:

Paul Schmidt
Chief Financial Officer
Tel: +44 (0) 7818 264 450
Email: paul.schmidt@infront.co

More information:
Access the news on Oslo Bors NewsWeb site

659973_Call Option Notice.pdf