GLX Holding AS: Successful placement of senior secured bond issue

04 Mar 2026 19:00 CET

4 March 2026 – reference is made to the announcement by GLX Holding AS
(“Glamox”) on 27 February 2026. Glamox is pleased to announce that it has
successfully placed a new EUR 225 million 5-year senior secured bond issue due
18 March 2031.

Net proceeds from the bond issue will be used to refinance the existing senior
secured bond issue maturing 23 February 2027 with ISIN NO0012838970 (the
“Existing Bonds”), to fund a shareholder distribution, and for general corporate
purposes.

A call notice for the full redemption of Existing Bonds at the prevailing call
price in accordance with the terms of the Existing Bonds will be published in a
separate press release.

Arctic Securities, Danske Bank and DNB Carnegie acted as Joint Global
Coordinators and Joint Bookrunners, and SB1 Markets acted as Joint Bookrunner
for the bond issue.

This information 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: 19:00 CET, 4 March 2026.

For further information, please contact

Kjetil Østvold
Head of Investor Relations & Analysis
Tel: +47 468 63 004
Email: kjetil.ostvold@glamox.com or ir_glx@glamox.com

About Glamox:

Glamox Group is a leading lighting company. We provide quality energy-efficient
smart lighting solutions 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.

Headquartered in Oslo, Norway, Glamox AS is privately owned by Triton and
Fondsavanse and is a subsidiary of GLX Holding AS. Glamox AS employs around
2,000 professionals with sales and production in Europe, Asia, and North
America. In 2025, its annual revenues were NOK 4,447 million. It owns a range of
quality lighting brands, including Glamox, Aqua Signal, LINKSrechts, LiteIP,
Luminell, Luxo, MARL, Norselight, and Wasco. For more information, please see
www.glamox.com.

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