Eckern Finans Holding AB ("KKR Bidco"), an investment vehicle controlled by certain funds, client and accounts managed or advised by KKR Credit Advisors (US) LLC has today acquired 39,030 shares in Avida Holding AB ("Avida") at NOK 26 per share and FSK Eckern Finans Holding AB ("FSK Bidco"; and together with KKR Bidco, "KKR"), an investment vehicle controlled by certain funds, clients and accounts managed or advised by FS/KKR Advisor, LLC has today acquired 19,803 shares in Avida at NOK 26 per share.
 
KKR currently owns 43,277,915 shares in Avida, representing 61.32% of the outstanding shares in Avida.
 
KKR is represented on the Board of Directors of Avida by Daniel Knottenbelt, John Howard and Varun Khanna.