Nordea Bank Abp, filial i Sverige ("Nordea") and Skandinaviska Enskilda Banken AB ("SEB") (together, the "Joint Global Coordinators") have today notified Enity Holding AB (publ) ("Enity") and the Main Shareholder (as defined below) that the overallotment option has been exercised in full and that the stabilisation period has now ended. No stabilisation measures have been or will be carried out.

In connection with the offering and listing of Enity's shares on Nasdaq Stockholm on 13 June 2025 (the "Offering"), Butterfly Holdco Pte Limited (the "Main Shareholder"), which is indirectly controlled by EQT VII[1], granted the Joint Bookrunners an option to acquire up to an additional 3,825,000 shares, corresponding to maximum 15 per cent of the total number of shares in the Offering, to cover any overallotment in relation to the Offering.

No price stabilisation measures have been carried out since the listing on 13 June 2025, and due to Enity's share price performance, the Joint Global Coordinators have decided to exercise the overallotment option in full and Nordea, as stabilisation manager on behalf of the Joint Global Coordinators, has decided to end the stabilisation period.

About Enity

Enity is a specialist mortgage provider operating in the Nordic region, creating innovative and inclusive mortgage solutions for approximately 33,000 customers across Sweden, Norway and Finland. Enity commenced operations in 2005, with a mission to provide sustainable access to the housing market for the underpenetrated, high-growth segment of borrowers not always well-served by high-street banks, despite low risk and strong potential. Enity has since then grown its fully secured mortgage portfolio across Sweden and Norway, expanded its footprint to Finland, expanded its mortgage-focused portfolio with an equity release product and included savings accounts as a part of its product offering, carried out M&A through the acquisition of Bank2 in Norway, and launched a covered bond programme. Enity serves its customers through a differentiated product offering across three brands: Bluestep Bank in all its geographies, Bank2 in Norway and 60plusbanken in Sweden.

Enity has made significant investments to develop a modern, scalable, cloud-based operating model to become a truly digital specialist mortgage bank, whilst maintaining its low-risk assets and underwriting skills and forging a path of stable and profitable growth. Today, Enity is a profitable market leader based on the size of its mortgage loan portfolio, with lending to the public of SEK 29.3 billion as of 31 March 2025, in a steadily growing market with a low-risk portfolio primarily comprised of fully secured mortgages.

Advisors

Nordea and SEB are acting as Joint Global Coordinators and Joint Bookrunners, and ABG Sundal Collier AB is acting as Joint Bookrunner (together, the "Joint Bookrunners"). Mannheimer Swartling Advokatbyrå AB is Enity's and the Main Shareholder's legal advisor as to Swedish law, and Paul, Weiss, Rifkind, Wharton & Garrison LLP is Enity's and the Main Shareholder's legal advisor as to U.S. law. Gernandt & Danielsson Advokatbyrå KB is legal advisor to the Joint Global Coordinators and Joint Bookrunners.

For further information, please contact:

Juan Navas, Head of Communications, Enity Bank Group
+46 (0)70 306 2245
juan.navas@enity.com

The information was submitted for publication, through the agency of the contact person set out above at 17:45 CEST on 25 June 2025.

Important information

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities issued by Enity Holding AB (publ) (the "Company", and such securities, the "Securities"), nor shall there be any sale of the Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This announcement does not constitute an "offer of securities to the public" within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (together with any related implementing and delegated regulations, the "Prospectus Regulation") or the Prospectus Regulation as it forms part of UK domestic law by virtue of the UK European Union (Withdrawal) Act 2018 and as amended by The Prospectus (Amendment etc.) (EU Exit) Regulations 2019 (each as amended) (the "UK Prospectus Regulation") of the Securities in the UK or in any member state of the European Economic Area (the "Member States" and "EEA", respectively). Any offers of the Securities to persons in the UK or in the EEA, other than Sweden and Finland, have been made pursuant to exemptions under the Prospectus Regulation and the UK Prospectus Regulation from the requirement to produce a prospectus for offers of the Securities. Accordingly, this announcement is only addressed to and directed at persons in Member States and in the United Kingdom ("UK") who are "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation.

This announcement is being distributed only to, and is directed only at (a) persons outside the United Kingdom, (b) persons who have professional experience in matters relating to investments falling within Article 19(5) of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), (c) high net worth entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(2) of the Order and (d) persons to whom an invitation or inducement to engage in investment activity (within the meaning of Section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons. This announcement is directed only at relevant persons and any person who is not a relevant person should not act or rely on this announcement or any of its contents.

This announcement does not constitute an offer for sale of, or a solicitation of an offer to purchase or subscribe for, any securities in the United States. Securities may not be offered or sold in the United States unless they are registered or are exempt from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The information contained in this announcement is for informational purposes only and does not purport to be full or completed. Copies of this announcement are not being, and should not be, distributed in or sent into the United States.

The Securities have not been and will not be registered under the Securities Act, as amended, and, subject to certain exceptions, may not be offered or sold within the United States (as defined in Regulation S under the Securities Act ("Regulation S")). The Securities are being offered and sold outside the United States in reliance on Regulation S and within the United States to "Qualified Institutional Buyers" (as defined in Rule 144A under the Securities Act ("Rule 144A")) in reliance on Rule 144A. Prospective purchasers are hereby notified that sellers of the Securities may be relying on the exemption from the provisions of Section 5 of the Securities Act provided by Rule 144A.

The offering of the Securities in the Company (the "Offering") has been made by means of a prospectus published by the Company. This announcement is not a prospectus for the purposes of the Prospectus Regulation, the UK Prospectus Regulation and/or Part VI of the UK Financial Services and Markets Act 2000. Investors should not subscribe for any securities referred to in this announcement on the basis of information contained in this announcement. The prospectus, that has been approved by the Swedish Financial Supervisory Authority, is available at the website of the Company at https://www.enity.com/en/about-the-ipo. The approval of the prospectus by the Swedish Financial Supervisory Authority should not be understood as an endorsement of the Securities offered or admitted to trading on a regulated market. When an investor makes an investment decision, they must rely on their own analysis of the Company and its corporate group, including applicable facts and risks. Investors should, before making an investment decision, engage their own professional advisers and carefully evaluate and consider the investment decision.