Fibo Group AS – Call notice announcement

28 Jan 2022 16:57 CET

Reference is made to the press release issued on 13 January 2022. Fibo Group AS
has today notified Nordic Trustee AS of its intention to exercise its call
option under the Fibo Group AS NOK 250,000,000 FRN Senior Secured Bond Issue
2019/2022 (ISIN NO0010847379) for all of the bonds. Fibo Group AS will redeem
all of the outstanding bonds at 100.50 per cent of the nominal amount with
settlement on 11 February 2022.

See the attached call notice for further information.

For further information please contact:
Per Richard Olsen, CFO
E-mail: pol@fibosystem.com
Mobile: +47 930 19 660

About Fibo
Founded in 1952, Fibo is a Norwegian market leading manufacturer of high-quality
wet room wall panels, kitchen backsplashes, countertops, and accessories. Wet
room wall panels are by far the greatest contributor with ~75% of sales and
where Fibo has a dominating market position with c. 70% market share in Norway.
Geographically, Norway accounts for 62% of sales, followed by UK (13%), Sweden
(8%), and other including North America (17%). Fibo has experienced significant
growth in recent years with Q3 (21) R12m sales and EBITDA of NOK 721m and NOK
102m, respectively, corresponding to a margin of 14.3%.

More information:
Access the news on Oslo Bors NewsWeb site

552200_Fibo Group AS - Call Notice - ISIN NO0010847379 (signed).pdf